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Tax Reform: A Case Study Approach to Section 199A Logo aicpa

  $99.00 - 129.00 |   20 Aug 2018 |   15:00-17:00 |   CPE: 2.0 |   AICPA |   Taxes |   AICPA Store

The monumental passing of the Tax Cuts and Jobs Act (TCJA) is resulting in historic tax reform that impacts nearly every American. During this time of change, the Section 199A Small Business Deduction has been one of our most asked about areas of the new tax law.

This webcast explores the 199A deduction and uses case studies to assess the deduction under various scenarios. You will focus on the detailed mechanics of the new code section and best planning techniques.

Learning Objectives

When you complete this webcast, you will be able to:

  • Identify, formulate and assess the following calculations:
    • Amount of 199A deduction under various scenarios
    • Overall limitation
    • W-2/unadjusted basis limitation
    • Specified service trade or business (SSTB) limitation
    • Phase-in of W-2/unadjusted basis limitation
    • Phase-out of deduction for SSTBs
    • Calculation of deduction for various entities
    • S corporations
    • Effect of changing ownership percentages during a tax year
    • Allocation of W-2 wages and unadjusted basis
    • Calculation of qualified business income
    • Calculations for trusts
    • Allocation of QBI between trust and beneficiaries
    • Sale of crops to agricultural cooperative vs. sale to non-cooperative buyer
    • Changes to accuracy-related penalty
    • Carryover of losses
    • Effect of QBI on basis
    • Treatment of NOLs
Who Should Attend This Event
  • Tax professionals

Important Information on Your CPE Credit

Discounts

Tax Section Members, PFP Section Members and PFS Credential Holders Save An Additional 20%

When you log in to this website with your AICPA member account, the section discount will be automatically applied during checkout. Section discounts cannot be combined with any other offer. Should you have any questions or encounter any issues, please contact the AICPA Service Center at 888-777-7077 or service@aicpa.org.

Group Viewing Option

Gather the team together and attend this webcast as a group. Each attendee will earn CPE Credit. Enter the number of attendees in the quantity box above.

Number of Attendees Non-Member Member

1 - 4

$129 $99

5 - 9

$115 $89

10 - 20

$109 $85

21 +

$105 $79

Comments/Reflections