Greater BucksMont Chamber of Commerce
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02/21/19 - Free Seminar - "Tax Cuts and Jobs Act" (TCJA) added Section 199A
Calling All Business Owners and Business Service Providers

As you begin your 2018 tax preparation,  
THERE IS INFORMATION YOU SHOULD KNOW AND UNDERSTAND ABOUT THE TAX CUT AND JOBS ACT (TCJA) - Added Section 199A

The "Tax Cuts and Jobs Act" (TCJA) added Section 199A, providing individuals, estates and trusts the ability to deduct 20% of their QBI (Qualified Business Income) from sole proprietorships and pass-through entities.  Pass-through businesses (S corps, partnerships and LLCs) as well as sole proprietorships (including single member LLCs) are eligible for the new deductions.  The rules are complex and subject to phase-outs and limits.  Understanding the mechanics of the QBI deduction is essential to effective planning to maximize its tax benefit.

Our new member, Tom Hauke, MBA, CPA, CGMA, President and CEO of Liberty Business Solutions, has offered to share his expertise in this area with our Chamber members.

Tom Hauke, MBA, CPA, CGMA, President and CEO of Liberty Business Solutions, is a well seasoned and highly experienced accountant, advisor, tax consultant and teacher.  His experience spans 45 years, encompassing accounting, public-reporting and strategic planning positions with a Fortune 50 company; public accounting time with two of the largest accounting firms today; over 25 years as the tax partner in-charge of accounting, advisory and tax practice, and over 15 years teaching taxes.

Light refreshments, RSVP required
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