New Calendar View!
Content Provider
Keebler logo

Middle millennial abacusnext
Self-Study CPE
DEATH AND TAXES: ESTATE PLANNING FUNDAMENTALS FOR ACCOUNTANTS
View Details/Register
TAX REFORM: STRATEGIES FOR YOUR INDIVIDUAL AND SMALL BUSINESS CLIENTS
View Details/Register
EFFECTIVE REPRESENTATION TO ADDRESS ENFORCED COLLECTION ACTIVITY FROM THE IRS
View Details/Register
HOME OFFICE DEDUCTION
View Details/Register
EARNED INCOME TAX CREDIT
View Details/Register
TAX TREATMENT OF RETIREMENT PLANS, PENSIONS AND ANNUITIES
View Details/Register
EDUCATION TAX BENEFITS
View Details/Register
TAX TREATMENT OF INDIVIDUAL RETIREMENT ARRANGEMENTS
View Details/Register
TAX TREATMENT OF SICKNESS & INJURY PLANS
View Details/Register
REASONABLE COMPENSATION FOR SHAREHOLDER-EMPLOYEES OF S-CORPS
View Details/Register
AFFORDABLE CARE ACT: INDIVIDUAL RIGHTS & RESPONSIBILITIES
View Details/Register
ESOPS 101: A DETAILED INTRODUCTION OF EMPLOYEE STOCK OWNERSHIP PLANS
View Details/Register
INDEPENDENT CONTRACTOR DILEMMA: 1099 VERSUS W-2
View Details/Register
1099 HEADACHES
View Details/Register
TAX TREATMENT OF LIFE INSURANCE PROCEEDS
View Details/Register
EARNED INCOME TAX CREDIT DUE DILIGENCE
View Details/Register
AFFORDABLE CARE ACT: EMPLOYER RIGHTS & RESPONSIBILITIES
View Details/Register
THE FUTURE OF IRS VOLUNTARY DISCLOSURES IN A POST-OVDP WORLD
View Details/Register
PUERTO RICO ACT 20/ACT 22 – THE UNBELIEVABLE NEW TAX STRATEGY
View Details/Register
INTRODUCTION TO INTUIT PROSERIES: TAX SOFTWARE DEMONSTRATION
View Details/Register
TAXES IN EMONEY: FINANCIAL PLANNING AFTER THE TAX CUTS AND JOBS ACT
View Details/Register
TAX CUTS & JOBS ACT: INDIVIDUAL TAX PREPARATION
View Details/Register
§199A FINAL REGULATIONS FINALLY DROP: CHOICES, CHOICES – WHICH WAY TO GO?
View Details/Register
THE IMPACT OF THE TAX CUTS & JOBS ACT ON LIFE INSURANCE
View Details/Register
§199A SMALL BUSINESS DEDUCTION OVERVIEW: STATUTORY FRAMEWORK & PLANNING STRATEGY
View Details/Register
THE SECTION 199A PASS-THROUGH DEDUCTION
View Details/Register
INTRODUCTION TO PROCONNECT TAX ONLINE: LIVE DEMO
View Details/Register
TAX REFORM: OVERVIEW
View Details/Register
INTERNATIONAL TAX: CONCEPTS IN A GLOBAL SOCIETY
View Details/Register
TAX REFORM AND PASS THROUGH ENTITIES §199A: PLANNING FOR PROFESSIONAL PRACTICE
View Details/Register
IRS FORM 1099 REPORTING: REPORTING REQUIREMENTS
View Details/Register
MANAGING COMPLEX IRS AUDITS OF MIDSIZE BUSINESS TAXPAYERS - EXPANDED
View Details/Register
FORM 1041: UNIQUE ASPECTS TO TAX ACCOUNTING FOR TRUSTS AND ESTATES
View Details/Register
QUALIFIED OPPORTUNITY ZONES: BRAND NEW PROPOSED REGULATIONS ROUND 2
View Details/Register
2020 ANNUAL FEDERAL TAX SEASON UPDATE
View Details/Register
TAXATION OF IRAs AT DEATH
View Details/Register
WHAT CPAS AND FINANCIAL PLANNERS SHOULD KNOW ABOUT TRUSTS AND ESTATES
View Details/Register
Planningforprofessionalpractice keebler selfstudy

TAX REFORM AND PASS THROUGH ENTITIES §199A: PLANNING FOR PROFESSIONAL PRACTICE

CPE Processing Fee$90.00
Webinar TranscriptionN/A
Presentation Length Hour(s)3.0 hours
CPE3.0
3 hours for EAs (Federal Tax Update)
Course Id# - HURS9-U-00223-18-S
Subject AreaTaxes
Course LevelBasic
Instructional MethodQAS Self-Study
PrerequisitesNone
Advance PreparationNone
Recorded DateApr 08, 2019
Date OfferedApr 08, 2019
Course Description

The new Section 199A 20% small business deduction is one of the largest opportunities in the Tax Cuts and Jobs Act. This webinar is designed for financial planners, trustees, lawyers and CPAs that need to explore the limitations of the 199A deduction and how to design strategies that will help your clients optimize the deduction and reduce the impact of the service and non-service business limitations. This webinar focuses on how creative planning techniques can be used to optimize the 20% deduction, and Robert Keebler will cover the following topics during the webinar:


  • Specified Service Trade or Business with Income of $315,000 or Less

  • Specified Service Trade or Business with Income over $415,000

  • Understanding the Four types of Taxpayers

  • Planning for Income Between the Phase-out Limitations – A Critical Concept

  • What is a Specified Service Trade or Business?

  • Running the Math for Real Estate Investors

  • Running the Math for a Traditional Business

  • How are Professional Service Firms Treated Under Section 199A

  • What is Congress Hoping to Achieve with the 20% Small Business Deduction

  • Nonservice Business with Over $315,000 of Taxable Income

  • Nonservice Business with Less than $315,000 of Taxable Income

  • Changes in the Accuracy-Related Penalty

  • Separating Professional Service Firms into a Traditional Business and s Service Firm

  • Understanding the 2.5% Test and Why the Entity-by-Entity Basis is a Trap for the Unwary

  • Understanding the Limitation based on W-2 Wages and Capital:

    • Relationship to the Net Investment Income Tax

    • Understanding the Interest Limitation on an Entity-by-Entity Basis

    • Treatment of Real Estate Income and the 50% Wage Limitation

    • Treatment of Carryover Losses

    • The Impact of the Pass-thru Deduction on Prior Year Losses

    • The Impact on Qualified REIT Income

    • The Impact of Reasonable Compensation and Guaranteed Payments



Not logged
Handout Materials
Presentation Slides
Review Questions
Review Questions
QUESTION 1: 7 minutes
QUESTION 2: 15 minutes
QUESTION 3: 30 minutes
QUESTION 4: 36 minutes
QUESTION 5: 57 minutes
QUESTION 6: 1:09 minutes
QUESTION 7: 1:15 minutes
QUESTION 8: 1:33 minutes
QUESTION 9: 2:05 minutes
Frequently Asked Questions
  • CPAacademy self-study courses are online.
  • The self-study format allows you to a) access the material online 24/7 and b) study at your own pace.
  • Per NASBA guidelines, you have one year from date of purchase to complete each program.
  • Complete your final exam at any time and get graded instantly. You can retake the exam at no additional charge (unlimited attempts).
  • Print your own certificate of completion on the spot upon passing the exam.
  • Grading policies: a) courses have a minimum passing score 70% b) test takers will not be provided feedback on failed exams.
  • Upon achieving a passing score, test takers will be notified of the correct answers to the questions missed.

Loading ...

Loading ...
Linkedin Twitter
Keebler logo

Robert S. Keebler, CPA/PFS, MST, AEP (Distinguished), CGMA is a partner with Keebler & Associates, LLP and the current chairman of the AICPA Advanced Estate Planning Conference. In 2007 he was inducted into the Estate Planning Hall of Fame of National Association of Estate Planners & Councils. He has also been named by CPA Magazine as one of the Top 100 Most Influential Practitioners in the United States and one of the Top 40 Tax Advisors to Know During a Recession. His practice includes family wealth transfer and preservation planning, charitable giving, retirement distribution planning, and estate administration. Mr. Keebler frequently represents clients before the National Office of the Internal Revenue Service (IRS) in the private letter ruling process and in estate, gift and income tax examinations and appeals, and he has received more than 200 favorable private letter rulings including several key rulings of “first impression”. He is the author of over 100 articles and columns and is the editor, author or co-author of many books and treatises on wealth transfer and taxation. Mr. Keebler has been a speaker at national estate planning and tax seminars for over 20 years including the AICPA’s: Estate Planning, High Income, Advanced Financial Planning Conferences, ABA Conferences, NAPEC Conferences, The Notre Dame Estate Planning Conference and the Heckerling Estate Planning Institute.

Nasba
Logo qas

NASBA Approved

CPAacademy.org (Sponsor Id#: 111889) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.

CPAacademy.org 1685 S. Colorado Blvd, Suite #205, Denver, CO 80222

About Our Presenter

Keebler logo
At Keebler & Associates, we are nationally recognized tax professionals in family wealth transfer, estates and retirement distribution planning. We provide tax and estate planning to high net worth individuals and families and educate financial, tax and estate professionals on cutting edge tax strategies.