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Thursday, June 17, 2021 Live Webcast

The Section 199A Deduction: Rules and Forms Reporting (X2-19778)

11:00 AM - 1:00 PM EDT
webcast

Vendor Platform

2 CPE Credits in TX

OVERVIEW

DESIGNED FOR

CPAs in public practice seeking an update on the latest tax developments related to the flow-through entities deduction.

BENEFITS

After attending this presentation you will be able to...

  • Understand in depth the deduction for income under Section 199A
  • Understand reporting in From 8995 and Form 8995-A

HIGHLIGHTS

The major topics covered in this class include:

  • A deep-dive look at Section 199A, flow-through entity deduction
  • Calculation of qualified business income
  • Application to rental real estate "safe harbor" rule and aggregation rules
  • Self-rental rule for Section 199A compared to self-rental rule for passive activities
  • Differing impact on the sole proprietorship, partnerships and S corporations
  • Forms reporting in Form 8995 and Form 8995-A
  • Section 199A flowchart

COURSE LEVEL

Intermediate

PREREQUISITES

Basic working knowledge of business taxation.

ADVANCE PREPARATION

None

INSTRUCTOR

Steven Dilley

Steven C. Dilley, CPA, J.D., Ph.D.

Steven C. Dilley, CPA, J.D., Ph.D. is President of Federal Tax Workshops, Inc., East Lansing, Michigan, where for the past 36 years, his organization has prepared continuing professional education materials and presented seminars for accountants and attorneys throughout the United States. He is nationally known for his knowledge of the financial, accounting, and tax problems of the closely held business. He has published numerous articles on these topics. In addition, Steve is a Professor of Accounting at Michigan State University, East Lansing, where he teaches tax accounting and was nominated in 2004 for the "Educator of the Year Award." He obtained his Ph.D. in accounting, law degree and an undergraduate accounting degree from the University of Wisconsin-Madison. He is a member of the Michigan Association of CPAs, Wisconsin Bar Association, The American Accounting Association, AICPA, American Tax Association, and Hawaii Association of Public Accountants.

PRICING

$69.00 - Member

$89.00 - Nonmember

Pre-Registration Closed

Online pre-registration for this event is now closed.

ADDITIONAL OPTIONS

Print a registration form

COURSE DEVELOPER

CPA Crossings