California Lawyers Association

January 24, 2019
12:00 PM - 1:00 PM (Pacific)

 

Description: 

The Tax Cuts and Jobs Act is having a significant impact on owners of small businesses, including many solo practitioner attorneys and law firms.  This webinar will highlight the new IRC Section 199A (20% Deduction) and its effect on small businesses, as well as its impact on post-2018 alimony payments and support orders.
Key issues to be discussed:

• Types of business entities that may qualify for the 199A Deduction
• Illustrations of how the 199A Deduction is calculated
• Planning considerations for a Specified Service Trade or Business (e.g., attorneys and law firms)
• Examples of strategies business owners may use for maximizing the 199A Deduction
• Understanding TCJA’s effect on C Corporations
• Impact of the 199A Deduction on post-2018 alimony payments and support orders

 

 

https://cla.inreachce.com/Details/Information/05898d63-2726-4e74-b2e0-7f41d373c5c5