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Understand the Mechanics of Section 199A Deduction: Live Webinar by Eli Financial


This live webinar by Eli Financial will show how tax practitioners and small business owners can reduce tax burden through creative strategies around the QBI Deduction.

DURHAM, N.C. (PRWEB) August 09, 2018

Eli Financial, a division of audio conference and corporate education leader ProEdTech, will host the live webinar "Understand the Mechanics of Section 199A Deduction" with industry veteran Vicki L. Mulak on Thursday, August 16, 2018 at 1:00 PM ET.

The most complex and important provision of the Tax Cuts and Jobs Act 2017 is the new Qualified Business Income Deduction (QBID) called the Section 199A 20% deduction for pass-through entities – such as partnerships, LLCs, S-corporations, and some trusts and estates. The QBI deduction provides big tax breaks for many businesses, but there is uncertainty regarding interpretation and implementation, as the IRS may take some time before providing meaningful guidance. As a practitioner, one needs to know exactly how Section 199A works, so that their clients can take advantage of the awesome opportunities this provision offers.

This webinar by tax expert Vicki L. Mulak, EA, CFP® shows how tax practitioners and small business owners can reduce tax burden through creative strategies around the QBI deduction. Attendees will learn the terminology associated with the Section 199A deduction, and get specific instruction on how to calculate deductions in a range of scenarios – including how to calculate phase-outs for Specified Service Trades or Businesses (SSTBs) and non-SSTBs. Attendees will also learn how the deduction could impact entity choice planning, understand the gray areas of the regulation, and know how to take advantage of the tremendous opportunities the provision offers.

The session will provide insights to financial planners, tax preparers, small business owners, CPAs and other related finance and account professionals on:

  • The terminology associated with the deduction such as "reduction ratio", "applicable percentage", etc.
  • How the phase-outs are calculated for Specified Service Trades or Businesses (SSTBs) as well as non-SSTBs
  • How the Section 199A deduction could impact entity choice planning

For more information and to register, visit:

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About ProEdTech

ProEdTech is a leading source of knowledge and training for professionals in over 15 industries, serving individuals, businesses and their employees around the globe. It offers webinars, online conferences, seminars, boot camps, books, DVDs, white papers, industry reports and other learning tools from industry experts and insiders who provide a fresh perspective on key issues, trends and regulations in order to simplify governance, risk and compliance (GRC) for enterprises and industry professionals.

ProEdTech's Eli Financial platform offers tax and banking professionals, focusing on providing high-quality online training products customized for U.S. lenders and tax practitioners that include the latest updates from the IRS, CFPB and other regulatory authorities. ProEdTech's AudioEducator webinars offer updates, regulatory knowledge and information on the latest news in various medical specialties, as well as coding and billing updates, and analysis of regulations that affect ambulatory surgical centers, home health, long term care and hospice facilities, hospitals and healthcare systems, health insurers and physician practices. Webinars are also offered through AudioSolutionz in the technology, human resources, construction and housing, ICT and telecom, manufacturing, consumer packaged goods and retail, safety and security, transportation, energy and environment, education, trade, and chemicals industries. ProEdTech regularly provides professionals the opportunity to get answers to their most complex questions directly from experts, without having to attend costly live conferences. To learn more, visit:

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