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Advising Your Business Clients in Good Times: Key Legal and Business Strategies (Update)

(429 reviews)

Produced on August 08, 2019

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$ 59 Business, Corporate, & Securities In Stock
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Course Information

Time 1h 1m
Difficulty Beginner
Topics covered in this course: Business, Corporate, & Securities

Course Description

During recessions, businesses and their owners take specific actions to survive and weather any storm. In good times, business clients may not be aware of the various advantageous opportunities that can help them maintain and further grow a successful business. In this program, presented by business and tax law attorney Bart Basi, attorneys will learn how to assist their clients in identifying those opportunities and take action to not only ensure compliance and success but also to survive the next downturn.

Learning Objectives:

  1. Grasp common legal and business problems, and recognize various legal and business strategies to implement for success
  2. Examine the various issues that arise in business management including those concerning: inventory, receivables, expenses , restate income statement, restate balance sheet, deductions, cash v. accrual recognition
  3. Identify important succession planning considerations

Credit Information

After completing this course, Lawline will report your attendance information to {{ accredMasterState.state.name }}. Please ensure your license number is filled out in your profile to ensure timely reporting. For more information, see our {{ accredMasterState.state.name }} CLE Requirements page . After completing this course, {{ accredMasterState.state.name }} attorneys self-report their attendance and CLE compliance. For more information on how to report your CLE courses, see our {{ accredMasterState.state.name }} CLE Requirements FAQ .


Bart Basi

The Center for Financial, Legal & Tax Planning, Inc

Dr. Basi is a specialist in the areas of business succession, business valuation, mergers and acquisitions, retirement and estate planning, strategic planning, and tax aspects of business decisions for closely held and family businesses. He speaks nationwide, writes, and researches on all of these areas. He has written five loose-leaf bound books, over 300 articles, and has worked with hundreds of businesses and associations. Journals that have published Dr. Basi’s work include Money Matters, The American Journal of Small Business, the Journal of Family Law, The Journal of Estate Planning, The Tax Lawyer, Small Business Taxation, Taxation for Individuals, Taxation for Accountants, Taxation for Lawyers, The CPA Journal and The Tax Executive.

Dr. Basi is the author of “The Tax Report,” a bi-monthly report on income and estate tax matters for closely-held businesses, “Accounting and Taxes,” a monthly column distributed to individuals and trade journals, and the “Tax Tip,” a monthly tax advisory for the closely-held and family business.


  • Bachelor’s Degree in Accounting, Utica College of Syracuse University
  • Master’s Degree in Business Administration, Syracuse University
  • Juris Doctor in Law, University of Louisville
  • Doctorate in Economics and Accounting, Indiana University
  • Post-Graduate study in Taxation, Stanford University

Professional Licenses

  • Certified Public Accountant – Indiana (1967-2000)
  • Attorney at Law:
  • Kentucky (1969)
  • Pennsylvania (1972-1982)
  • Illinois (1978-present)
  • New York (2010-present)

Academic Affiliations

  • Currently holds the rank of Professor Emeritus at Southern Illinois University.
  • Formerly affiliated with Penn State University, Indiana University, The University of Louisville, and Syracuse University specializing in corporate taxation, estate planning, and business valuations.

Business Affiliations and Memberships

  • Senior Advisor, The Center for Financial, Legal and Tax Planning, Inc. The Center values approximately fifty companies per year.
  • Memberships have included the American Bar Association’s Tax Committees on estate and gift taxes, business succession, and business planning and valuation.

Former Awards, Honors and Recognitions

  • Listed in Harvard Business School Profiles in Business and Management: An International Directory of Scholars and Their Research.
  • Recipient of educational grants for advanced course work in Taxation from the Practicing Law Institute, New York.
  • Listed in The Tax Analyst Directory and the Lexis Computer Tax Library as a tax professional in the U.S., specializing in family and closely held companies.
  • Listed in Who’s Who: Comprehensive and National Registries; International Registry; Leading American Executives, and Among America’s Teachers.
  • Listed as an expert in taxes and business valuations in the Wisconsin and Illinois Register of Expert Witnesses.
  • Member of Phi Kappa Phi, national honorary, Beta Alpha Psi, accounting honorary, and Beta Gamma Sigma, business honorary.
  • Member of the Institute of Business Appraisers


harold k.

Excellent presentation

Gal G.

Great class

marc v.

Great energy in speaker

Jodi P.

Bart is great! Impressive resume and very knowledgeable. Easy to follow.

William B.

Dr. Basi's courses are always informative, and he is a very polished presenter.

Elizabeth F.

meaningful and practical course for client management.

Joseph C.


Joshua B.

The speaker spent far too much time telling stories from his practice. This CLE was more autobiographical than educational.

Edward C.

Dr. Basi provided a wealth of knowledge and suggestions.

Phillip C.

Dr Basi is always a great presenter and provides valuable information.

Lynne G.

Basi is an outstanding presenter!

Michael D.

good advice on Accrual vs Cash reporting method.

William G.

A very energetic presenter! Very interesting as things have changed in the last few weeks. Highly recommend!

Cecelia B.

Fantastic class!

Daniel W.

Very well done

Henri S.


Stephen N.

always like Bart's lectures

Andrea R.

Every presentation by Dr. Basi is time well spent !

Tania R.

Maybe my best cle ever. Thanks a ton

Darryl S.

Many of my clients are in this area of business law. The course was very thought provoking. Thank you.

Irina R.

This is one of my favorite presenters.

Simone Y.

Great talk on how to add value!

Michael P.

My favorite lecturer.

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