Washington Business and Occupation TaxOn March 14, 2019, Washington Governor Jay Inslee signed into legislation Substitute Senate Bill 5581, which made changes to certain economic nexus provisions under the state of Washington Business and Occupation (“B&O”) and sales taxes.The state of Washington adopted new threshold for B&O and sales tax effective Jan. 1, 2 [...]

From mandatory e-filing to a change in the excise tax rate for private foundations, there is no question that significant changes are on the way for tax-exempt organizations in 2020. GHJ Nonprofit tax expert Lizbeth Nevarez offers an in-depth overview of the many changes and important actionable steps for tax-exempt organizations below: Repeal of Employee Parking Tax [...]

Accounting firms have been waging the war for talent for many years, but one battle may be winnable. As accounting compliance work is becoming more technology-driven, there are opportunities to develop new services. Based on client needs, these growth services can help accounting firms prepare for future success using non-traditional roles. The Shift from Compliance [...]

Originally published on Thomson ReutersCongress recently passed, and the President signed into law, the SECURE Act, landmark legislation that may affect how you plan for your retirement. Many of the provisions go into effect in 2020, which means now is the time to consider how these new rules may affect your tax and retirement-planning situation.Here is a look at some [...]

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 [...]