We’ll take a comprehensive, deep dive into planning strategies for the §199A 20% QBID.
Who Should Attend
Tax professionals looking to gain insight into planning strategies for the section 199A deduction.
Topics Covered
- Planning to maximize QBID for LLCs and their members
- How to maximize the QBID for S corporations
- How to minimize taxes on the sale of a business by utilizing the QBID
- Tax planning for QBID “cliffs” – how to give optimal advice to your clients
- QBID planning for estates and trusts
Learning Objectives
- Identify basic calculation of the qualifying income business deduction
- Recognize and apply the safe harbor for rental real estate
Level
Intermediate
Instructional Method
Group: Internet-based
NASBA Field of Study
Taxes (2 hours)
Program Prerequisites
Experience in preparing tax returns.
Advance Preparation
None
Instructor
Greg White
Greg White, CPA, taught for 14 years as an adjunct professor for Golden Gate University. He’s admitted to practice before the United States Tax Court. He is a founder and shareholder, in WGN PS in Seattle, WA. He has been named a Top 50 IRS Representation Practitioner in the U.S. by CPA Magazine and has taught for a number of professional organizations. Greg enjoys the technical side of tax, but also likes to have fun in class.