Lambers, Inc will be releasing a new course addressing the calculation of business taxes reported on the 2018 Individual Tax Return. This has been an area of confusion ever since the Tax Cuts and Jobs Act was passed in late 2017. Professor Arthur Reed, MBA, CPA, MST will offer a video self study course on this very subject. Professor Reed will take a look at the questions that need to be answered in determining the appropriate pass-through income tax. Is the pass-through income a trade or business? What field is my business in? The course will address these and other questions regarding pass-through income.
For more information on pass-through income please refer to this article: http://money.cnn.com/2018/01/24/pf/taxes/pass-through-business-deduction/index.html