Section 199A QBID Cutting Edge Tax Strategies Part 1: Planning Insights WEBCAST

Monday, June 28 9:30am - 11:30am PDT

Add to Calendar

Your Desk

2.0 Credits

Member Price $79.00

Non-Member Price $94.00

Overview

We’ll take a comprehensive, deep dive into the ground rules of QBID. We’ll cover tax planning strategies to maximize the Schedule 199A 20% QBID.

Highlights

Which items of income and expense are excluded from the QBID? Planning for LLCs and their members. How to maximize the QBID for LLCs. How to avoid getting stung by guaranteed payments. The two most important rules of Schedule 199A that we all need to be familiar with. How to minimize taxes on the sale of a business by utilizing the QBID. Tax planning for QBID “cliffs” - how to give optimal advice to your clients. How carryovers (passive, basis limitation, etc.) have a special treatment under Schedule 199A. QBID planning for estates and trusts. Hot off the presses: New Tax Forms for the QBID. Penalty changes for clients who take the QBID - how should you reduce the possibility of client penalties and preparer penalties?

Prerequisites

None.

Designed For

New and experienced CPA’s who practice in the tax area or who need a better understanding of the tax law for other areas of practice.

Objectives

Identify methods to increase the QBID for LLCs and their members. Identify methods to reduce tax on the sale of a business using the QBID. Reduce the risk of penalties (both for clients and preparers). Apply the best method to advise clients who are in the “phase out” range.

Preparation

None.

Notice

None.

Leader(s):

Leaders

George Koutelieris

4.90 stars out of 5 - speaker rating for 2019 for George Koutelieris and Gregory White

“These 2 rock. [They are] prepared and knowledgeable.”
“George & Greg always do a great job! They are always super helpful.” - past attendees

George Koutelieris, CPA, is a shareholder with the firm Johnson & Shute P.S. He subsequently received his Master’s in Taxation from Golden Gate University graduating with Highest Honors in 2010 and being awarded the Outstanding Graduate Tax Student Award for the Seattle campus of Golden Gate. He is currently an Adjunct Professor at Golden Gate University teaching various tax courses. George’s practice includes planning and consulting on complex transactions including formations, liquidations, mergers and acquisitions, purchase and sales, multi-state and international tax for closely held businesses and their owners. In addition, George provides compliance and representation services before the IRS and various state taxing agencies for clients. George is also an active speaker on various tax topics, having presented in the past for Golden Gate University, the Washington Society of Certified Public Accountants, and the Oregon Society of Certified Public Accountants. George Koutelieris and Greg White are available to teach in-house courses in tandem for company CPE needs.

Return to Top

Non-Member Price $94.00

Member Price $79.00