In an early version of HR 1, it was proposed to drop the rate for a PSC to 25%. The final bill treats all corps the same, a flat 21%.
Hi John. LOVED your seminar in NYC last night. One question about the QBI deduction. I have seen from other sources that the deduction is the lesser of 50% wages, 25% wages plus 2.5% assets, or 20% QBI, but you said yesterday 20% taxable income minus LTCG. Could you please confirm that you are right?
It's also the lower of 20% of taxable income.
If you look through the other slides we did not cover, QBI is adjusted by a number if things: LTCG, gains and losses on asset sales... Guy
Friday the 26th for NJSEA
Hi Shirley -
I have not posted it yet. I hope to buy the end of the weekend. I can't offer CE for the reply (I need to switch vendors, I think).
Hi Tom -- first will be an a webinar on the changes for entity taxation, which is what seems to be buging everyone.
Hopefully next week
The program is not currently registered, but we would be happy to submit it today of you register today. It will cost $125 to register (since we are within 60 days of the event). I don't know why I did not think to submit it previously.
from the OH Supreme Court:
Deadline and Fees for Courses Held in Ohio
If your program will take place in Ohio, you must submit your application, including required attachments and fees, at least sixty days in advance of the program. The application fee for timely submissions is $25. An additional late fee of $100 is assessed if the application is submitted less than sixty days prior to the program.
This is not a full question.
If you are missing a CE certificate, and it was our event (And not just John Sheeley speaking), then call the office at 800-943-1750 Monday - Friday 9 am - 2 pm eastern time, or email firstname.lastname@example.org. If you email include your full name and the classes you attended. Please allow 2 business days for someone to research your attendance and e-mail our a certificate.
No, but we have a NASBA number pending, which would alleviate that problem. I am told it will come 'any day' but so far we are not in the Learningmarkets Registry. Its not helpful to you, but of course we have IRS approval and 9 states have us approved for attorney legal education.....
There is nothing on the schedule right now. We had an advanced class in Denver in July. It would be nice to do something in Michigan as the law develops this year.