VPS STRAIGHTtalk Series

On May 15, 2018
The Impact of the New Tax law on Business Valuation

**Includes Case Study with CCF, DCF, Cost of Capital, and Market Approach Methods**

Jim Hitchner, CPA/ABV/CFF, ASA
Managing Director, Financial Valuation Advisors
CEO, Valuation Products and Services
President, The Financial Consulting Group
Coauthor, Discount for Lack of Marketability Guide and Toolkit
Coauthor, Hitchner Pratt Fishman: A Consensus View,
Q&A Guide to Financial Valuation
Coauthor, Financial Valuation Applications and Models, fourth edition
Coauthor, PPC's Guide to Business Valuations, 27th edition
Former member of the AICPA BV Standards Writing Task Force
Inductee in the AICPA BV Hall of Fame

Jim will present a complete case study with models and applications to address the multitude of changes in the new tax law, including increases in value due to tax rate changes; modeling bonus depreciation; modeling the limitations on interest expense; changes to the cost of capital, including debt, equity, and the WACC; S corp valuations and models; how to adjust and apply market multiples; temporary vs. permanent provisions; and more.

Learning Objectives:

The participant will learn about:

  • Increases in value due to tax rate changes
  • Modeling bonus depreciation
  • Modeling the limitations on interest expense
  • Changes to the cost of capital, including debt, equity, and the WACC
  • S corp valuations and models
  • How to adjust and apply market multiples
  • Temporary vs. permanent provisions
  • Professional services businesses vs. non-professional services businesses
  • 20% qualified business income deductions
  • State and local taxes

Handouts:

  • VPS webinar PowerPoint slides
  • Selected relevant articles
  • Following the webinar, attendees will receive an interactive video of the webinar showing the audio synced to the slide presentation in real time

Your entire office can attend this two hour webinar and earn CPE for $239 at valuationproducts.com

The VPS StraightTalk webinar series brings you outstanding continuing professional education on business valuation and litigation topics. Unless otherwise noted, all webinars are targeted at an intermediate program level, qualify for two hours of CPE credit, and begin at 1:00 p.m. ET. Pay one fee of $239 for everyone in your firm to participate. Unlimited employees from your firm will each receive 2 CPE credits for NO additional fee (applies to all employees at your firm who sign in per the webinar participant instructions.) More information on the VPS StraightTalk webinar series can be found here.

Jim Hitchner's Valuation Products and Services (VPS) provides tools to assist practitioners in business valuation, litigation services, and forensics and fraud.

Valuation Products and Service, LLC is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be addressed to the National Registry of CPE Sponsors, 150 Fourth Avenue North, Suite 700, Nashville, TN, 37219-2417. Web site: www.nasba.org.