Articles

Articles September 20, 2021 A Starter’s Guide for Real Estate Controllers

This article offers a look at the duties of a controller in a real estate enterprise, including their responsibility to effectively manage the entity’s accounting records, produce financial reports, and coordinate all accounting functions.

Articles September 20, 2021 How to Navigate Change and Prepare for Bankruptcy in Commercial Real Estate

Given the recent pandemic, along with potential future upheavals, landlords should reevaluate their leases and the financial condition of their tenants in order to better handle bankruptcy situations that would benefit both landlords and tenants.

Articles September 16, 2021 Looking Back on 2020 – What Were the Accounting Implications of COVID-19 on Real Estate Companies?

COVID-19 had a significant impact on real estate companies from both the financial and operational perspectives. There was a lot of uncertainty as we prepared for our 2020 audits but the primary areas that we found that had an accounting impact were …

Articles September 16, 2021 New Schedules K-2 and K-3, Form 1065: What Do We Do Now?

The author discusses the details of how, effective for tax year 2021, a partnership or an S corporation with foreign transactions will prepare Schedules K and K-2 along with its Form 1065 or Form 1120-S and provide Schedules K-1 and K-3 to partners/s…

Articles September 15, 2021 House Ways and Means Committee Addresses Reconciliation Bill Tax Increases

On September 13, 2021, Richard Neal, chairman of the House Ways & Means Committee, released far-reaching tax proposals. EisnerAmper has summarized the highlights of these tax proposals, and will continue to keep you informed on this important tax leg…

Articles September 14, 2021 A Primer on the Tokenization of Real Estate

Some common questions and answers about the tokenization of real estate, which involves creating a virtual token that would represent ownership of a type of real estate asset.

Articles September 10, 2021 7 Strategic Planning Steps to Support an Effective Succession Plan

Several common steps organizations should consider in order to develop a clear strategic plan that can support a company’s succession and transition strategies.

Articles September 09, 2021 Court Agrees on IRS Assessment of Double Penalties for the Failure To Report the Ownership and Distributions from a Foreign Trust

This article takes a look at what this means for U.S. owners and beneficiaries of foreign trusts.

Articles September 09, 2021 Syndicated Conservation Easement Transactions

This article examines IRS and Treasury efforts to inform taxpayers and tax practitioners about their concern whether the structure and form of certain syndicated conservation easement transactions constitute bona fide charitable contribution deductio…