Business Tax Update and Planning Strategies (BUSU)

Michael J. Tucker, CPA, LL.M.
  • 3
  • Update
  • Taxes
On-site : December 11
Webinar : December 11, December 19
Broadcast Times

Individual course: $89
Volume Discounts:Click here for details.

Overview

The Tax Cuts and Jobs Act changed the planning landscape for businesses. The new law’s business-related changes included modifications to depreciation, business interest, the deduction of losses and the Section 199A deduction.  This program covers new business tax developments for 2019 and strategic tax planning strategies for business taxpayers to consider adopting for 2019 and beyond. 

Major Topics:

  • New tax law changes and IRS pronouncements relating to businesses
  • When claiming 100% bonus depreciation and maximizing the Section 179 deduction is a good option for business owners
  • Maximizing the benefit of the Section 199A deduction
  • Electing out of the Section 163(j) interest limitation
  • Limits on commuting expenditures, meals and entertainment
  • How the $250,000/$500,000 loss limitation works and what happens to the excess losses
  • Dealing with qualified improvement property
  • Investing in Qualified Opportunity Funds

Learning Objectives

  • Advise clients regarding business tax planning changes taking place in 2019
  • Understand business tax planning strategies resulting from Tax Cuts and Jobs Act tax changes

Tax practitioners who anticipate advising business clients regarding tax changes and tax planning strategies

A basic understanding of the tax rules impacting pass-throughs and individuals  

None

Yes

Yes

Varies by state. Click here for details