Learn All About the New Exemptions for Closely Held Businesses

The recently enacted Tax Cuts and Jobs Act includes key provisions that have far reaching implications for “pass through” entities such as S Corps, LLCs, proprietorships, and partnerships. Depending on your business type, the new Closely Held Business Exemption could result in significant tax savings. This is generally good news for many of America’s businesses. Will your business qualify for this important exemption? Find out during this webinar presented by Gray, Gray & Gray Tax Partner Emeritus Mike Koppel.

Webinar content is intended for educational purposes only. Webinars provide a brief summary based on our understanding and interpretation of current law.  All tax references are to federal tax law only, unless otherwise stated.  The information contained in the webinars is general in nature and is based on authorities that are subject to change.  It is not, and should not be construed as accounting, legal or tax advice or opinion provided by Gray, Gray & Gray, LLP.  The material presented may not be applicable to, or suitable for, specific circumstances or needs, and may require consideration of non-tax factors and tax factors not described herein.  Contact Gray, Gray & Gray or another tax professional prior to taking any action based upon this information.  Changes in tax laws or other factors could affect, on a prospective or retroactive basis the information contained herein; Gray, Gray & Gray assumes no obligation to inform the reader/webinar attendee of any such changes. The material presented is not intended to, and cannot be used to, avoid IRS penalties.  This material supports the marketing and promotion of accounting services.  Seek advice based on your particular circumstances from independent tax, legal accounting, insurance, investment and financial advisors.

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Pass through Entity Income Exclusion

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