September 24, 2026

Live Webcast

2 CPE Credits

Don Farmer's Section 199A Deduction: Complex Ownership & AggregationRules

September 24, 2026
Live Webcast
2 CPE Credits

Don Farmer's Section 199A Deduction: Complex Ownership & AggregationRules

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    Instructor

    Nick
    Preusch

    View Bio

    Nick Preusch, CPA, JD, LLM, MSA

    Bio

    Nick joined YHB in 2020 with over 15 years of experience in the industry. Nick is a graduate of Carthage College with a BS in Accounting and Business, the University of Connecticut with an MA in Accounting, Case Western Reserve University with a JD, and Georgetown University with an LLM in taxation. Nick has also worked with the Internal Revenue Service as a Revenue Agent and an Attorney with the IRS Office of Professional Responsibility.

    EXPERTISE

    Nick’s expertise includes helping high wealth individual and large business entities with complex tax compliance, along with specializing in international, non-for-profit tax issues, and tax ethics issues. He has used his tax expertise not only to serve his clients, but also his peers. He has authored publications for the AICPA’s Journal of Accountancy, AICPA’s Tax Advisor, NATP’s Tax Pro Journal, and CCH’s Journal of Tax Practice and Procedure and co-authored a textbook, Tax Preparer Penalties and Circular 230 Enforcement, published by Thomas Reuters. He has also lectured nationally on topics such as ethics, complex tax transactions, and IRS practice and procedure.

This course addresses advanced §199A issues affecting partnerships, S corporations, and complex ownership structures. Participants will examine aggregation elections, SSTB limitations, W-2 wage and qualified property tests, and tiered entity complications. The course emphasizes practical application and documentation requirements to support the qualified business income deduction.

Learning Objectives

1. Apply §199A rules to complex ownership and tiered entity structures 2. Evaluate aggregation elections and their planning implications 3. Analyze SSTB limitations and threshold phaseouts 4. Calculate W-2 wage and qualified property limitations 5. Identify documentation and compliance requirements for §199A positions

Major Topics

• Overview of IRC §199A Framework; Application of the qualified business income (QBI) deduction to pass-through entities
• Application of §199A rules to partnerships, S corporations, and tiered ownership arrangements
• Treatment of QBI, REIT dividends, and publicly traded partnership income in complex structures
• Requirements, elections, and limitations related to §199A aggregation
• Impact of aggregation decisions on deduction optimization and compliance
• Identification of SSTBs and application of income thresholds and phaseout rules
• W-2 Wage and Qualified Property Limitations
• Required disclosures, documentation standards, and reporting considerations to support §199A positions

CPE Credits Available

2 CPE Credits
2
Taxes

Things to Know About This Course

Course Level

  • Advanced

Professional Area of Focus

  • Tax; Taxation

Prerequisites

None

Advanced Preparation

None

Provider

Don Farmer Tax Education

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