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
  
  
  
  

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