Listen to the FGMK Webinar: IRC Sec. 199A Flow-Through Business Deduction Update – The Impact of the Newly Issued Proposed Regulations

FGMK recently hosted a webinar where our tax specialists offered their insight and guidance regarding the recently issued section 199A proposed tax regulations related to the 20% deduction available to flow-through entities.

This is a “must-attend” presentation for those taxpayers who operate their business or consulting practice as a sole practitioner, partnership, limited liability company, or S corporation. The goal of the webinar is to present the proper planning associated with this deduction as we head towards the end of the year and addresses the following issues:

• Clarification of the 199A computation
• Definition of a specified service trade or business
• Review of the business aggregation rules
• Discussion of the anti-abuse rules
• Review of those remaining issues that demand more clarification in the future
• Discussion on important revisions that may be needed for those with newly-minted 199A tax plans
• Updates on 199A current planning strategies, particularly in light of these proposed regulations
• Guidance regarding important steps that can be taken by those who have not yet filed their extended 2017 tax return