On March 29, 2017, GHJ broadcasted an exciting webinar on the 2017 Outlook for Nonprofits. Partner and Nonprofit Practice Leader Donella Wilson of GHJ moderated a provocative discussion with Principal and Nonprofit Tax Leader Lauren Haverlock of GHJ and Nonprofit Consultant Larry Kaplan. For those of you who missed the webinar or wanted to revisit key topics that are [...]

By: Sunil Patel (Tax Supervising Senior) and Jason Booth (Tax Principal) Many tax-exempt organizations invest frequently in foreign alternative investments (e.g., hedge, private equity, real estate and venture capital funds). When investing into such funds, these tax-exempt organizations’ primary tax concern is generally to mitigate their risk of Unrelated Business T [...]

Partner Ilan Haimoff interviews Attorney Peter Dekom about trends and predictions for the film and television industry in our Media Clips podcast. Click below to discover more on producer-consumer connection via advertising, China’s growing role in film, the latest on digital distribution and much more. Inside this podcast: What are the key trends and predictions f [...]

There are several nonprofit organizations in the United States with missions aimed at assisting refugees. These nonprofits provide direct assistance, such as food and clothing, to individuals who are currently living in a foreign country, or help refugees that have recently arrived in the U.S. find housing and settle in the country. On February 2, 2017, President Don [...]

The physical presence nexus standard is becoming a thing of the past as state governments try to shift the tax burden from in-state to out-of-state taxpayers. If a state has jurisdiction to tax either the business entity or the subject matter, then a taxpayer has nexus in a state with or without physical presence. The nexus determination may vary by the type of state [...]

Private foundations enjoy the benefit of being tax exempt but often face more restrictions and scrutiny than public charities. GHJ Principal Lauren Haverlock takes an in-depth look at one of the most rigid restrictions for private foundations – self dealing. Click here to download our latest resource.

Co-Authors Ilan Haimoff and David Simon Background: Motion picture distributors or studios often license motion pictures and television products to domestic and international television exhibitors in batches or packages. These packages contain anywhere from two titles to hundreds of titles. They can include first run theatrical motion pictures, library motion pictur [...]

Co-Authors Sunil Patel and Jason Booth Internal Revenue Service Form 8938, Statement of Specified Foreign Financial Assets, has been one of the primary reporting mechanisms imposed directly on taxpayers under the Foreign Account Tax Compliance Act (FATCA), which is designed to enhance tax reporting compliance with respect to certain foreign assets. Form 8938 is used t [...]

Co-authors: Brianne Cannon, Lauren Haverlock, Mari-Anne Kehler and Anita Wu At GHJ, we believe 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. With our commitment to anytime/anywhere work, our support of flexible work environments and our passion for health and wel [...]

History Since its inception in 2001, many taxpayers have used the Qualified Leasehold Improvements (QLI) designation as an effective tax planning strategy to help accelerate depreciation and recover the cost of certain improvements over a shorter period of time. For improvements that qualify, the recovery period is reduced from 39 years to 15 years. The improvement is [...]