Minimizing Taxes & Maximizing Wealth: Sunset of the Tax Cuts and Jobs Act in 2025

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Hi, welcome to ValuationPodcast.com, a podcast and video series about all things related to business and valuation. My name is Melissa Gragg, and I'm a Divorce Financial Mediator and Business Valuation Expert in St. Louis, Missouri.

Today we're speaking with Amber Widener about Minimizing Taxes and Maximizing Wealth. It's really about the sunset of the Tax Cuts and Jobs Act, or TCJA in 2025. Amber is a partner of Business Valuation and Advisory at Seidel Schroeder, providing over two decades of experience. She also has extensive valuation expertise, having performed hundreds of appraisals in conjunction with gift and estate tax planning, transaction advisory (M&A), ESOP, litigation, and lending purposes.

1. What is the TCJA and what are the major provisions of the Act that are set to expire in 2025?
2. What is included in a taxable estate?
3. Why is the sunset especially important to business owners?
4. Can business owners with a long runway until retirement ignore the impact of the sunset?
5. Can business owners rely on quoted market multiples in their industry to understand the value of their company?
6. What is the tax impact for a business owner upon death that has not done any estate or succession planning?
7. How can a business owner transition their business out of their estate?
8. Is having a valuation performed necessary or beneficial for the transition of the business?
9. Are there any other provisions poised to sunset that impact business owners?

Melissa Gragg CVA, MAFF
Expert testimony for financial and valuation issues
Bridge Valuation Partners, LLC
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Amber Widener, CPA/ABV, ASA
Partner | Seidel Schroeder
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