The impact of the Tax Cuts and Job Act of 2018 (TCJA) will have varying effects on business owners and other individuals at year end. What has not been discussed related to TCJA are the explicit planning opportunities that exist for some business owners. This workshop takes a look at some overlooked tax breaks that present unique planning considerations.
This topic is important to business owners and other individuals because it provides information to assist in 2018 income tax planning for investments, operating budgets and after tax ROI.
• Obtain a comprehensive understanding of 30 major tax changes in 2018 that will affect most taxpayers.
• Identify ways to use certain TCJ provisions for the purpose of reducing taxable income.
• Review ways to plan against the loss of certain tax benefits.
• Review ways to transition tax laws into tax strategies.
• Gain an understanding of the tax advantages of investing in business insurance for closely held companies
• Discover a method of unlocking tax deferred losses in stock wash sale transactions
• Business restructuring to take advantage of graduated tax rates
• Comparison between 2018 and 2017 tax rates for businesses, individuals and trusts.
• Review of 30 major tax changes in 2018 which affect both business and individuals.
• New Section 1031 Like-kind Exchange rules
• New rules related to unreimbursed employee business deductions
• Survival of the specific identification stock matching.
• Inherent tax breaks advantages of captive business insurance
• Medical professionals, partners and owners
• Health professionals, partners and owners
• Investment representative, financial representative, insurance broker, real estate broker
• Controllers, accounting managers, accounting supervisors of companies and corporations
• President, Vice President of Finance and financial managers of businesses and corporations
• Treasurers of businesses and corporations
• Self- employed business owners, independent contractors
This topic is important to business owners and other individuals because it provides information to assist in 2018 income tax planning for investments, operating budgets and after tax ROI.
• Obtain a comprehensive understanding of 30 major tax changes in 2018 that will affect most taxpayers.
• Identify ways to use certain TCJ provisions for the purpose of reducing taxable income.
• Review ways to plan against the loss of certain tax benefits.
• Review ways to transition tax laws into tax strategies.
• Gain an understanding of the tax advantages of investing in business insurance for closely held companies
• Discover a method of unlocking tax deferred losses in stock wash sale transactions
• Business restructuring to take advantage of graduated tax rates
• Comparison between 2018 and 2017 tax rates for businesses, individuals and trusts.
• Review of 30 major tax changes in 2018 which affect both business and individuals.
• New Section 1031 Like-kind Exchange rules
• New rules related to unreimbursed employee business deductions
• Survival of the specific identification stock matching.
• Inherent tax breaks advantages of captive business insurance
• Medical professionals, partners and owners
• Health professionals, partners and owners
• Investment representative, financial representative, insurance broker, real estate broker
• Controllers, accounting managers, accounting supervisors of companies and corporations
• President, Vice President of Finance and financial managers of businesses and corporations
• Treasurers of businesses and corporations
• Self- employed business owners, independent contractors
E. Pete Lewis
Mr. E. Pete Lewis is a principal at Lewis & Associates Tax Planning, Inc., (LATP) in St. Charles, Illinois. He is a CPA and Enrolled Agent Admitted to Practice Before the IRS. He organized LATP in 2008 after spending 30 years working in tax management positions for Chicago area law firms, public accounting firms and corporations. Mr. Lewis is also an Adjunct Professor at DePaul University’s School of New Learning and University of Phoenix Business School, Chicago on-ground campus. LATP provides tax planning, compliance, IRS debt resolution and audit representation before federal and state tax authorities.
Understanding and Analyzing Financial Statements
Onboarding is Not Orientation: How to Improve Your New Hire…
Managing Toxic & Other Employees Who have Attitude Issues
Do's and Don'ts of Documenting Employee Behaviour, Performa…
Gossip-Free: Leadership Techniques to Quell Office Chatter
Outlook - Master your Mailbox - Inbox Hero Inbox Zero
Harassment, Bullying, Gossip, Confrontational and Disruptiv…
Excel & ChatGPT Synergy Masterclass: Unleashing Financial A…
Introduction to Microsoft Power BI Dashboards
Drive Recruiting Success with the Using Recruiting Metrics …
2025 EEOC & Employers: Investigating Claims of Harassment …
Impact Assessments For Supplier Change Notices
Mastering Job Descriptions: Legal and Practical Insights fo…
Effective Onboarding: How to Welcome, Engage, and Retain Ne…
What is in Store for Employers When Updating Employee Handb…
Designing Employee Experiences to Build a Culture of Compli…
Onboarding Best Practices for 2025: Proven Strategies to Po…
Accounting For Non Accountants : Debit, Credits And Financi…
Creating a Successful Job Rotation Program
The Anti-Kickback Statute: Enforcement and Recent Updates
FDA Compliance And Laboratory Computer System Validation
How To Create Psychological Safety in your Organization
Aligning Your HR Strategy with Your Business Strategy
Transforming Anger And Conflict Into Collaborative Problem …
How to Give Corrective Feedback: The CARE Model - Eliminati…
I-9 Audits: Strengthening Your Immigration Compliance Strat…
Zero Acceptance Sampling to Reduce Inspection Costs
Identifying, Managing, and Retaining High Potential Employe…
AI at Your Service: Enhancing Your Microsoft OfficeSkills w…
Why EBITDA Doesn't Spell Cash Flow and What Does
FDA Recommendations for Artificial Intelligence/Machine Lea…
Project Management for Non-Project Managers - How to commun…
Dealing With Difficult People In Life & Work
Developing and Implementing Quality Culture in the Organiza…
2-Hour Virtual Seminar on the 6 Most Common Problems in FDA…
Enhancing Pivot Tables with Images: Visualize Your Data Lik…
How to Write Effective Audit Observations: The Principles f…
How to Write Contracts for Procurement Professionals
Uplifting the Credibility of HR: How to Build the Credibili…
Strategic Interviewing & Selection: Getting the Right Talen…
Performance of Root Cause Analysis, CAPA, and Effectiveness…
FDA Audit Best Practices - Do's and Don'ts
Unlock Employee Loyalty: Stay Interviews Will Keep Them Eng…
How to Manage the Legal Landmine of the FMLA, ADA and Worke…
Excel Lookup Functions: VLOOKUP, HLOOKUP, and XLOOKUP Made …