UPDATE for 2019 Tax Season (5PM – 9PM) 4 Bring the attendee up to current with the new TCJA action for 2018 – 2025.
Seven New schedules for 2018-2025 (5PM – 7PM) 2 There is a new short 1040 but there are 7 new schedules that expand that 1040, lets review them and their contents.
S Corporations – 5PM – 9PM) 4 This is a very popular entity in our society, and so often miss understood or entered into for incorrect reasons. Let’s explore what the entity accomplishes for the shareholders.
Qualified Business Income Deduction (5 PM – 7 PM) 2 The new tax credit for those business that qualify. There are so many reasons that a business will not qualify, so we will attempt to understand this new tax law as best we can for this time and date.
Schedule C Small Business, QJV, Entity Select (5 PM – 8 PM) 3 This is where America lives : the self-employed schedule C, never hurts to bring ourself up to date on this schedule.
Partnerships (5PM – 8 PM) 3 Easy to establish, not so easy to disband. We will look at the purposes of partnerships and their length of existence, who can be a partner, and how it operates.
Schedule E Rents, Royalties, Pass through (5 PM – 8 PM) 3 Rents, Royalties and the pass through, page 2, that are very important.
Schedule F is for Farming (5 PM – 8 PM) 3 Farmers we have a lot of ground to cover in this class. We will look at Hobby loss rules and all sorts of types of farming.