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Dec. 20, 2018

199A Tax Breaks & Professional Services

It’s been called the tax break of the century. Can your business take advantage?
One of the best opportunities in the new tax law for business owners could amount to a deduction equal to 20% of qualified business income. You can thank the new IRC Section 199A if you’re a sole proprietorship, single-member LLC, partnership, or S corporation. This deduction could save a lot of tax, leave equity in the business and cash in the pockets of owners.

Delap would like to share how businesses in the professional services space might be able to benefit and what types of business income will be deductible.


Dec. 13, 2018

Partnership Audit Update Webinar

Topics discussed in the webinar:

  • A summary of the major changes to the partnership audit procedures
  • Various elections covered by these new audit procedures
  • Challenges these procedures present to partnerships
  • The roles and responsibilities of the partnership representative
  • Suggested items to address or modify in partnership operating agreements