On January 18, from 12:00 to 2:00 pm Central, we will review the Act’s changes to pass-through business income and impacts to business entity planning with Robert Jamison, author of S Corporation Taxation, published by CCH Incorporated. We will walk through the new IRC section 199A deduction, addressing its application to various taxpayers. We will discuss what is known, as well as specific areas where ambiguity must be addressed through regulation. We will address the latest on the deduction for qualified cooperative dividends. Participants will receive a PDF version of a detailed outline with citations to the new law. Some questions will be addressed during the session, with others answered in more detail with a follow-up Q & A document.
Who should attend:
Please consult your state’s accrediting agency/board for its rules on admissibility of this course. It is the responsibility of the attendee to understand and comply with state licensing CPE/CLE requirements.
120 minutes of instruction
Curriculum/Field of Study: Taxation
Approved Continuing Education:
Robert W. Jamison, Jr., CPA, PhD, Professor Emeritus of Accounting, Indiana University, Kelley School of Business – Indianapolis, author of S Corporation Taxation, published by CCH Incorporated, is a nationally recognized expert on S corporation tax law. In addition to teaching tax law in accounting departments at three universities for 36 years, Dr. Jamison has been the lead author of the Business Entities chapter of the National Income Tax Workbook and its predecessor for more than 30 years. (The National Income Tax Workbook is the text used to teach the two-day Annual Income Tax Course in Wisconsin and 27 other states each year.) Dr. Jamison’s S Corporation Taxation, 2017 Edition, (1,864 pages) published by CCH Incorporated, Chicago, is the go-to book for practitioners who advise clients regarding taxation of S corporations, including formation, operation, termination, and compliance. In it they fi nd practical answers to their common as well as unusual S corporation tax questions. Every plain-language explanation of the rules includes citations to the authority for the explanation. This edition updates and expands the extensive detailed discussion from the previous nine editions of the book. Dr. Jamison is also a co-author of Multistate Tax Guide to Pass-Through Entities, 2017 Edition, Chicago, CCH Incorporated. Dr. Jamison brings his extensive knowledge of S corporation tax law to this course not only as the main speaker but also in the form of a 350-page outline that includes explanations of the law, examples to illustrate the application of the law, and citations to the law.
CALT does not provide legal advice. Any information provided on this website is not intended to be a substitute for legal services from a competent professional. CALT's work is supported by fee-based seminars and generous private gifts. Any opinions, findings, conclusions or recommendations expressed in the material contained on this website do not necessarily reflect the views of Iowa State University.