Understanding New Section 199A – A Case Study Approach

 

Understanding and planning with the new Section 199A 20% pass-through business deduction is one of the largest opportunities in the Tax Cuts and Jobs Act. This webinar will explore the mathematics of the deduction with an iterative case-study approach.    The cases based upon actual client situations will address:

 

 

• Using pension and profit sharing plans to reduce income to the threshold limitation for a dental client
• Using S-Corps to meet the wage test for an engineering firm
• Spinning out practice real estate for a law firm client
• Spinning out non-service business interests to a separate C-Corp or LLC for a medical practice
• Application of the W-2 Wage limitation for various entities
• Application of the Qualified Property limitation and how to avoid the threshold test(s)
• Understanding the Service Business limitation and how to reduce income
• Understanding when to do cost segregation studies and when not to do cost segregation studies
• Planning to reduce taxable income to increase the 199A deduction
• Planning on an entity-by-entity basis and recapitalization and entity mergers using a 50+ LLC real estate investor
• Reducing debt on an entity-by entity basis for a 50+ LLC real estate investor
• Using nongrantor incomplete gift trusts to shift income and receive a step-up at death for a 90 year old real estate client
• The relationship between debt and QBI and how to enhance the 199A
• Accelerating expensing and cost segregation versus the 199A deduction for a real estate client
• Creating nongrantor completed gift trusts to avoid the 50% W-2 Wage and 2.5% Qualified Property tests for a real estate investor
• Creating nongrantor incomplete gift trusts to avoid the 50% W-2 Wage and 2.5% Qualified Property tests for a real estate investor

There will be no CE for this webinar


For those who have a conflict with the date/time, The session will be recorded. Simply register and you will have unlimited access to the recording.

Although they are scheduled for a particular time and date - once purchased - they can be viewed at ANY TIME!.