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Section 461(l): Loss Limitations After TCJA Webinar

CPE

When
Jan. 20
1:00 - 5:00 p.m.

CPE Credits
4-Tax

Details

 Pricing

PICPA Member: $169 | Nonmember: $219


 More Information

Course No.
S461-2020-01-WEBNR-20-01
Level
Intermediate
Prerequisites
Working knowledge of federal tax rules related to individuals and businesses
Note
This webinar is hosted by PICPA's partner, Surgent CPE. After registering, you will receive an email from Surgent CPE with the log-in information.

Description

  • Apply the new loss limitation provisions under Section 461(l) to client situations
  • Determine how the other loss limitation provisions interrelate with one another and with the new loss limitation provisions under Section 461(l)
  • Understand how the new net operating rules work for 2018 through 2025

Highlights

  • How the new Section 461(l) loss limitation provisions work
  • The new net operating loss rules and how they relate to Section 461(l)
  • Threshold amounts for limitation
  • Determination of a taxpayer’s basis in a pass-through entity
  • Suspended losses and deductions due to basis limitations
  • How at-risk rules operate to limit loss deductions
  • Passive activity loss rules that suspend losses


Speaker(s)

Michael J Tucker, Ph.D., LL.M., J.D., CPA

Michael J. Tucker is an employee of Surgent McCoy CPE, LLC and a consultant for the accounting firm of T.M. Byxbee Co. in Hamden, CT. He is the author of many professional articles and a veteran TV and live-seminar presenter. In addition, he heads up Surgent McCoy's webinar efforts, where he writes and hosts many of the webinars Surgent McCoy sponsors and presents. Mr. Tucker was a professor at Quinnipiac University in Hamden, CT and worked with KPMG Peat Marwick and Deloitte & Touche. Mr. Tucker received his J.D. from New York University, his LL.M. from Georgetown University Law Center, and his Ph.D. from the University of Houston.

 

 


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