I recently led an intimate roundtable discussion centered on how the #BeMore culture at GHJ has changed the way we think about our career growth at the firm. Our firm believes every day is a chance to #BeMore. Not do more. Not work more. Instead, we encourage one another to be the best we can be and enjoy life to the fullest. GHJ seeks to change the accounting profe [...]

This article explores an intricacy between certain private equity investments and various tax rules deferring the recognition of losses flowing up from partnerships. This article is not meant to be an exhaustive analysis of private equity structuring or the loss limitation rules. Rather, it is to illustrate how the loss limitation rules may apply to certain private eq [...]

On Dec. 22, 2017, the President signed the Tax Cuts and Jobs Act (“TCJA”). This act changed many provisions of the Internal Revenue Code (“IRC” or “the Code”). Some notable modifications include changes to the treatment of Qualified Improvement Property (“QIP”). Qualified Improvement Property Pre-TCJA: As a general rule, the cost of commercial real estate imp [...]

Excerpt from the 2017 Food and Beverage Whitepaper: The Future of Food: Meeting Consumer Demands with Sustainable Resources GHJ Growth Strategy and Value Planning Managing Director David Horwich sees sustainability and social responsibility practices as a potential enhancement to a company’s profitability. This can lead to a higher sales price and greater buyer confi [...]

Click here to listen to GHJ Partner Ilan Haimoff and Senior Relations Manager, Entertainment Industries Group at Bank of America, Jason Feuerstein discuss key risks and opportunities for entertainment and media companies.

New Act Includes Disaster Tax Relief for Victims of California Wildfires On Friday, Feb. 9, 2018, Congress passed and the President signed into law the Bipartisan Budget Act of 2018 (the Act), putting an end to the short-lived government shutdown. In addition to keeping the government funded through March 23, the Act includes a number of tax law changes. N [...]

Originally printed in February 2018 issue of Los Angeles Business Journal The 2017 Tax Reform Act that was passed on December 22, 2017 has significant changes that impact tax exempt organizations. As trusted advisors serving more than 100 nonprofit clients, GHJ has highlighted select provisions of the Act. Here is a summary of the changes: PROVISION: DISALLOWED FRI [...]

Following the devastating wildfires and mudslides in Ventura and Santa Barbara counties, many wineries and other property owners will be eligible for property tax relief with California’s Revenue and Taxation Code 170. California Revenue and Taxation Code Section 170 provides for property tax relief due to a major calamity. A calamity includes earthquake, fire and fl [...]

All major and mini studios utilize some form of subdistribution. In the foreign markets, a number of studios (mostly minis) only use subdistributors, and some minis use subdistributors in the domestic market as well. In many cases, the studios look for subdistribution relationships in certain territories based on various factors, such as financial (major studios may e [...]

Your Client Experience Matters Now More Than Ever: Top 5 reasons 2018 can be a break-out year for B2B CMOs Of course clients matter. That is why we’re in business: to serve our clients’ needs. At GHJ we strive to help our clients #BeMore every day. It is through understanding our clients’ needs that we are able to achieve this. But never before have we been able to [...]