Description

The Qualified Business Income (QBI) deduction under IRC Section 199A has been one of the most valuable provisions for small business owners, pass-through entities, and their advisors. With the One Big Beautiful Bill (OBBB) updates, practitioners need a fresh and practical understanding of how these changes impact eligibility, calculations, and planning strategies.

This session provides a comprehensive refresher on Section 199A, highlighting the latest updates, practical applications, and compliance requirements under OBBB. Whether you are advising individuals, partnerships, S-corporations, or trusts, this program will help you navigate complexities with confidence.

Key Session Highlights

• Refresher on the fundamentals of IRC 199A Qualified Business Income (QBI) Deduction
• OBBB-related updates affecting QBI eligibility and computation
• Treatment of Specified Service Trades or Businesses (SSTBs) under the revised framework
• Impact of wage and qualified property limitations after OBBB
• Planning strategies to maximize the deduction for clients
• Common pitfalls, IRS guidance, and compliance reminders

Why You Should Attend

• Stay ahead of the curve with the latest OBBB-driven changes to Section 199A
• Gain clarity on complex deduction limitations that often confuse practitioners
• Receive actionable planning tips to better serve your clients
• Refresh your knowledge with practical illustrations and case scenarios
• Ensure you are compliant with IRS expectations while identifying opportunities for tax savings

Don’t miss this opportunity to get a clear, updated perspective on IRC 199A under OBBB and sharpen your tax planning strategies.

Who Should Attend

• CPAs, EAs, and Tax Preparers
• Financial Planners and Advisors
• Attorneys focusing on tax and business law
• Professionals working with partnerships, S-corps, and small business owners
• Anyone seeking a refresher on Section 199A under the new OBBB rules