The Section 199A 20% small business deduction has been one of the largest opportunities in the Tax Cuts and Jobs Act. To best help your clients, you need to understand the basics of this tax-incentive and to help your clients plan to capture it.
Specifically, this course will cover the following topics:
- Why 199A is important for lawyers to understand
- Estate administration and 199A
- How you can and can’t use trusts to increase the 199A
- Specified Service Trade or Business
- Understanding and using the aggregation rules, including when not to
- Planning for the 1014(a) basis
- New choice of entity
- Reducing taxable income to maximize the deduction
Program Knowledge Level: Intermediate
Delivery Method: Group Internet-Based
Recommended CPE Credit: 1.0 credit
Field of Study: Taxation
Prerequisites: JD
Advance Preparation: None
Review Date: 2/07/2019
1.0 CLE (California Board of Legal Specialization - Estate Planning)
1.0 CFP credit pending (National CFP Board)
For information on refunds, concerns, and program cancellation policies, please contact our offices at 888-659-4069, ext 823 or education@wealthcounsel.com.
WealthCounsel LLC is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.
This webinar is included for Trusts & Estates and Practice Development Subscribers and provided live complimentary for Business Law Subscribers
Regular Price: $139 | Trusts & Estates Price: $0 | Gun Law Price: $139 | Business Law Price: $0 (Recording not included) | Practice Development Price: $0