2018 TCJA and Section 199A Hot Tax Topics
The Tax Cuts and Jobs Act implemented the most sweeping changes to the tax code in decades. These courses will discuss the implications of TCJA as well as review the proposed regulations on Section 199A.
International tax issues were the driving force behind the Tax Cuts and Jobs Act of 2017. As with all tax legislation, the international provisions create winners, losers, and traps for the unwary. This two-hour CPE course with Robert Misey and Benjamin Genzer will help you to assist your clients that have activities crossing international borders. Now is the time to get up to speed on these critical changes and prepare your business or clients for 2018.
This self-study CPE Course provides you with an overview of the rules for claiming personal tax credit and highlights planning tips to help you in your practice. The focus of this course is on tax credits for individuals. Credits are more valuable than deductions because they reduce tax liability on a dollar-for-dollar basis. This course will provide an overview of the array of individual credits and the limitations that apply for each of these credits. It will also review the due diligence requirements for paid preparers.
Get up to speed on the Tax Cuts and Jobs Act to answer your Client questions. In part one of this series, renowned tax expert and tax educator, John J. Connors, JD, CPA, LLM, will cover all the bases, including an in-depth analysis of the complex maze of new rules dealing with the provisions of TCJA.
In part two, John Connors will further discuss the impact of the Tax Cuts and Jobs Act with topics including: Tax Rate Schedules, individual deductions, tax breaks, and other mandates. Client case studies will reinforce the tax implications of TCJA. The discussion will include the Qualified Business Income Deduction under Sec. 199A
Effective for the 2018 tax year Section 199A allows a 20% deduction for “qualified business income.” This deduction applies to any business income earned outside a C corporation, so it will affect schedule C filers, and income earned in a partnership or an S corporation.
IRS Guidance Clarifies Section 199A Qualified Business Income Deduction
The Qualified Business Income Deduction under the Tax Cuts and Jobs Act
Total: 7 courses (20 CPE hours)