Avatar Avatar

Creative Planning Under Section 199A- Important Techniques to Help Maximize the Deduction



Watch Now!
Recording and Slides are Available Here


Alan S. Gassman, Christopher Denicolo and Brandon Ketron will discuss estate planning opportunities and traps for the unwary brought about by the Final Regulations under Internal Revenue Code Section 199A. This presentation will highlight the numerous pitfalls and potential opportunities that exist in order to optimize the qualified business income deduction under Section 199A established by the Tax Cuts and Jobs Act of 2017. The presentation will cover the basic rules that are fundamental to all Section 199A and related planning, including all applicable and necessary definitions. Further, the presentation will cover changes effectuated by the Final Regulations as well as planning opportunities through the use of trusts and other entities. The program additionally will cover the planning considerations that apply to medical and other professional practices, which are treated differently under this deduction. Tax professionals and advisors will not want to miss this presentation, as it will be extremely helpful in educating their clients on the potential benefits of the Section 199A deduction.

In a 90-minute webinar, Alan, Christopher and Brandon will address the following specific items and related issues:

  • Understanding the mechanical and definitional rules that apply to virtually all Section 199A and related planning, including the Qualified Property and Wage definitions, what it takes to be an active trade or business, and the dreaded “Specified Service Trade or Business” classification.

  • The changes made to the Section 199A law through the Final Regulations that were released in February, 2019, including the complicated attribution and aggregation rules.

  • The use of trusts to save income taxes under Section 199A tax provisions, and how to navigate the minefield presented by the anti-abuse rules.

  • Planning for Specified Services Trades or Businesses in order to maximize the impact of the deduction where Section 199A and its applicable regulations do not make such opportunities readily available.

  • Unique and nuanced rules associated with real estate activities
  • A myriad of other issues, such as entity selection under Section 199A, classification of employees or independent contractors, and strategies to reduce taxable income in order to qualify for the Section 199A deduction.




There will be no CE for this webinar


For those who have a conflict with the date/time, The session will be recorded. Simply register and you will have unlimited access to the recording.

Although they are scheduled for a particular time and date - once purchased - they can be viewed at ANY TIME!.

If you are not a LISI member please use the Buy Now Button below to pay the non-member price of $149.

Registrant Email:
 border=

After you pay you will be sent a link with the registration information. If you have any questions, please contact webinaradmin@leimbergservices.com

NOTE: To pay using a credit card, use the botton labeled
"Pay with Debit or Credit Card" after clicking the Buy Now button below.

If you are a LISI member, please login below to receive the member price of $129 for this webinar.

Forgot Password?

To become a LISI member Click Here

Alan S. Gassman, J.D., LL.M., is a partner in the law firm of Gassman, Crotty & Denicolo, P.A., and practices in Clearwater, Florida. He is a frequent contributor to LISI, and has published numerous articles and books in publications such as BNA Tax & Accounting, Estate Planning, Trusts and Estates, Interactive Legal and Haddon Hall Publishing. The Alan Gassman Channel at Interactive Legal has recently opened, and features many books and resources, including many Florida and Federal based materials, forms and resources. He is also the Moderator for Bloomberg BNA's 2017 Estate Planning Webinar Series. On February 24th Alan and his partners Christopher Denicolo and Ken Crotty will present a Bloomberg BNA Webinar at 12:30 EST on Innovative Trust Planning for Uncertain Times.

Christopher Denicolo, J.D., LL.M., is a partner at the Clearwater, Florida law firm of Gassman, Crotty & Denicolo P.A., where he practices in the areas of estate tax and trust planning, taxation, physician representation, and corporate and business law. He has co-authored several handbooks that have been featured in Bloomberg BNA Tax & Accounting, Steve Leimberg's Estate Planning and Asset Protection Planning Newsletters and the Florida Bar Journal. is also the author of the Federal Income Taxation of the Business Entity Chapter of the Florida Bar's Florida Small Business Practice, Seventh Edition Mr. Denicolo received his B.A. and B.S. degrees from Florida State University, his J.D. from Stetson University College of Law and his LL.M. (Estate Planning) from the University of Miami.



Avatar

Bob Keebler

August 21, 2019 3:00 PM EDT - 4:30 PM EDT ET

How To Accurately Prepare the 709 Gift Tax Return
A Special Re-Broadcast

More Info
Avatar

Bob Keebler

August 22, 2019 1:00 PM EDT - 2:30 PM ET

Income and Estate Planning Techniques That Work Well in a Volatile Market & Low Interest Rate Environment

More Info
Avatar Avatar Avatar

Alan Gassman, Brandon Ketron and John Beck

August 22, 2019 3:00 PM EDT - 4:30 PM EDT ET

Planning for Medicare and Employment Taxes - Paying Both, One, or Neither: Little Known Planning Techniques and Traps for the Unwary.

More Info
Avatar Avatar

Alan Gassman,Christopher J. Denicolo,

August 23, 2019 3:00 PM EDT - 4:30 PM EDT ET

Why Our Trusts Are Different than All Other Trusts

More Info
Avatar Avatar Avatar

Howard Zaritsky, Marty Shenkman, Sandy Glazier

August 23, 2019 1:00 PM EDT - 2:30 PM

Defensive Practices Because Nothing Is Safe: How Practitioners in All Fields Can Be Safer and Reduce Malpractice Risks

More Info
Avatar

Steve Gorin

August 29, 2019 3:00 PM EDT - 4:30 PM

Steve Gorinís "Business Structuring Series" : Class #2: Qualified Business Stock Compared to Other Exit Strategies

More Info
Avatar Avatar Avatar

Alan Gassman, Brandon Ketron and John Beck

August 30, 2019 3:00 PM EDT - 4:30 PM EDT

Understanding the Section 469 Passive Loss Rules: Traps For The Unwary & Important Related Planning Concepts Advisors Must Know About

More Info
Avatar

Paul Hood

September 05, 2019 3:00 PM EDT 4:30 PM

Out of the Hood: Analysis with an Attitude

More Info
Avatar

Steve Oshins

September 6, 2019 3:00 PM EDT - 4:30 PM ET

The Inheritorís Trust: The State Income Tax Savings Angle in a Kaestner and $10,000 SALT Deduction World

More Info
Avatar

Steve Gorin

September 27, 2019 3:00 PM EDT - 4:30 PM ET

Steve Gorinís "Business Structuring Series" : Class #3: Transitioning Businesses to Key Employees (Including Children)

More Info
Avatar

Steve Gorin

October 31, 2019 3:00 PM EDT - 4:30 PM ET

Steve Gorinís "Business Structuring Series" : Class #4: Basis Step-Up Strategies for Equipment and Real Estate

More Info
Avatar

Steve Gorin

December 5, 2019 3:00 PM EDT - 4:30 PM ET

Steve Gorinís "Business Structuring Series" : Class #5: Tricks and Traps for Trusts Holding Pass-Through Entities

More Info
Avatar

Steve Gorin

January 9, 2020 3:00 PM EDT - 4:30 PM ET

Steve Gorinís "Business Structuring Series" : Class #6: Planning for a Trust Selling an Interest in a Pass-Through Entity

More Info
Avatar

Steve Gorin

February 7, 2020 3:00 PM EDT - 4:30 PM ET

Steve Gorinís "Business Structuring Series" : Class #7: Life Insurance in Buy-Sell Agreements

More Info