Listen to The IRC Sec. 199A Flow-Through Business Deduction Webinar

The IRC Sec. 199A Flow-Through Business Deduction:

Who Will Qualify and How Will It Work?

FGMK recently hosted a live webinar where our tax thought leaders offered their insight and guidance regarding the new 20% deduction now available to the non-wage portion of flow-through entities through IRC Sec. 199A. This is a “must see” presentation for those taxpayers who operate their business or consulting practice as a sole practitioner, partnership, limited liability company or S corporation. This presentation will also contain valuable information for tax practitioners who provide guidance to these flow-through businesses. The webinar will address the following topics:

• Who qualifies for this deduction?
• How is this deduction calculated?
• How does this deduction get phased out?
• Are there planning strategies available to maximize this deduction?
• What will be the new compliance responsibilities required to protect this deduction?
• In lieu of this deduction, should taxpayers consider a conversion to a C corporation in pursuit of the new 21% C corporation tax rate?

The goal of the webinar is to clarify this important but sophisticated provision and to inform both taxpayers and their advisors about how they can utilize it.