New Amendment to Section 163(j): Impacts on Business Interest Deduction Limitation

Attend upcoming webinar and earn continuing education credits. Live Webinars   |   On-Demand   |   All-Access Plan Manage Preferences    |    View in Browser New Amendment to Section 163(j): Impacts on Business Interest Deduction Limitation March   11 1 pm - 2:30 pm ET Presenter: Nicholas Preusch, tax manager at PBMares, LLP Credits: CPE, IRS EA, CLE in all states (Credit Details) Can't attend live? By registering, you will be able to view the course live, view a recording at any time after the live presentation, or both. Viewing Options: View on your computer, tablet, or smartphone Learn More Register Today Course Description   In this practical webinar, you will learn the about the new business interest deduction limitation. Under the Tax Cuts and Jobs Act, some businesses will see a drastic limitation on the amount of business interest they could deduct. While the limitation applies to companies with more than $25,000,000 in gross receipts, there is a couple quirks in the law that would make the limitation apply to other companies as well. Upon course completion, you will be able to: Identify if a company is subject to the business interest limitation Determine how the limitation will impact a company's taxable income Calculate the business interest limitation Utilize strategies to avoid the limitation Minimize the limitations impact going forward Learn More Register Today About The Presenter   Nicholas Preusch, CPA, JD, LLM, is a tax manager with PBMares, LLP. Nicholas has worked with the Internal Revenue Service as a Revenue Agent and an Attorney with the IRS Office of Professional Responsibility. Nicholas has authored publications for the AICPA's Journal of Accountancy, AICPA's Tax Advisor, NATP's Tax Pro Journal, and CCH's Journal of Tax Practice and Procedure. He also co-authored a textbook, Tax Preparer Penalties and Circular 230 Enforcement, published by Thomson Reuters. Nicholas has been recognized as the Top 5 Under 35 CPAs in Virginia, and is a member of the VSCPA's Tax Advisory Committee and the AICPA's Tax Practice and Responsibilities Committee. Nicholas is an adjunct professor with the University of Mary Washington. He is a graduate of Carthage College, University of Connecticut (M.S. in Accounting), Case Western Reserve University School of Law (J.D.), and Georgetown University (LLM in Taxation). Learn More Register Today All-Access Membership   ● Earn continuing education credit for no additional fee ● Access courses on your computer, tablet, or smartphone ● More than 75 live webinars each month ● More than 1,500 on-demand courses Learn More Upcoming Webinars Creating an Effective and Efficient Travel and Entertainment Expense Reimbursement Policy March 12 at 1 pm ET Learn More Trial Director 101 March 13 at 1 pm ET Learn More Preparing the Statement of Cash Flows March 13 at 3 pm ET Learn More Questions? Please call us at 703-372-0550 Our Mailing Address: Clear Law Institute | 4601 N. Fairfax Dr., Ste 1200 | Arlington | VA | 22203 Remove me from future emails. Manage email preferences. This email was sent to virginia.duffy.planetduffy@blogger.com. If you are receiving it in error, please reply to this email.