Specialty Distribution: Impact of the new tax bill on M&A

"Next quarter we will get back to our more traditional reports, but wanted to provide a brief overview on what the new tax code means and how it could impact an M&A transaction and upfront planning for privately held, middle-market businesses.  There are five key components of the new tax bill that could have an impact on M&A, including choosing the optimal entity structure, enhanced accelerated depreciation rules, limitations on deductibility of interest, the deductibility of certain expenses, and the changing estate tax limit.  A team of advisors, including accountants, lawyers, and investment bankers can help you understand your specific situation and develop a plan that is right for your business."