Accounting and Legal Trends with Matt Klein from Olsen Thielen - Episode 17

In this episode, our special guest Matt Klein, a Principal in the Tax Department of Olsen Thielen, joins Rob Fafinski and Adam Brown to talk about current trends in accounting. Matt works primarily with privately-held businesses, including S-Corporations, closely-held corporations, partnerships, and individuals, and his work overlaps quite a bit with the legal work we are doing at FMJ.The group discusses a variety of accounting topics, and the interactions with the legal side, in a variety of practice areas, including manufacturing, mergers and acquisitions, and estate planning. Matt discusses planning strategies, valuations, pass through entity tax deductions, bonus depreciation changes, R&D taxation and potential fixes, and the December 2017 Tax Act with its upcoming estate tax exemption sunset. In addition, Matt discusses current trends and topics he is seeing in the accounting industry.It was a fast-paced, fun discussion covering a broad spectrum of topics, and there was even a reference to Hallmark movies. We are thankful to Matt for taking the time to join us!