The New Passthrough Deduction Under Code § 199A

(122 Ratings)

Produced on: April 20, 2018

Course Format On Demand Audio

Taught by

Categories:

Course Description

Time 63 minutes
Difficulty Intermediate

As part of the recent tax act, Congress enacted new Section 199A, which provides a 20% deduction for the qualified business income that a taxpayer receives from sole proprietorships, partnerships, and S corporations. The statute has complicated rules relating to what qualifies as qualified business income and what types of businesses are eligible for the deduction.

This program, presented by Roberts & Holland attorneys Vivek Chandrasekhar and Aaron Gaynor, walks through these new rules, considers potential structures to maximize the benefits of the statute, and describes areas where additional guidance is needed.


Learning Objectives:

  1. Gain a comprehensive overview of the new deduction on qualified business income
  2. Explore potential structures to maximize the benefits of the new tax statute
  3. Review examples explaining how the deduction will be applied

Faculty

Vivek Chandrasekhar

Roberts and Holland LLP

VIVEK A. CHANDRASEKHAR received his B.A. with highest honors from Indiana University in 2006, and his J.D. magna cum laude from New York University in 2011, where he received the Order of the Coif and was a Managing Editor of the Law Review. From 2012-2013, he was a law clerk to the Honorable Rosemary S. Pooler, United States Court of Appeals for the Second Circuit.

Aaron S. Gaynor

Roberts and Holland LLP

Aaron S. Gaynor joined the firm in 2013. He received his LL.M. in Taxation from NYU School of Law (2013); J.D. from Benjamin N. Cardozo School of Law (2012); and B.A., cum laude, in Economics from Brandeis University (2007). Aaron was articles editor of the Cardozo Arts & Entertainment Law Journal.

Reviews

TL
Thomas L.

Excellent review of a complex new provision in the tax code. This session is well worth viewing for anyone who has clients affected by Sec. 199A.

TD
Tara D.

Thanks

CM
Christopher M.

outstanding

JM
John M.

Excellent coverage of difficult topic

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