ESTATE PLANNING TIP CORNER

This month’s tip courtesy of Natallia Z. Ioannou, CPA, CEP, MBT

Are you looking for answers about Tax Cut and Jobs Act’s new 20% deduction for QBI (Sec. 199A)?

Is your business entity organized as an S corporation and your taxable income on individual level is above $157,500 ($315,000 for joint filers)? You need wages and/or property to qualify for Section 199A benefit.

There are steps which can be done to possibly maximize Section 199A deduction.

One is to pay yourself a reasonable salary.

Providing Estate Planning professionals with knowledge and resources to better serve their clients and community.

Do you know someone that works in estate planning or related industries and would like to meet professionals who are dedicated to enhancing the proficiency of advisors who are active in the field of estate planning and who share a commitment to professional growth through education and cooperation?

Or, do you have a friend or a colleague that might be in need of one of our member’s services?

Please share the link to our site.

Upcoming Events

Thu 28

March 2019 Focus Group

March 28 @ 7:45 am - 9:00 am
Regina Lark, PhD., CPO
Help for Hoarding: It takes a Village
Torrance
Apr 11

April 2019 General Breakfast Meeting

April 11 @ 7:00 am - 9:00 am
Ed Long
Advanced Health Care Directives
Torrance CA
United States
May 09

May 2019 General Breakfast Meeting

May 9 @ 7:00 am - 9:00 am
Michelle Wolf
Special Needs Pooled Trusts and ABLE Accounts
Torrance CA
United States

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Thu 28

March 2019 Focus Group

March 28 @ 7:45 am - 9:00 am
Regina Lark, PhD., CPO
Help for Hoarding: It takes a Village

NOTICES

  • attorney office available for sublease in TorranceTorrance Attorney Office Available for SubleaseNovember 27, 2017 - 10:49 am

    Large attorney office for sublease in beautiful suite located in the City National Bank/One West Bank building at the intersection of Carson Street and Madrona Avenue. Lease just renewed and improvements just completed. Sublease includes use of conference room and receptionist to answer phone calls and greet clients. For more information, phone The Law Offices […]