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Advancing Gender Equity: How GHJ's Women's Empowerment Cohort Redefines Leadership

GHJ has been a longtime supporter of women in leadership positions, and in Spring 2017, the Women’s Empowerment (WE) Cohort was formally launched with a speaker series featuring female leaders from both inside and outside of the Firm. With the support and encouragement of GHJ, the awareness and popularity of the Cohort spread. Now, seven years later, the WE Cohort h [...]

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The Backbone of Benevolence: Administration for Private Foundation

GHJ’s Risk Management for Private Foundations Series: Navigating Challenges and Seizing Opportunities dives deep into the risks that private foundations face and offers practical solutions across a spectrum of areas including automation, cybersecurity and new giving strategies. Gain insights into implementing new ideas, ensuring compliance and exploring innovative par [...]

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Annual Withholding Tax Returns: Form 1042 and Form 1042-S

With most United States taxpayers and tax preparers focused on the first tax filing deadline (March 15) for income tax returns and extensions for domestic flow-through entities with a calendar year-end, it is important to keep in mind that annual withholding tax returns are also due on March 15 every year. In general, when a foreign person earns U.S. source fixed or [...]

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Tax Relief for American Families and Workers Act of 2024

On January 31, 2024, the House of Representatives passed the Tax Relief for American Families and Workers Act of 2024. This legislation, if also approved by the Senate, promises substantial taxpayer-friendly amendments to U.S. business tax laws. Consequently, it is advised that businesses potentially impacted by this bill delay their tax filings until after March 15 [...]

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California AB 488’s Impact on Nonprofit Organizations

California AB 488 went into effect on January 1, 2023 with a purpose of increasing transparency for online giving platforms such as Facebook, Paypal Giving and Blackbaud. The law requires that these charitable giving platforms only solicit contributions for California nonprofit organizations who are in good standing. WHEN IS AN ORGANIZATION CONSIDERED TO BE IN GOOD S [...]

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Corporate Transparency Act – Update

On March 1, 2024, a United States District Court judge ruled that reporting requirements of beneficial ownership under the Corporate Transparency Act (CTA) are unconstitutional. GHJ recently provided details about the CTA, a new law that became effective on January 1, 2024. In the recent court case, the plaintiffs sought an injunction against the implementation of t [...]

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Turnkey Manufacturing vs. Toll Manufacturing

Manufacturers are often faced with the decision of how to approach the production process efficiently and cost-effectively. Two common methods are turnkey manufacturing and toll manufacturing. Each strategy has its advantages and disadvantages, which can significantly impact a manufacturer’s operations. Businesses should consider the pros, cons and implications of e [...]

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PODCAST: Trends in Motion Picture and Television Finance Spring 2024: Post-Strike Shifts and the Evolution of Entertainment Deals

Leader Ilan Haimoff is joined by two experts on motion picture and television financing: Akin Gump Partner and Entertainment and Media Practice Head Chris Spicer and Content Partners President John Mass. The last installment of the “Trends in Motion Picture and Television Finance” series explored the then-ongoing labor strikes. Now, six months later, Ilan, Chris an [...]

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Embracing DEIA as a Strategy: How GHJ’s BIPOC Cohort Builds Inclusive Leadership

In today's rapidly evolving corporate landscape, embracing diversity, equity, inclusion and accessibility (DEIA) is not just a moral imperative but a strategic business advantage. GHJ has recognized this critical component of success through the establishment of its BIPOC Cohort — an employee resource group dedicated to supporting Black, Indigenous and other people [...]

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