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.
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
Cost: No fee required.
CPE: Eligible for 1 CPE credit in Taxation*
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