Unlike compliance services, such as tax preparation or financial statement audits that represent more of a commodity service offering, profit participation audits represent a “value added” forensic consulting engagement. In most cases this requires extensive, specialized experience and can only be performed once (“one bite to the apple”). In choosing a (profit partici [...]

Originally published in The Female CEO. When it comes to influential women in business, Mari-Anne Kehler leverages her experience to cultivate teams and transform an organisations culture through coaching, innovation and an inclusion and diversity driven approach. Her role at Los-Angeles-based accounting firm GHJ as Partner and Chief Marketing and Strategy Officer [...]

The “Further Consolidated Appropriations Act, 2020” government funding bill was signed by President Donald Trump on Dec. 20, 2019 and includes a provision to repeal Sec. 512(a)(7), which relates to the tax imposed on tax-exempt organizations for providing transportation and parking to employees. The tax was first implemented through the Tax Cuts and Jobs Act back in D [...]

One of the best things about one year ending – and the next beginning – is the ability to reflect on lessons learned. Finishing up year two as Managing Partner of GHJ, I am aware there are many lessons and ways I get to prepare for year three. As I look back on 2019, I am proud of the many accomplishments at GHJ. We have experienced one of the greatest growth years i [...]

GHJ Entertainment Partner Ilan Haimoff talks with Jason E. Squire, Professor at the USC School of Cinematic Arts and Editor of The Movie Business Book Fourth Edition published by Routledge, about his predictions for the entertainment and media industry in 2020. Click here to find out what is on the horizon for streaming services, major studios and more.

Amazon recently reported that it is moving forward with plans to open a new grocery store chain in 2020, with the first store set to open in Woodland Hills, California. Amazon’s initial step into the grocery industry was in 2017 with the $13 billion acquisition of Whole Foods. With over 500 stores throughout the country, the acquisition expanded Amazon’s footprint int [...]

Originally published in Los Angeles Business Journal Without fundraising, most nonprofits would cease to exist. However, the BoardSource “Leading with Intent” Report consistently has fundraising performance as a top area needing improved board performance. Fundraising is often outside the comfort zone for board members, but some key strategies can help change that. [...]

Originally published in Entrepreneur Magazine The term “war for talent” has been thrown around for decades to underscore the challenges of retaining and attracting talented individuals in a dwindling pool of recruits, but an often overlooked concept among most businesses is that there is not a shortage of skills, but that businesses don’t recognize where to look when [...]

GHJ's Ilan Haimoff and Todd Sigler give an overview of the often complex royalty and licensing audits for the gaming industry in our latest podcast. Click here to listen as Sigler offers proactive ways gaming companies can streamline contractual terms and implement programs to improve agreements.

For fiscal year 2018, approximately 5.1 million S corporation tax returns were filed, which outnumber partnerships (approximately 4.2 million tax returns) and C corporations (approximately 2.1 million tax returns), according to the Internal Revenue Service (“IRS”). It is pretty clear that an S corporation is a popular choice for many business enterprises. As mergers [...]