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Self-Study CPE
DEATH AND TAXES: ESTATE PLANNING FUNDAMENTALS FOR ACCOUNTANTS
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TAX REFORM: STRATEGIES FOR YOUR INDIVIDUAL AND SMALL BUSINESS CLIENTS
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EFFECTIVE REPRESENTATION TO ADDRESS ENFORCED COLLECTION ACTIVITY FROM THE IRS
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TAX TREATMENT OF INDIVIDUAL RETIREMENT ARRANGEMENTS
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HOME OFFICE DEDUCTION
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EARNED INCOME TAX CREDIT
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TAX TREATMENT OF SICKNESS & INJURY PLANS
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TAX TREATMENT OF RETIREMENT PLANS, PENSIONS AND ANNUITIES
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EDUCATION TAX BENEFITS
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AFFORDABLE CARE ACT: INDIVIDUAL RIGHTS & RESPONSIBILITIES
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Free cpece webinars
IRS Presenting: Tax Reform Basics for the Qualified Business Income Deduction (Section 199A)

IRS PRESENTING: TAX REFORM BASICS FOR THE QBI DEDUCTION (SECTION 199A)

This course has expanded to 1.5-hours. It was previously offered at 1-hour.
Available Date(s)
Wednesday, July 17, 2019: 10:00AM EDT

Cost Free
CPE Credits 1.5 hours
1 hour for EAs (Federal Tax Update)
Course Id# - HURS9-U-00457-19-O
Subject Area Taxes
Course Level Basic
Instructional Method Group Internet Based
Prerequisites None
Advanced Preparation None
Series: Tax Reform, Taxes
Course Description

This webinar will be covering the major factors of the Qualified Business Income Deduction (Section 199A). Some of the areas that will be discussed include who is eligible for the deduction, what is the deduction, and what is Qualified Business Income (QBI). Also included will be what is a Qualified Trade or Business (QTB), rentals, pass-thru entity reporting, QBI components, losses, computation, and resources. The webinar will provide you will a good understanding of this deduction which was beneficial to over 40 million taxpayers during the 2018 tax season.
 

Herbert D. (Ley) Mills

IRS
Stakeholder Liaison

(804) 916-3892

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Herbert D. (Ley – sounds like “Lee”) Mills is a Senior Stakeholder Liaison - Field, which is part of Communications & Liaison operating unit at the Internal Revenue Service.  He has been with the Service for 29 years, consisting of 11 years as a Revenue Agent in Compliance and the remaining years as a Senior Stakeholder Liaison. As a Revenue Agent, Ley audited Federal Income Tax Returns for various corporations, partnerships, and self-employed individuals. He also served as the VITA (Volunteer Income Tax Assistance) Program Coordinator in Northern Virginia (the program helped over 6,000 taxpayers annually). And he served on the District Speakers Bureau. As a Senior Stakeholder Liaison, Ley works with tax practitioner and professional organizations in a variety of ways to help its members stay up-to-date on relevant tax issues.
 

Handout Materials
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Additional Materials
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Frequently Asked Questions
  • To receive CPE credit for the event, you must register for the webcast prior to the start of each program.
  • CPE is available to all eligible participants within 24 hours of each webinar.
  • Multiple attendees: In order to receive CPE for multiple attendees, ensure that at least one person signs up for the webinar. At the completion of the webinar a proctor form is provided. Alternatively, you may also login to your account following the webinar and click on the MY ACCOUNT button where you will find a link to the proctor letter.
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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

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EA Approved

CPAacademy.org (Sponsor Id#: HURS9) has entered into an agreement with the Internal Revenue Service, to meet the requirements of 31 Code of Federal Regulations, section 10.6(g), covering maintenance of attendance records, retention of program outlines, qualifications of instructors, and length of class hours. This agreement does not constitute an endorsement by the IRS as to the quality of the program or its contribution to the professional competence of the enrolled individual. Credit earned by attendees with a PTIN will be reported directly to the IRS as required of all providers. To ensure your CPE hours are reported, update your profile in My Account to include your PTIN number. Please note: IRS CE is only mandatory for EAs and ERPAs. For all other tax return preparers, CE is voluntary.

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

About Our Presenter

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The IRS is a bureau of the Department of the Treasury and one of the world's most efficient tax administrators. In fiscal year 2012, the IRS collected more than $2.5 trillion in revenue and processed more than 237 million tax returns.