“NIIT” Issues Discovered During Tax Season
If you’re a CPA or other tax preparer, congratulations! You made it through your first busy season dealing with the new 3.8% Net Investment Income Tax (“NIIT”).
But did you spot the many complex issues and questions not addressed by the IRS in the Form 8960 instructions?
Nationally renowned NIIT expert, CPA Robert Keebler, was overwhelmed by so many issues and questions brought to his attention by fellow professionals that he realized there’s a lot more to know about NIIT than he, or most people, first thought.
For example, it is now clear that in order to properly complete and report the NIIT, you need to know:
- The quirks of working with the NIIT when it comes to Trusts and Estates
- How the “Material Participation” standard applies
- “Re-grouping”
- The Real Estate Professional exception
- The Self-Rental Rule
- The impact of state income tax deductions
- How the Section 67 and Section 68 limitations apply
- Whether and how to utilize loss deductions
- Program Title: Advanced NIIT Analysis — After Its First Tax Season
- Speaker: Robert S. Keebler
- Duration: 90 minutes
Purchase
Includes: Immediately downloadable handout materials and MP3 audio recording. SKU RSK051414ODSP
+S&H
Premium On-Demand Program. Includes: Printed Handout Materials, plus CD-ROM with PDF copy of handouts and audio recording. SKU RSK051414ODPP
+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.