The Society of Professional Consultants

The Society of Professional Consultants (SPC) is a professional development organization for independent consultants, solo professionals, and entrepreneurs. We offer networking, mentoring, and education for our members. The SPC facilitates virtual networking and workshops for both new and experienced consultants from around the world. Our membership is limited to solo consultants and business owners.

We encourage our members to collaborate, share best practices, and learn from each other. The SPC is not a referral network and we don't require our members to refer business to each other.

The SPC welcomes and encourages participation in our community by consultants of all ages, backgrounds, and identities. We are committed to promoting and sustaining a culture that values mutual respect, tolerance, and learning. Our standards of conduct page has more information about our policies and member responsibilities.

Virtual Workshop: Wednesday, February 19, 2025 at 3:00 p.m. ET

Do you know how the tax law changes scheduled for the end of 2025 will affect your personal and business taxes?

The Tax Cuts and Jobs Act (TCJA) of 2017 was the biggest tax overhaul in over 30 years. The TCJA made substantial changes to the rates and bases of both the individual and corporate income taxes, most prominently cutting the maximum corporate income tax rate to 21 percent, redesigning international tax rules, and providing a deduction for pass-through income. 

While many of the corporate tax changes were permanent, the majority of the personal tax changes were temporary with a scheduled sunsetting for the end of 2025. It is anticipated that the government will pass legislation to extend / modify these sunsetting tax provisions, which will have a direct impact on the taxation of your business consulting income, one way or another.

Please join us to hear Matt Foley and Tim Weeks from LGA, LLP provide a refresh of the key provisions of the TCJA, the impact of the sunsetting of the personal tax changes on your business consulting income, and an outline of what to expect in the coming months, including:  

• Choice of entity considerations in a period of tax uncertainty
• Changes in tax brackets and various deductions
• Changes for C-Corporate tax rate
• The fate of the 20% pass-through deduction
• AMT changes
• Creditor protection considerations
• Other trust and estate items

Matt, Tim, and their firm provide accounting, audit, and tax services to individuals and small businesses. Like all SPC meetings, this one will be interactive, and Matt and Tim will be glad to respond to your questions.

There's no charge for this workshop.

About Our Speakers:

Matt Foley is a tax partner in LGA’s business tax group and has extensive experience in corporate, flow-through, and personal taxation. He has a proven track record of delivering results for a wide range of businesses, from start-ups and closely held entities to multinational corporations. With over 17 years at leading national and international firms, Matt specializes in complex partnerships, multi-state tax matters, and M&A tax structuring. His client-focused, dynamic approach ensures that every tax strategy is customized to meet the specific needs of the business. Whether advising on tax structuring for transactions or succession planning, Matt helps business owners confidently navigate today’s complex tax environment.

Tim Weeks is a principal in LGA’s private client group with extensive experience in personal and trust income tax, estate planning, and tax dispute resolution. Tim specializes in providing comprehensive solutions to complex tax issues for individuals, families, and businesses. Before joining LGA, Tim ran his own practice, where he focused on estate planning and income tax dispute resolution. He has a reputation for managing cases involving the Department of Revenue (DOR), effectively navigating deadlines and resolving disputes with a client-focused approach. Tim’s deep knowledge of tax law and his ability to simplify complex issues make him a trusted advisor for clients facing high-stakes tax matters.