Hot Topics: Section 199A Finalized Regulations (E1902004)

Now that the IRS has published final guidance on the 20% pass-through deduction, attend this webinar to identify planning opportunities to maximize the deduction and understand how to properly advise your clients.

DESIGNED FOR

• CPAs
• Sole proprietors
• Business owners of pass-through entities

  HIGHLIGHTS

  
  The discussion will cover:
  • Trade or business requirement
  • Definitional guidance for specified service trades/businesses (SSTBs)
  • De minimis rule for SSTBs
  • Scope of the “reputation or skill” clause for SSTBs
  • Elective aggregation of commonly-controlled businesses
  • Presumption regarding employees-turned-independent contractors
  • Treatment of QBI losses and Section 1231 gain
  • Exclusion of partnership basis adjustments from qualified property

  COURSE LEVEL

  Basic