Leveraging the Qualifying Business Income Deduction (IRC Section 199A)

Attend upcoming webinar and earn continuing education credits. Live Webinars   |   On-Demand   |   All-Access Plan Manage Preferences    |    View in Browser Leveraging the Qualifying Business Income Deduction (IRC Section 199A) May   14 3 pm - 4:30 pm ET Presenter: Miles Hutchinson, President of Learn Continuously, Inc 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   Section 199A provides the opportunity for beneficial owners of pass-through businesses and owners of many other trades or businesses to take a deduction for up to 20% of Qualified Business Income, plus 20% of REIT dividends and qualified publicly traded partnership income. However, there is a catch. Specified Service Trades or Businesses (SSTBs) and the trade or business of providing services as an employee are not eligible, unless taxable income is below certain thresholds. The credit is also subject to other limitations, phase-outs, and a sunset provision. The IRS published final regulations in January 2019. Not surprisingly, these final regulations are complex and require a careful read. In this practical webinar, you will learn the "cliff notes" of the final regulations based on a thorough analysis from experts. You will learn how to navigate section 199A and identify the key opportunities and issues for you and your clients. You will also receive a list of valuable resources to support you for varying challenging situations. Upon course completion, you will be able to: Define what Qualified Business Income is and determine what is not Map out the various limitations on QBI and the 20% deduction Clarify the conditions where rental property qualifies as QBI Determine how trusts may use the deduction and avoid the anti-abuse rules Properly apply the reasonable compensation rules to pass-through entities Legally minimize your tax liability using section 199A Learn More Register Today About The Presenter   Miles Hutchinson is a CGMA and President of Learn Continuously, Inc, with over 40 years of practical business experience. He has served as an auditor with PriceWaterhouseCoopers and the Chief Financial Officer of a one-billion-dollar real estate development company. Mr. Hutchinson is a professional speaker and consultant who has presented over 2,500 seminars and training sessions on a myriad of business and financial topics, such as financial analysis and modeling, accounting, strategic planning, and compliance with the Sarbanes-Oxley Act. His clients include, Abbott Labs, Bank of America, Boston Scientific, Citicorp, Corning, the FBI, the FDA, the Federal Reserve, GE, Pfizer, Siemens, US Marine Corps, and the US Army. 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 Combating Negative Employee Behavior: Strategies for a Positive and Productive Workplace May 15 at 1 pm ET Learn More Rethinking Harm in Personal Injury and Negligence Cases: Using Psychosocial Evaluations to Uncover Harm May 15 at 3 pm ET Learn More Excel Update: Logic Functions: IF, AND, OR, and More May 16 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.