How can entertainment industry professionals set themselves up for success in the coming year? On this episode of the Media Clips Podcast, Host and GHJ Entertainment Practice Leader Ilan Haimoff is joined by a panel of experts across GHJ’s service lines: GHJ State and Local Tax Practice Leader Frances Ellington Gutierrez shares what businesses [...]

Discover the key trends, challenges, and opportunities shaping the 2024 merger and acquisition landscape and how they impact dealmaking strategies for the year ahead. While the U.S. has shown increased deal activity over the prior year, the rebound from 2023 has not been as robust as many initially anticipated. Thus far, 2024 has been characterized by a mixture o [...]

Mergers and acquisitions have historically been complex undertakings that involve significant financial, legal and operational considerations, but in today’s digital age, cybersecurity is one of the most critical and most often overlooked aspects during the rush to complete a transaction.In a study conducted by Aon, only 17 percent of companies are estimated to h [...]

Juggling the demands of a career with the responsibilities of raising children is no small feat, and it is a challenge that millions of parents navigate every day — in recognition of National Working Parents Day, it is important to highlight the support systems that make this balancing act possible. In today's fast-paced and increasingly demanding work environment, cr [...]

Unlike compliance services like tax preparation or financial statement audits, which are more commodity-based, profit participation audits are forensic consulting engagements and are especially crucial in the entertainment industry. These audits require extensive, specialized experience in the intricacies of entertainment contracts, royalties and revenue-sharing arran [...]

Just like Formula 1 racing heavily relies on data to optimize performance, gain a competitive edge and secure victories, a business can harness the power of its data to drive growth, efficiency and profitability. Data-driven insights empower decision-making at every organizational level, and particularly at the C-Suite, to embody the adage that "knowledge is power."A [...]

Employee Retention Credit (ERC) claims and refunds have been a hot topic lately, especially after the Internal Revenue Service (IRS) announced a moratorium on processing certain claims last year. Recently, the IRS announced plans to send denial letters in certain situations. Experts from GHJ’s Corporate Tax Practice have insights into the latest developments in t [...]

Most private foundation grants support the charitable work of 501(c)(3) nonprofits, but a growing number of funders — including the California Wellness Foundation — are moving beyond traditional grantmaking to support 501(c)(4) organizations as an additional strategy to expand advocacy for social impact.Cal Wellness is one of the state’s largest health foundations, wi [...]

A Generally Accepted Accounting Principles (GAAP) audit offers numerous benefits beyond just compliance for those in entertainment — it enhances the credibility of a company’s financial statements, supports strategic decision-making, mitigates risks and meets stakeholder (or lender) expectations/requirements. In the fast-paced world of entertainment, where financial d [...]

The importance of a stand-out resume cannot be overstated — it is the candidate’s first impression on a hiring leader. Even in the accounting industry, where the unemployment rate is significantly lower than the national unemployment rate, a polished resume is critical.Executive recruiters see a lot of resumes and regularly receive honest feedback from hiring leaders [...]