20% Flow Through QBI Deduction Course Information
This class is designed with only 1 goal in mind: to fully explain the brand new 20% of qualified business income deduction. We discuss what types of income qualify for the deduction; what entities qualify (and don't qualify); and what phase out tests apply. We discuss and define "specified services", the W-2 threshold; the depreciable asset rules and then show you when they apply and how to calculate the effects of these phase outs. With over 25 examples, a free Excel calculator; worksheets and tables, this course will be your "go-to" to understand and apply this new deduction, just what you expect from all Taxspeaker courses.
Presenter: TaxSpeaker
Cost: $120/Members, $180/Non-members; Registration closes Tuesday, October 25, 2022 at 12:00 PM Eastern.
Zoom: Important Information- upon registration with VSTAP you will receive a confirmation email which includes a registration link to the Zoom webinar. You must also register in Zoom so that you will receive the unique Zoom link. VSTAP is unable to do this for you because of how Zoom works and for tracking purposes. The link to the materials is also provided in your confirmation email.
If you are not a VSTAP member, but want to get the member rate, you can join online. This event qualifies for use of VSTAP Education Bucks (member only).
Schedule
October 26 from 1:00 PM - 3:00 PM
Additional Information
This virtual course will be presented LIVE from TaxSpeaker's new, state of the art TV studio facilities, using interactive whiteboards and energetic and engaged speakers. All attendees receive electronic materials and Power Point slides.
This course is a nation-wide event offered by TaxSpeaker and not specifically for VSTAP. However, CPE credit will be issued by VSTAP, based on the attendance confirmation from TaxSpeaker. Attendees must log in on time, remain logged in for the full length of the webinar, and answer 75% of all polling questions to obtain full CPE credit. This only includes the electronic version of the materials.
Credit Hours: 2
Field of Study: Taxes
Program Level: Intermediate
Designed for: Accountants, Tax Professionals, CPAs, EAs, Finance Professionals, Attorneys
Prerequisites: None
Advanced Preparation: None
Instructional Method: Group Internet-Based
Approved by: NASBA & IRS
Course Objective:
Upon completion of this course, you will be able to properly report amounts on clients’ Form 1040 returns that appear on various 3rd party forms, properly prepare Form 1040 and its various schedules; properly file the above forms with Form 1040 when required; Determine if clients qualify to take various credits on their 1040 returns to reduce taxable income; Properly deduct disaster losses on Form 1040; Provide clients with methods of saving for their children’s college education and determine if they qualify for various education credits and deductions to reduce taxable income; Prepare to handle IRS audits of your clients; Comply with the requirements imposed by the Circular 230 regulations; Advise clients who are members of the military on special taxation rules.
Attendee Requirements: Earn Live CPE credit. You must have a high speed internet connection, speakers connected to your computer, headphones or call in for audio and a monitor. If you have more than 1 person PAID FOR and REGISTERED for the streaming webinar and all would like to watch from the same computer, please complete the Proctor Form and return to us AFTER completion of the webinar in order to receive CPE credit.
Each person watching this webinar must be REGISTERED AND PAID regardless if CPE is needed or not.
Refunds and Cancellations
Attendance Cancellation Policy
Attendee cancellations and requests for refunds MUST be done at least 72 business hours prior to the start of the event in writing by e-mail or mail. Postmarks for mail must be before the cancellation date. Phone calls and phone messages will not qualify as notice of cancellation.
This seminar has been approved by:
