Attend upcoming webinar and earn continuing education credits. New IRS Guidance Update - New Section 199A: Deductions, Limitations, Complexities, and Opportunities | | | | | | Presenter: Nicholas Preusch, of 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 | | | | | | | | | | The updated proposed Section 199A regulations (184 pages) were released by the IRS on August 8, 2018. In this practical webinar, you will learn about these proposed updates to the new IRC §199A deduction, which allows for a maximum 20% deduction of qualified business income, per The Tax Cut and Jobs Act. Among other things, you will learn the complexities related to this deduction, along with items where there are still some uncertainties. Upon course completion, you will be able to: - Identify qualified business income
- Calculate the IRC §199A deduction
- Determine possible structures that help maximize the IRC §199A deduction
- Determine which areas still need further clarification for the deduction
| | | | | | | 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). | | | | | | | | | ● 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 | | | | | |
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