Give Clients the Full Advantage of This Deduction This Tax Year
It’s time to cut through the ambiguities of the new Section 199A. Whether you’re filing taxes for individuals, estates, or trusts, you’ll want to have a firm grasp of how to deduct the maximum amount of qualified business income from sole proprietorships and pass-through entities.
Join this comprehensive, 4-hour session with taxation professional Arthur J. Werner to decode Section 199A. He’ll fully explain the major changes to the tax code—and clear up any confusion about: eligibility, income thresholds, W2 wages, and investment limits.
You’ll walk away with the solid understanding you need to pass on the full benefits of Section 199A to your clients—maximizing the available 20% deduction and minimizing negative impacts.
In this valuable session, you’ll learn:
What’s new: How the 2017 Tax Cuts & Jobs Act changed the tax code
Eligibility requirements for the 199A deduction
Income thresholds for the 199A deduction
How to handle W2 wages and investment limits
The definition of ‘qualified business income’
How to calculate the 199A deduction
How to maximize deductions for your clients
NASBA & IRS Category of Study: Taxes
Who Should Attend
This program is designed for certified public accountants (CPAs), enrolled agents (EAs), attorneys, financial planners, other tax preparers, finance and accounting professionals, personnel in accounting/taxation/law firms, small business owners. All tax practitioners who anticipate advising clients with respect to the Section 199A 20% deduction.
Arthur Joseph Werner, JD, MS (Taxation), received his B.S. in Accounting and his M.S. in Taxation from Widener University. He holds a J.D. in Law from the Delaware Law School. His lecture topic specialties extensively include the areas of Estate Planning, Financial Planning, and Estate and Gift Taxa...