COR1938. Section 199A - What is a Trade or Business

Track: 
Tax - Real Estate
Field of Study: 
Taxes
CPE Credit: 
1.5
Knowledge Level: 
Intermediate
Advanced Preparation: 
None
Prerequisite: 
Attendees should have a basic understanding of A&A, Tax and Industry Issues

Friday, December 6, 2019
 
10:25am-11:40am

Section 199A creates a new deduction for up to 20% for Qualifying Business Income (QBI) from qualifying trades or businesses. This session will explore what constitutes a trade or business including discussion about Specified Trade or Businesses (SSTBs) and the relevant factors that indicate separate trades or business.
Learning Objectives:

  • Learning Objectives:How to determine what a trade or business is for purposes of 199A
  • What are the relevant factors that assist in determination of what is a trade or business for 199A


SESSION SPEAKER(S)

CPA
Managing Director | Deloitte Tax LLP
CPA
Partner | Frazier & Deeter