In this Zoom live video conference, participants will review the principles of proper grouping of activities which can be extremely important for purposes of both sections 469 and 1411 (the 3.8 tax on NII). Topics include a comprehensive analysis of the rules for grouping that are contained in Reg. 1.469-4 and the judicial decisions and administrative pronouncements involving grouping. After completing this program, participants will be able to group businesses for purposes of determining material participation. This program is ideal for CPAs, EAs, CFPs, and other financial practitioners.