Course Description: Congress has passed the largest and most comprehensive tax reform legislation in the past 30 years. Businesses and individuals alike are trying to figure out the tax implications and what this means for them in their current situation and moving forward.
Many are asking for the basics:
- What's included in tax reform?
- What can I do now to save money?
- What deductions are available?
- What strategies do I need to consider?
- What am I not considering, that I should be?
Tax Reform and Section 199A: Understanding the 20% Pass-Through Deduction
The new Code Section 199A creates a 20% deduction on Qualified Business Income. This session will address the mechanics of the deduction including: the types of income that qualify, the income, wage base and capital base limitation as well as strategies to optimize the use of this deduction.
Presenter: Jim Jarding, CPA, Partner
of Eide Bailly LLP
Tax Reform Seminar Series
7:45 – 8:15 am – Registration
8:15 – 9:15 am – Seminar
Until recently, many businesses weren’t overly concerned about sales tax. They knew they needed to collect and remit in the state in which they resided, but beyond that, their compliance burden was limited.
Are you a business taxpayer with annual gross receipts of $25 Million or less? If so, you may be eligible to take advantage of new Small Taxpayer Safe Harbors that could generate significant tax savings and simplify your tax returns in future years!
State and local sales tax compliance is always evolving, making it important to stay up-to-date on changes affecting your tax liability and responsibilities. This session will cover what you need to know regarding the recently enacted state and…