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

Posted on : January 15, 2018 | 11:29 am

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.

The contents of this webinar are intended for educational purposes only.  Although there will be a general discussion of tax law and its application, your individual facts and situations may vary from those discussed.  As such, the contents of the webinar should not be considered as tax or any other advice, and we strongly encourage you to contact your tax advisor with respect to your specific facts.