Webinar (Maryland): Don Farmer’s Maximizing the 20% Deduction Under 199A (Including Complete Coverage of New 199A Regulations)! By Walter Nunnallee

Description

If registering today, please call the COCPA at 303-741-8620, to be sent your access link and materials. 

Learning Objectives
After the course, participants should have a thorough understanding of: 
  • The operational rules for determining the 20% deduction under section 199A;
  • The guidance provided in the new proposed 199A regulations; and 
  • Planning techniques to maximize the section 199A deduction.
Major Topics

The IRS estimates 10 million taxpayers will be affected by this new 20% deduction under section 199A. On August 8, 2018 the IRS released proposed regulations [REG 107892-18] covering the 20% deduction. These regulations answer many questions not addressed in the statute and are more than 180 pages long. Walter will cover each aspect of this new section 199A deduction including complete coverage of the proposed regulations.  The following are just a few of the topics Walter will cover:

  • Actions businesses can take before year-end to maximize the 20% section 199A deduction.
  • Calculating the 20% deduction, including phasing in the W-2 Wage and Qualified Property limitation and phasing out the 20% deduction for “Specified Service Trade or Businesses” (SSTBs)
  • Full coverage of the meaning of “W-2 Wage” and “Qualified Property”
  • Which businesses are SSTBs
  • Which businesses can be combined in calculating the deduction and restrictions on splitting-up trades or businesses to maximize the deduction
  • Maximizing the deduction where an individual, S corporation or partnership owns more than one trade or business
  • Which tax vehicle (S corporation, partnership, or proprietorship) produces the largest deduction
  • Does rental income qualify for the deduction?
Provider
Farmer, Don CPA. P.A.
Course Level
Update
CPE Field of Study
Tax
8
Instructor(s)
Walter Nunnallee
Prerequisites

General knowledge of the Federal Income Tax rules and regulations.

Advanced Preparation

None.

Location
Online Course
Register Now
When
Sep 21, 2018
6:00 am - 2:00 pm
Total CPE Credits
8
Format
Webinar
Instructor
Walter Nunnallee

MEMBER


$ (% off)
$270.00

NON-MEMBER


$ (% off)
$370.00
Become a Member

Register for this Event

Webinar (Maryland): Don Farmer’s Maximizing the 20% Deduction Under 199A (Including Complete Coverage of New 199A Regulations)! By Walter Nunnallee


Your browser is out-of-date!

Update your browser to view this website correctly. Update my browser now

×