Corporate Life Before and After the Recent Tax Cuts and Jobs Act

(199 Ratings)

Produced on: January 30, 2018

Course Format On Demand Audio

Taught by

Categories:

Course Description

Time 62 minutes
Difficulty Intermediate

On December 22, 2017, the Tax Cuts and Jobs Act was signed and approved by the President, passing the biggest overhaul in the tax code we have seen in decades. Since its approval, we have come to learn that corporations are going to reap some of the major benefits of this new bill. However, because there has been such a drastic change with this new bill, the individuals who are running these corporations are eager to learn and understand these changes as quickly as possible to determine how it is going to affect their entity.  

In this program, comb through some of the major changes, such as the overall major tax cut for these corporations, as well as some of the changes that may not be as clear but are also important to these entities. Join attorney Bart Basi to take a look at and compare the previous law with the new tax plan in order to truly understand these changes.


Learning Objectives:

  1. Compare and understand the changes that have been put into place with the passing of the Tax Cuts and Jobs Act
  2. Gauge how these changes affect corporations and their tax structure and strategies moving forward
  3. Provide guidance for those individuals who are running these corporations so that they may better understand how to plan for the future

Faculty

Dr. Bart A. 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.

Education

  • 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

Reviews

SW
Susan W.

Excellent. One of the best courses I have taken

JB
John B.

This was a GREAT course. I especially liked the fact that the speaker mentioned the danger that the gains from the tax reform may be squandered completely on dividend payments and share buybacks instead of investment in technology and people.

MK
Max K.

Thank you

JS
Jason S.

Great Program! Bart was Great!

BP
Beth P.

Fantastic Fantastic

WO
William O.

Bart Basi strikes again

KM
Kimberly M.

This was an excellent course. He is an awesome teacher.

KH
Kay H.

My favorite instructor! So focused and a real enthusiast tax attorney.

KM
Kim M.

Very informative topic

LF
lance f.

Fantastic speaker and presentation

EC
Edward C.

as always, Dr. Barsi is on the mark and attention holding!

LL
Lawrence L.

art is the best teacher you all have. I say it each time I take a course with him. thanks.

LG
Laura G.

Outstanding presentation! Clear and succinct, easy to understand. Will watch the presentation again. Thank you, Lawline. Because of my unlimited membership, I can go back and watch the presentation again.

JF
Jennifer F.

This is one of the best speakers you have. Bring him back for more.

PS
Phil S.

Excellent program and speaker.

DA
Daniel A.

great

OG
Osman G.

Excellent real world application of the law. Fantastic presentation knowledgeable instructor and great course

MP
Margaret P.

Excellent and comprehensive. I learned a lot.

CR
Chris R.

Fantastic and extremely timely.

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$ 59 Tax Law and Business, Corporate, & Securities Law In Stock

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