Not Found
Live Webcast Replay

§199A Qualified Business Income Deduction - New Choices, Choices


Total Credits: 8 including 8 Taxes - Technical

Average Rating:
   4.8
Category:
ACPEN Industry Institute |  ACPEN Tax Institute |  IRS Approved |  Tax
Faculty:
Bradley Burnett, J.D., LL.M.
Course Levels:
Update
Duration:
8 Hours
Product Type:
Live Webcast Replay
License:
Access for 30 day(s) after program date.

Dates

Price


Description

When Treasury dropped final §199A regs on us, we were given certain choices about whether to stay with certain §199A positions reported on 2018 returns or file amended returns for 2018 to achieve better posture. What are those choices and are you better off taking advantage of them?

At long last, IRS dropped, for the first time ever, forms (Form 8995 and Form 8995, complete with Schedules A, B, C and D) and Instructions for the qualified business income deduction QBID. 2019 Forms 1065 (1120S and 1041) K-1s also take a wholly different approach than before.

What new info, opportunities and requirements) do these new forms and guidance throw at our feet? What does it mean for 2019 returns claiming QBID? Take our all-new, fresh look course and learn to command the topic.

 

**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.

Basic Course Information

Learning Objectives
  • Explain QBID with guiding light to individuals, S Corp shareholders, LLC members, partners, trustees and estate administrators
  • Effectively choose whether to better posture with amended returns
  • Develop strategies to maximize QBID 

Major Subjects
  • QBID fully illuminated
  • Is rental real estate a §199A business or not? The §162 court cases nail it
  • Who needs the Rev. Proc. 2019-38 real estate safe harbor anyway? Most don’t
  • How income, wages and property can maximize QBID
  • Optional aggregation (of businesses) to pump up QBI deduction
  • Aggregating—Best to do so at entity or individual level? Or both?
  • Definition of “specified service business” (SSTB)
  • How income highs and lows can cause you woes
  • Effective date(s) of amended return choices (choices, choices, choices)

Course Materials

Faculty

Bradley Burnett, J.D., LL.M. Related seminars and products: 20


Bradley Burnett practices tax law in Colorado. After undergraduate (Business Administration/Accounting) school and law (J.D.) school, he earned a Master of Laws in Taxation (LL.M.) from the University of Denver School of Law Graduate Tax Program. After stints at national and local accounting firms and a medium sized Denver law firm, he established his own law firm in 1990, He has delivered more than 3,300 presentations on tax law to CPAs, attorneys, EAs and others throughout all fifty U.S. states, Washington, D.C. and seven countries. Bradley served four years as adjunct professor at the University of Denver School of Law Graduate Tax Program, where he pioneered an employment tax course and occasionally pinch-hit in the IRS practice and procedure field. He authors and teaches tax materials for Commerce Clearing House (CCH), has received the Illinois Society of CPAs Instructor Excellence Award and five times has been the most requested, top-rated presenter at annual state CPA tax institutes. His seminar style is briskly paced delivery of practical insights with humor. 


Dates

Tue, Dec 08, 2020 - 07:00am to 03:06pm CST
Wed, Dec 23, 2020 - 08:00am to 04:06pm CST

Additional Info

Basic Course Information

Prerequisites None
Advanced Preparation None
Designed For All 
Original Recording Date 03/06/2020
Yellow Book No
Course Developer Bradley Burnett
Date Added to Catalog 02/20/2020

Additional Information

Complaint Resolution Policy

Please contact Anne Taylor for any complaints. anne.taylor@acpen.com, (972-377-8199). 


Official Registry Statement

Business Professionals' Network, Inc. is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org


Instructional Delivery Method

Group Internet Based


Course Registration Requirements

Online Registration


Refund/Cancellation Policy

Please contact the ACPEN help desk 1-877-602-9877 or help@acpen.com if you wish to cancel your attendance for a previously purchased webcast and are requesting a refund or transfer. 


Promo Video

Reviews

5
4
3
2
1

Overall:      4.8

Total Reviews: 19

Comments

Donald R - Franklin, Tennessee

" "

Ronald M

"n/a"

Please wait ...

Back to Top