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