Advanced IRC 199A: A Case Study Approach FLEXCAST

Overview

Understanding and planning with the new Section 199A 20% pass-through business deduction is one of the largest opportunities in the Tax Cuts and Jobs Act. This course will explore the mathematics of the deduction with an iterative case-study approach.

Highlights

Foundation concepts. Case studies.

Prerequisites

None.

Designed For

CPAs, financial professionals, enrolled agents and attorneys.

Objectives

Understand the basics of the deduction and how to plan for it. Understand how reducing or spreading out taxable income increases the deductions. Understand the basics of choice of entity and the regulatory aggregation election.

Preparation

None.

Notice

This is a FlexCast (no exam required) and may be viewed only Monday - Saturday, 5am - 5pm PT. You may take up to one year from the date of purchase to complete the course. Pause your FlexCast and resume at a convenient day during the hours above. Partial credit for 2+ credit courses: If you are unable to complete the course in one sitting, partial credit can be awarded (minimum of one credit). To earn the remaining credits, you must return later and start the course from the beginning. Use chat to ask questions of a subject matter expert during the program.