Tax Advisers Update (Simulcast)

Code: WMPTU3

Date Friday, January 10, 2020
Time 8:30am - 4:30pm
Central Time
Location Online
CPE credits CPE 8.0
Specialty
credits
8.0 CFP
6.5 CLE
8.0 IRS CE approved
Field(s)
of study
Taxes - Technical (8.0)
Instructors Daniel Greenhagen, JD
CliftonLarsonAllen LLP
Mary Marino, CPA, CGMA
CliftonLarsonAllen LLP
Fees
Standard member fee $325.00
checkmarkStandard nonmember fee $375.00

Members: Please log in to receive member fee.

Description

Now that you've experienced a solid year (and a tax season) adjusting to tax reform changes, it's time to get your bearings and really polish your tax strategies. And this in-depth program gives you the updates and insights you need to do it well. Explore critical federal tax developments affecting both individuals and businesses as you learn about practical new planning opportunities and better defensive tactics. Come away with a robust reference manual full of examples, practice aids and tax tables that will save you time during tax season and beyond.

This program is also available as an in-person seminar.

Who should take this program?

CPAs and tax professionals in public practice and industry

Major subjects

  • Final Tax Cuts and Jobs Act (TCJA) Section 199A regulations and other guidance for the qualified business income (QBI) deduction
  • How the suspended excess business losses affect the carryover year
  • How to apply the suspended business interest expense and compute excess taxable income in the carryover year
  • How to identify specified service trade or business (SSTB) activities vs. non-SSTB activities, and the resulting impact on QBI
  • Other important updates, planning strategies and uncertainties related to tax reform
  • Key federal tax developments, IRS pronouncements, treasury regulations and court cases of the past year
  • Practical planning tips and illustrations from a practitioner's viewpoint
  • New IRS campaigns for identifying examination issues
  • Important estate and gift, tax exempt, payroll tax and other federal developments

Learning objective(s)

  • Evaluate debt for determining interest expense deductibility
  • Identifying SSTB vs. non-SSTB activities and the effect on qualified business income
  • Explain entity structure to take advantage of the Tax Cuts and Jobs Act
  • Evaluate the continuing uncertain provisions of tax reform

Notes:

Course code Code WMPTU3
Sponsor Minnesota Society of CPAs
NASBA ID#: 139884
Level Update
Format Group Internet Based
Prerequisites Prereq. None
Advance
prep
None