Verity Sponsors The REAL Impact of The New Tax Act on Your Business Seminar

The Business Advisory Group held its seminar on May 15 that discussed impacts the new tax act will have on business owners. Guests were updated on the latest tax reform and how those changes will affect their business.

 

About the seminar

The monumental passing of the Tax Cuts and Jobs Act resulted in historic tax reform impacting nearly everyone in America. The seminar provided a comprehensive overview of the changes impacting individuals, corporations, and pass-through entities along with reviewing tax planning considerations for individuals, investors, owners, and executives.

 

We learned about:

  • Corporate Tax Rate Changes
  • Depreciation Changes
  • Qualified Business Income Deduction
  • Business Interest Expense Limitation
  • Inventory Exemption
  • Meals & Entertainment Expense Changes
  • Business Loss Limitations
  • Other Business Changes

About the panel

Scott A. Dondershine, Esq., CPA at David, Brody & Dondershine, LLP

Scott Dondershine is licensed to practice law in Virginia, Maryland and the District of Columbia. He is also a Certified Public Accountant and began his career in public accounting working for a big five CPA firm. He provides business, tax and estate planning legal services to emerging and mature technology and other companies, non-profits organizations and individuals located throughout the Washington Metropolitan Area.

 

Eric S. Fletcher, CPA, Principal at Thompson Greenspon

Eric Fletcher is a principal with Thompson Greenspon and has more than 20 years of public accounting experience as a tax professional. Throughout his career, Eric has focused on working with closely-held businesses and their owners, especially family-run enterprises. He has served clients in the construction, real estate, and professional services industries in addition to working with many affluent individuals and family groups. His expertise includes all aspects of tax and business planning including mergers and acquisitions, private equity, succession and estate planning, capital budgeting and investment analysis, as well as IRS representation.

 

Sponsored by

Business Advisory Group is a collaborative group of professionals working together to provide their clients with the resources they need to navigate business and personal decisions and transactions by referring trusted experts across a variety of fields. Members include:

 

Natalie Anzzolin, CPA, Partner at Thompson Greenspon

Scott Dondersine, Esq., CPA at David, Body & Dondershine, LLP

Pete Eisert, President of Eisert Insurance Service

Janel Giambrone, Business Banking Relationship Manager at M&T Bank

Dave Hagigh, Realtor at RE/MAX Allegiance

Haig Kondayan, CFP, Wealth Management Advisor at Northwestern Mutual

Bob Moskal, Quantive: M&A, Exit Planning and Business Valuations

Sid Subramanyam, Practice Manager, Northwestern Mutual – Reston

Ken Traenkle, CoFounder, Principal at Verity Commercial, LLC

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