December 14, 2022

Webinar

2 CPE

Webinar (CPA Crossings): Section 199A Deduction: Rules & Forms Reporting

December 14, 2022
Webinar
2 CPE

Webinar (CPA Crossings): Section 199A Deduction: Rules & Forms Reporting

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    Instructor

    Steve
    Dilley

    View Bio

    Steve Dilley, CPA, JD, PhD

    Bio

    Steve is President of Federal Tax Workshops, which has prepared and presented CPE materials for accountants and attorneys throughout the country for over 40 years. He is also a retired professor of accounting at Michigan State University.

This program addresses the Section 199A deduction for flow-through entity income, including a review of the major provisions, forms reporting, and recent developments.

This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event.

Learning Objectives

After attending this presentation, you will be able to…

  • Apply the rules and forms reporting for deducting income from flow-through entities

Major Topics

The major topics that will be covered in this class include:

  • A deep-dive look at the Section 199A flow-through entities deduction
  • Calculation of qualified business income
  • Application to rental real estate – “safe harbor” rule and aggregation rules
  • Self-rental rule for 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
  • 199A flowchart

CPE Credits Available

2 CPE
2
Taxes

Things to Know About This Course

Course Level

  • Intermediate

Prerequisites

Basic working knowledge of individual and business taxation.

Advanced Preparation

This webinar is produced by CPA Crossings. You will receive your login link/instructions and Certificate of Attendance directly from this third-party vendor. It is important that you review your COCPA confirmation for details on receiving your login instructions and COA from said vendor.

Intended Audience

CPAs in public practice and industry seeking an update on the latest tax developments impacting the flow-through entities deduction.

Provider

CPA Crossings, LLC

This event has ended.