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Planning for the Section 199A Deduction for Pass Through Entities

Description

The 2017 Tax Cuts and Jobs Act (TCJA) introduced Code Section 199A, which allows a 20% deduction from taxable income for certain pass-through entities. The IRS issued proposed regulations in August of 2018 that address Section 199A and resolve many questions. At the same time, the proposed regulations raise other questions to consider. Join this webcast as Steve Siegel covers how Section 199A applies to your clients.

Learning Objectives
  • Identify who can claim this deduction and who cannot claim it
  • Identify the various thresholds in the law that allow certain business activities to qualify for the deduction
  • Analyze what planning you can suggest to your clients to help them understand this law and determine how its opportunities may apply to them
Major Topics
  • How Section 199A will apply for most of your clients
  • Who can and cannot claim the deduction
Provider
AICPA
Course Level
Intermediate
CPE Field of Study
Specialized Knowledge
2.0
Prerequisites

Basic knowledge of tax compliance and planning concepts

Location
Online
Event Information
When
Dec 27, 2018
11:00 am - 12:45 pm EST
Location
Online
Total CPE Credits
2.0
Format
Webcast Replay

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Planning for the Section 199A Deduction for Pass Through Entities


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