The Tax Cuts and Jobs Act includes a provision that allows a 20% deduction for certain pass-through owners. OMA Connections Partner RSM examines recently released guidance from the IRS on this new section of the tax code. During this recorded webcast, RSM presenters discuss:

• Clarification on the types of businesses that will and won’t qualify for the deduction
• A new “aggregation” regime that can impact the calculation of the allowable deduction
• Computational guidance on issues such as the wage and asset limitation, the treatment of losses, and several other items
• Implications for year-end planning

9/5/2018