When a foreign investor becomes a U.S. tax resident, one easily overlooked U.S. tax issue is that such residence change may result in an adverse U.S. tax structure, sometimes referred to as a “Sandwich Structure.” What is a Sandwich Structure? Let’s use an example to explain what a Sandwich Structure is. A Chinese tax resident, Mr. Wang, owns a manufacturing compa [...]

For many years, I had associated Whole Foods’ inventory with innovative and high quality products. However, recently I realized this widely sought inventory is lacking in its availability and volume. I had believed that Whole Foods inventory shortages were specific to the time of day I shop for groceries or perhaps specific to the location where I shop. I believed tha [...]

In our last nonprofit blog “Risk Management for Nonprofits – How to Not Make the News,” Yulia Murzaeva noted seven commonly identified risk exposures that nonprofits are continuously faced with and should assess as part of their risk management strategy. This post will take a deeper dive into one of the most complex and highly targeted areas of risk management, Techno [...]

Intellectual property owners are entitled to financial compensation in exchange for granting rights to licensees. As licensing deals grow, it is important to develop monitoring or audit programs to hold licensees accountable. What is merchandise licensing? Licensing exists in almost every product category that you see in retail stores. The intellectual property (IP) [...]

I spend my life balancing (well, at least trying to balance) the responsibilities of being a father and husband, leading a firm and taking care of myself. I truly love it and am blessed to have all of the opportunities life has afforded. However, in this busy life I do sometimes find myself drowning. Between a full time sports schedule with the kids, the pressures of [...]

Clients of any industry, who do not have a state and local tax specialist, often rely on a tax consultant to resolve issues. A tax consultant’s priorities include not only compliance but extend to saving the company money where they can. While businesses may prepare their tax returns themselves or have a traditional CPA handle personal property tax compliance and tax [...]

While Thanksgiving and the other winter holidays are a booming time for the food and beverage industry, the end of winter does not mean industry profits need to take a nosedive. Spring is a great time to measure the effects of a bloated winter that is full of holiday cheer, as it follows into a lull in spending for the first few months of the year. By looking at the e [...]

Each leader brings personal experiences into the workplace and uses the tools of life to solve problems and further one’s career. We cannot avoid it; we cannot turn off one part of our lives if we are to live authentically. As multi-dimensional humans, we draw from what we know and ideally select the best of our journey to inform how we operate with integrity and ex [...]

San Diego Workforce Partnership, a San Diego nonprofit agency funded primarily by government grants, recently made the news when its former facilities manager was convicted of embezzling over $450,000 from the nonprofit over the course of five years. The facilities manager was responsible for approving janitorial invoices and directed the agency contractors to purchas [...]

excerpt from our 2017 Entertainment Whitepaper: The Evolution of Profit Participations / Navigating Disruption in the Motion Picture and Television Industry Jennifer Sullivan, Senior Marketing Manager at GHJ sits down with Ben Sheppard to discuss the role of litigation in today's Entertainment Landscape. SULLIVAN: What does the term “expert witness” mean for the enter [...]