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Friday, March 26, 2021 Live Webcast

Section 199A: Review and Recent Developments (X2-15891)

11:30 AM - 1:30 PM EST
webcast

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2 CPE Credits in TX

OVERVIEW

This program addresses the Section 199A deduction for flow-through entity income, including a review of the major provisions, forms reporting, and recent developments. This course qualifies for PTIN credit.

DESIGNED FOR

CPAs in public practice and industry seeking an update on the latest tax developments impacting the flow-through entities deduction

BENEFITS

After attending this presentation you will be able to...

  • Recognize the deduction for income from flow-through entities using flowcharts and examples
  • Identify the rules pertaining to Section 199A

HIGHLIGHTS

The major topics that will be covered in this class include:

  • A deep-dive look at the Section 199A flow-through entities deduction
  • Calculation of qualified business income
  • Application to rental real estate - "safe harbor" rule and aggregation rules
  • Self-rental rule for Section 199A compared to self-rental rule for passive activities
  • Differing impact on the sole proprietorship, partnerships and S Corporations
  • Forms reporting on Forms 8995 and 8995-A
  • Section 199A flowchart

COURSE LEVEL

Intermediate

PREREQUISITES

Basic working knowledge of business and individual taxation

ADVANCE PREPARATION

None

INSTRUCTOR

Steven Dilley

Steven C. Dilley, CPA, J.D., Ph.D.

Steven C. Dilley, CPA, J.D., Ph.D. is President of Federal Tax Workshops, Inc., East Lansing, Michigan, where for the past 36 years, his organization has prepared continuing professional education materials and presented seminars for accountants and attorneys throughout the United States. He is nationally known for his knowledge of the financial, accounting, and tax problems of the closely held business. He has published numerous articles on these topics. In addition, Steve is a Professor of Accounting at Michigan State University, East Lansing, where he teaches tax accounting and was nominated in 2004 for the "Educator of the Year Award." He obtained his Ph.D. in accounting, law degree and an undergraduate accounting degree from the University of Wisconsin-Madison. He is a member of the Michigan Association of CPAs, Wisconsin Bar Association, The American Accounting Association, AICPA, American Tax Association, and Hawaii Association of Public Accountants.

PRICING

$69.00 - Member

$79.00 - Nonmember

Pre-Registration Closed

Online pre-registration for this event is now closed.

ADDITIONAL OPTIONS

Print a registration form

COURSE DEVELOPER

CPA Crossings

ALSO QUALIFIES FOR