Providing accounting and auditing
services since 1954

A member of Kreston International | A global network of independent accounting firms

Executive Education Series Webinar
Webinar: The Impact of the New Tax Law on Closely Held Businesses

The tax reform bill was signed into law on Dec. 22, 2017, bringing sweeping and historic changes to our country’s tax laws. These changes generally are effective in 2018 and impact every taxpayer, including many provisions that will significantly impact partnerships, S corporations, and other closely held businesses.

We will focus on the manner in which closely held businesses are impacted by the new law, and will offer insight about how closely held businesses and investors should respond to the new provisions.

Learning Objectives

After completing this course you will be able to:

  • Familiarize yourself with the provisions in the tax reform bill that will impact closely held businesses and investors, and specifically those provisions that will be most impactful, including the pass-through entity deduction, limitations on NOLs and excess business losses, the new interest expense limitations, and changes to effective tax rates and the deductibility of state and local taxes
  • Explain how the net operating loss provisions may affect transaction terms
  • Begin developing a plan that responds to these new provisions in order to take advantage of new opportunities, and to negotiate trade-offs involved with other provisions under the new law

More Tax Reform Resources

Additional details about tax reform and how it can impact you and your business can be found in our Eye on Washington portal.

Paul Dunham

Paul DunhamPaul Dunham, CPA
Paul has more than 25 years of experience in public accounting and has served both public and privately held companies on a wide range of tax issues, including implications of corporate acquisitions and divestitures, S corporation and partnership operations, income tax accounting methods, estate planning, real estate investment and related taxation. He also has experience in valuing family limited partnerships and closely-held business interests.

Nate Smith

Nate SmithNathan Smith, CPA
Nathan Smith is a Director in the CBIZ National Tax Office, bringing over 20 years of experience in public accounting to provide technical support and strategic solutions for the firm’s tax practice. Nathan leads the development of practice aids and tactical approaches used in responding to industry and Federal tax developments in a variety of subject matter areas. Nathan also consults nationally to facilitate delivery of client service opportunities and solutions, contributes as an author and editor to the firm's tax thought leadership publications and assists with the development and implementation of national tax policies and procedures.

Bill Smith

Bill SmithWilliam M. Smith, Esq.
Bill Smith is a managing director in the CBIZ National Tax Office. Bill monitors federal tax legislation and consults nationally on a broad range of foreign and domestic tax services for businesses and individuals, including mergers and acquisitions, domestic and international investments or divestitures, and the review, negotiation and drafting of tax aspects of business agreements.

Archived Recording

Original Air Date:
Feb. 22, 2018

View Recording

*Viewing the recording is not eligible for CPE credit.

Additional Details

Cost: No fee required.

CPE: Eligible for 1 CPE credit in Taxation*

Prerequisites: None

Who Should Attend? CEOs, CFOs, executives, tax directors, investors, and individuals associated with closely held businesses

Advanced Preparation: None

Program Level: Overview

Delivery Method: Group Internet-based


Contact us at You can also follow the discussion using the hashtag #CBIZMHMwebinar on Twitter.


*Attendees must be registered individually and click on periodic participation markers throughout the webinar to receive CPE credit. We may be unable to offer CPE certificates to those who log into the webinar using:

  • GoToWebinar Instant Join
  • iPads or mobile devices (unless using the Citrix mobile app for GoToWebinar) 
If you would like the opportunity to earn a CPE certificate, please log in using a different method than the ones indicated above to ensure that you show up on the final attendee report.

For more information regarding complaint and program cancellation policies, please contact our offices at (216) 447-9000.

CPE Sponsor LogoCBIZ, Inc. is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have the final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website:

Share This Page


About MHM   |   Locations   |   Services   |   Industries   |   News   |   Resources   |   Our People   |   Contact

Home  |   Locations   |  Careers   |  Contact   |  Client Portal