The Nitti Gritty on Section 199A Final Regulations (343)

General Description:

This course will review the final regulations governing new Section 199A, the 20% deduction against qualified business income for certain pass-through business owners. To attend for free (not for credit), see The Nitti Gritty.

Learning Objectives:

After completing this course the participant will be able to:

• Identify the motivation behind adding Section 199A to the new law.
• Summarize the steps necessary to ensure compliance with the statute.
• List the income thresholds that determine the varying degrees of complexity in dealing with the statute.
• Describe the specified service businesses that are generally barred from generating qualified business income.
• Identify planning opportunities, including when not to aggregate, managing taxable income, and maximizing UBIA.

Instructors:

Anthony J. Nitti, CPA, is a partner in RubinBrown's Tax Services Group. Tony is one of the premier continuing education instructors in the country and a well-known contributor of tax content to Forbes. He has 20 years of accounting and tax experience, including working in the tax departments of Arthur Andersen LLP, Price Waterhouse LLP, and, most recently, Withum. He focuses primarily on corporate and partnership tax planning, with a special focus on the consolidated return regulations and the reorganization provisions, including the structuring of acquisitions, mergers, reorganizations, spin-offs and other restructuring transactions. He earned a bachelor's degree in accounting from The College of New Jersey and a Master of Taxation degree from the University of Denver Graduate Tax Program. Follow Tony on Twitter @nittiaj.

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