How Can You Maximize the Qualified Business Income Deduction for LLCs?
Join experienced tax practitioner Greg White, CPA, for this two-hour CPE webinar providing a broad overview of self-employment tax application to LLC members, including up-to-the-minute changes in this fast-changing area.
Greg will also cover how the Tax Cuts and Jobs Act affects decision-making in gray areas, and when LLC’s provide a better tax result for owners. You will learn how LLC’s can be used to increase the qualifying business income deduction (20% passthrough deduction). And we’ll cover how LLC’s should consider changing the guaranteed payment structure to increase the new 20% passthrough deduction. Greg will also explain the benefits of paying SE tax (an often-overlooked element of planning).
Who Should AttendCPAs, EAs, and those with experience in income tax issues for passthrough entities including preparation of Forms 1065 for LLCs
Instructional MethodGroup: Internet-based
NASBA Field of Study
Taxes (2 hours)
Program PrerequisitesExperience in preparing Forms 1065 for LLCs.