This course has been updated for 2025 legislation (the “OBBB Act”). Join expert, Greg White, CPA, as he takes a comprehensive, deep dive into the ground rules of QBID. We’ll cover tax planning strategies to maximize the §199A 20% QBID.
Per the IRS Education Provider Standards this course must be COMPLETED by 12/31/2029 to receive credits. NOTE: Go to My Professional Profile in your CCH CPELink account settings to ensure your name, and PTIN number; matches your PTIN card
Publication Date: May 2026
Designed For
New and experienced CPA’s who practice in the tax area or who need a better understanding of the tax law for other areas of practice.
Topics Covered
- Which items of income and expense are excluded from the QBID?
- Planning for LLCs and their members
- How to maximize the QBID for LLCs
- How to avoid getting stung by guaranteed payments
- The two most important rules of §199A that we all need to be familiar with
- Tax planning for QBID "cliffs" — How to give optimal advice to your clients
- QBID planning for estates and trusts
Learning Objectives
- Identify methods to increase the QBID for LLCs and their members
- Identify methods to reduce tax on the sale of a business using the QBID
- Explain how the QBID in many instances makes the unincorporated businesses a better deal than S corporations
- Recognize how to apply the best method to advise clients who are in the "phase out" range
- Describe how the "qualified business loss" carryover rules operate
Level
Basic
Instructional Method
Self-Study
NASBA Field of Study
Taxes (2 hours)
Program Prerequisites
None
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.