Internal Revenue Code Schedule 199A (introduced by the Tax Cuts and Jobs Act of 2017) significantly changes the rules regarding pass-through entities. Many practitioners do not feel comfortable with their understanding of these changes. Werner-Rocca Seminars, Ltd., has created a two-part program to assist the practitioner in their understanding of this Internal Revenue Code section. This course (Part 1 of the two-part program) teaches the practitioner how to compute the new tax on pass-through entities. Please Note: If you need credit reported to the IRS for this IRS approved program, please download the IRS CE request form on the Course Materials Tab and submit to firstname.lastname@example.org.
Definition of a Pass-Through Entity, The “20% Deduction” Computation, Eligible (Qualified) Business Income Limitation, Taxable Income Limitation, Excess Income Limitation, Specified Service Trade or Business (“SSTB”), Various Examples
To teach the practitioner how to compute the new tax on pass-through entities
Art Werner is currently a shareholder in and is the President of the lecture firm Werner - Rocca Seminars, Ltd. Mr. Werner’s areas of expertise include business, tax, financial, and estate planning for high net worth individuals.
In addition, Mr. Werner is an adjunct professor of taxation in the Master of Science in Taxation program at the Philadelphia University located in Philadelphia, Pennsylvania.
Mr. Werner received his B.S. in Accounting and his M.S. in Taxation from Widener University. He holds a J.D. in Law from the Delaware Law School.
Mr. Werner lectures extensively in the areas of Estate Planning, Financial Planning, and Estate and Gift Taxation to Certified Public Accountants, Enrolled Agents, Insurance Agents, and Financial Planners, and has presented well in excess of 2,000 eight-hour seminars over the past 20 years. Over the past 20 years, Mr. Werner was rated as having the highest speaker knowledge in his home state of Pennsylvania by the Pennsylvania Institute of Certified Public Accountants, was awarded the AICPA Outstanding Discussion Leader Award in the State of Nevada, the Florida Institute of CPAs Outstanding Discussion Leader Award, and the South Carolina Association of CPAs Outstanding Discussion Leader Award.
Non-Member Price $109.00
Member Price $79.00