Don’t Be a NIIT-Wit:
Getting to Know the Net Investment Income Tax
and IRS Form 8960
Even with the final Section 1411 Treasury Regulations being issued and one tax year behind us, most tax practitioners are still trying to figure out the Net Investment Income Tax (“NIIT”) and its form IRS Form 8960. Despite numerous publications and webinars on the subject, many taxpayers were subject to the new NIIT when they otherwise didn’t need to be if careful planning had taken place.
Join us and nationally renowned CPA, Robert S. Keebler, CPA/PFS, MST, AEP (Distinguished), CGMA for a practical overview of the NIIT and a line-by-line explanation of how to prepare IRS Form 8960.
This 90-minute teleconference, entitled “Don’t Be a NIIT-Wit: Getting to Know the Net Investment Income Tax and IRS Form 8960”, will include Bob’s insightful analysis of the following key issues:
- Taxation of portfolio investments for individuals and trusts
- Interaction with IRS Form 8582 – Passive Loss Rules
- Reporting real estate income and losses (including self-rental properties)
- Regrouping and Section 469 elections to meet the material participation tests
- Reporting the sale of closely-held businesses
- Reporting passive and non-passive business income
- Computing state income tax deductions for the NIIT
- Computing properly allocable deductions
- Understanding the Section 67 and Section 68 limitations on deductions
- Determining the applicable percentage of net operating losses
- Making the 65-day election
- Determining NIIT DNI for trusts and estates
- Planning distributions for estates and trusts
- And much, much more!
- Program Title: Don’t Be a NIIT-Wit: Getting to Know the Net Investment Income Tax and IRS Form 8960
- Speaker: Robert S. Keebler
- Duration: 90 minutes
Purchase
Thursday, December 4, 2014 at 9am PT (12pm ET). Duration: 90 minutes. Includes: Teleconference Participation, Downloadable Handouts and Audio Recording. SKU RSK120414TCASR
Thursday, December 4, 2014 at 9am PT (12pm ET). Duration: 90 minutes. Includes: Teleconference Participation, Downloadable Handouts and Audio Recording, plus Printed Handouts and Audio CDs sent within 5 days of the program. SKU RSK120414TCAPR
+S&H
ABOUT THE SPEAKER
Robert S. Keebler
CPA/PFS, MST, AEP (Distinguished)
Robert S. Keebler, CPA/PFS, MST, AEP (Distinguished) is a partner with Keebler & Associates, LLP and is a 2007 recipient of the prestigious Accredited Estate Planners (Distinguished) award from the National Association of Estate Planners & Councils. He has been named by CPA Magazine as one of the Top 100 Most Influential Practitioners in the United States and one of the Top 40 Tax Advisors to Know During a Recession. His practice includes family wealth transfer and preservation planning, charitable giving, retirement distribution planning, and estate administration. Mr. Keebler frequently represents clients before the National Office of the Internal Revenue…
IMPORTANT NOTICE REGARDING CE CREDIT
The Ultimate Estate Planner, Inc. and the presenter are not registered Continuing Education Sponsors and this program is not pre-approved for continuing education credit for any state or regulatory agency.
However, please note that each program includes a Certificate of Completion and, depending on the license and the regulatory agency for which governs a participant’s CE credit, some professionals may be able to self-report his or her participation and receive credit. It is the responsibility of the participant to complete any process necessary to seek self-reported CE credit for his or her participation. By registering for a teleconference (or purchasing on On-Demand program), you understand that CE credit is not guaranteed or warranted by the presenter or The Ultimate Estate Planner, Inc.