6th Annual IRS-SJSU Small Business Tax Institute

Wednesday, May 23, 2018
8:00 am - 4:30 pm

Biltmore Hotel, Santa Clara

Successfully Navigating the TCJA for Small Business Clients





8:00 - 8:20

Breakfast and Networking Registration


8:20 – 8:30


8:30 - 10:10

A New Due Diligence Checklist - Let's Not Overlook Any New Tax Rules
An overview of all of the Tax Cuts and Jobs Act provisions relevant to small businesses including where new provisions modify operation of rules unchanged by the TCJA.

10:10 – 10:20



10:20- noon

New Section 199A - The Qualified Business Income Deduction
Application to small businesses above and below the income thresholds that separate some simplicity and complexity; examples included.

  • Rico J. Delodovici, EA, Tax and Business Consulting
  • Gary McBride, CPA, JD, LLM, Summit Accountancy Group, Inc.

Noon - 1:00

Lunch [provided] and Networking


1:00 - 1:50

TCJA Ethics - Changes to Penalty Provisions
Review and relevance to practice changes made to the percentage at Section 6662 when claiming the QBI deduction, and expanded due diligence of Section 6695(g).

  • Claudia Hill, EA, TaxMam, Inc.

1:50 - 2:40


New Thinking in Writing Off Business Assets
A review of TCJA changes to bonus depreciation, Section 179 expensing and auto depreciation of Section 280F. How to decide between bonus and expensing and the relevance of the de minimis safe harbor expensing election.

  • Joel Busch, CPA, Esq., San Jose State University - moderator
  • Mark O'Connell, Managing Director, KPMG
  • Roger Burggabe, Senior Manager, Moss Adams

2:40 - 2:50



2:50 - 3:40

New Favorable Methods for Small Business
How the method changes to Sections 448, 471 and 263A apply to small businesses and the relevance of the term "tax shelter" to these otherwise favorable rules. How to change a method of accounting under the TCJA changes.

3:40 - 4:30

Federal and California Choice of Entity Considerations
How do TCJA provisions affect choice of entity considerations for new and existing small businesses including relevance of California taxes.