How the New Tax Cuts Affect You and Your Clients


How the New Tax Cuts Affect You and Your Clients

The Tax Cuts and Jobs Act (TCJA) is the most significant overhaul of US tax policy since 1986. With most of the provisions already in effect as of January 1, it’s crucial that business owners (and their advisors) understand the key provisions that may affect their company.

Some of the new key tax provisions impacting middle market companies that Mr. Byer will be covering:

  • Determining the most tax efficient entity for your company (Pass-through entities vs. C corporations and the new 20% qualified business income deduction
  • Deductibility of interest expense
  • Section 179 and bonus depreciation
  • Deductibility of meals and entertainment
  • Net operating losses








The EPI Local Chapter is different than other groups because it brings together a diverse group of professionals from a wide range of specialties that can naturally work collaboratively on exit planning, succession planning, value growth, transaction or any engagement from both sides of the equation. The chapter meets regularly to network, reconnect, grow knowledge, and sharpen their skills with a common goal: Change the outcome for transitioning business owners. Make plans to join us for future events and connect with the local leadership by visiting

Meet Theodore S. Byer:

Theodore S. Byer is a Member of the Firm. He is a licensed Certified Public Accountant in New Jersey with over 30 years of experience in public accounting and tax. Ted has dedicated the past three decades to providing experienced tax services to our clients. He counsels high-net-worth individuals on wealth management and entrepreneurial issues. He also directs our Premier Lifestyle Services that provides accounting, tax and concierge services such as household payroll, cash management, and bill payment.

Ted is a member of the American Institute of Certified Public Accountants and the New Jersey Society of Certified Public Accountants. He is also a member of Smolin Lupin’s Medical Services Industry Practice. This practice provides consulting services to the medical industry to help them master the increasingly complicated business of medicine.

Ted serves on Smolin Lupin’s Financial Planning, Human Resources, Tax Services, and Wealth Management Committees. He is also the head of Smolin Lupin’s Small Business Committee which makes policies for boutique clients to ensure efficient and timely services.

Ted is a graduate of Muhlenberg College and holds a Master of Business Administration from Rider University and a Certificate in Personal Financial Planning from Fairleigh Dickinson University. He practices out of our Fairfield, New Jersey office and resides in Watchung, New Jersey.

Continuing Education

CEPAs receive 1 CE credit

CPAs receive 0 CPE credit

*Proper documentation must be collected and submitted to qualify for continuing education.

cpe-logo-png-full-colorThe Exit Planning Institute (EPI) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing 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 submitted to the National Registry of CPE Sponsors through its website at: