199A FINAL REGULATIONS FINALLY DROP: CHOICES, CHOICES - WHICH WAY TO GO? (8 hours)

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Apr 16, 2020

Registration: 6:30 AM / Program: 7:00 AM - 3:00 PM

Fees

Member Fee: $0.00
Nonmember Fee: $0.00

Available Discounts

AICPA Member: None
Full time Accounting Educator: None

Description

At long last, the (300 page) Final §199A Regs have dropped. What does it mean for 2018 tax returns? Everything. IRS (and Treasury) have thrown down a critical choice at our feet: Choose to apply (to 2018 returns) 08/16/18 proposed regs or 01/18/19 final regs. Which to choose? Take our all-new course (and learn how to choose).

**Please Note:  If you need credit reported to the IRS for this IRS approved program, please download the IRS CE request form on the Course Materials Tab and submit to leighanne.conroy@acpen.com.

Designed For

CPAs and interested persons desiring to master sec. 199A

Objectives

  • To learn how to choose between the §199A proposed and final regs for 2018 returns and plan to reduce income taxes

Major Subjects

  • Is rental real estate a §199A business or not? New blood on the tracks
  • Optional aggregation (of businesses) to pump up QBI deduction 
  • Aggregation now available at entity (partnership) level - Whoa, Nelly!
  • Differences between proposed and final regs: The breakdown
  • Specifics on how to distinguish and aggregate businesses
  • Differences between proposed and final regs: The breakdown 
  • Effective date(s) of the final regs (choices, choices, choices, choices)

This event has already passed. If you have any questions, please contact us at 503-641-7200 or email profdev@orcpa.org.