Tax Cuts and Jobs Act: §199A Pass-Through Deduction - How to Crack the Egg and Save Some Bacon
Total Credits: 2 including 2 Taxes - Technical
- Average Rating:
- 0
- Categories:
- ACPEN Industry Institute | ACPEN Tax Institute | IRS Approved | Tax
- Faculty:
- Bradley Burnett, J.D., LL.M.
- Course Levels:
- Intermediate
- Duration:
- 2 Hours
- License:
Description
The all-new §199A pass-through deduction cuts non-C Corp income tax rates to the lowest in over 3 decades, but only for those eligible. The problem? Some higher income taxpayers, along with some lower income taxpayers, are aced out or trimmed back. And, §199A on its face is spectacularly complicated. This session cracks the egg, makes it understandable and instructs how to plan for best results.
**Please Note: If you need credit reported to the IRS for this IRS approved program, please download the IRS CE request form on the Course Materials Tab and submit to leighanne.conroy@acpen.com.
Basic Course Information
Learning Objectives * To learn about pass through deductionsMajor Subjects
*Complex new pass-through entity deduction (QBID) clearly explained
*How do choices made on 2017 (and 2018) returns affect QBID long term?
*Impact of §199A individual income tax effective rates
*Impact, or not, of §199A on SE tax, NOLs, itemized deductions and credits
*What is the taxable income limitation - How to avoid its harsh impact?
*Why wages and property may be important in each business
*Is the definition of “specified service business” (SSB) the monster it appears to be?
*How to lasso income into the right spots
*Do real estate rentals get a “Dear John letter” or get to join the parade?
*Planning to maximize QBID (and turn high taxed tears to joy)
Course Materials
| Important CPE Credit Instructions_READ BEFORE WEBCAST UPDATED (0.47 MB) | Available after Purchase | ||
| IRS CE Credit Request Form (0.15 MB) | Available after Purchase | ||
| Tax Cuts and Jobs Act: §199A Pass-Through Deduction - How to Crack the Egg and Save Some Bacon slides (15.54 MB) | Available after Purchase | ||
| Tax Cuts and Jobs Act: §199A Pass-Through Deduction_Q&A (0.01 MB) | Available after Purchase | ||
Faculty
Bradley Burnett, J.D., LL.M. Related Seminars and Products
Bradley Burnett practices tax law in Colorado. After undergraduate (Business Administration/Accounting) school and law (J.D.) school, he earned a Master of Laws in Taxation (LL.M.) from the University of Denver School of Law Graduate Tax Program. After stints at national and local accounting firms and a medium sized Denver law firm, he established his own law firm in 1990, He has delivered more than 3,300 presentations on tax law to CPAs, attorneys, EAs and others throughout all fifty U.S. states, Washington, D.C. and seven countries. Bradley served four years as adjunct professor at the University of Denver School of Law Graduate Tax Program, where he pioneered an employment tax course and occasionally pinch-hit in the IRS practice and procedure field. He authors and teaches tax materials for Commerce Clearing House (CCH), has received the Illinois Society of CPAs Instructor Excellence Award and five times has been the most requested, top-rated presenter at annual state CPA tax institutes. His seminar style is briskly paced delivery of practical insights with humor.
Additional Info
Basic Course Information
Prerequisites NoneAdvanced Preparation None
Designed For All CPAs
Original Recording Date 03/22/2018
Yellow Book No
Course Developer Bradley Burnett Tax Seminars, Ltd.
Date Added to Catalog 03/20/2018
Additional Information
Complaint Resolution Policy Please contact Anne Taylor for any complaints. anne.taylor@acpen.com, (972-377-8199).Official Registry Statement
Business Professionals' Network, Inc. is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org
Instructional Delivery Method Group Internet Based
Course Registration Requirements
Online Registration
Refund/Cancellation Policy
Please contact the ACPEN help desk 1-877-602-9877 or help@acpen.com if you wish to cancel your attendance for a previously purchased webcast and are requesting a refund or transfer.