Articles

Articles April 24, 2019 The Second Round of Qualified Opportunity Zone Proposed Regulations Are Here and They Are Worth the Wait!

The Treasury Department and the IRS released a second more robust set of Qualified Opportunity Zone (“QOZ”)/Qualified Opportunity Fund (“QOF”) proposed regulations. The following is a brief summary of the April proposed regulations.

Articles April 18, 2019 New QOF Proposed Regulations Released

The Internal Revenue Service released the second round of proposed regulations for qualified opportunity funds (QOFs). While the first set of proposed regulations provided a great deal of clarity, many questions remained unanswered.

Articles April 17, 2019 Three Additional Large Business and International Compliance Campaigns Announced by IRS

Three compliance campaigns were announced by the IRS Large Business and International Division to improve return selection, identify issues representing a risk of non-compliance, and make the greatest use of limited resources.

Articles April 17, 2019 IRC Section 199A Considerations for Property Dispositions by Real Estate Funds

Managers should analyze the tax impacts of real estate dispositions and the income generated from such properties as well as the potential impact of the IRC Sec. 199A deduction for real estate fund investors.

Articles April 17, 2019 Qualified Opportunity Zones/Funds and FIRPTA

The QOZ regime offers benefits to nonresidents, offering exemption from gain on the sale of U.S. real estate. There are several issues that need to be addressed by the IRS and should be closely monitored by nonresidents investing in U.S. real estate.

Articles April 08, 2019 Accessing Resources Across Latin America

EisnerAmper is a member of Allinial Global which is a network of independent accounting and consulting firms whose members reinforce client service by exchanging expertise, resources, and advice across a wide range of industries.

Articles April 04, 2019 FASB'S ASU 2018-08 Impacts Not-for-Profit Organizations

Not-for-profits have been recognizing grants and contributions in the same manner for decades. ASU 2018-08 will change revenue-recognition considerations for these types of funding, particularly for revenue related to governmental grants.

Articles April 04, 2019 2019 Personal Tax Guide and Tax Tips for 2018

EisnerAmper 2018 tax guide assists with the preparation of your 2018 income tax returns and provides tax planning for 2019 and beyond. The Tax Cuts and Jobs Act of 2017 impacts all aspects of the American economy and will impact businesses and indivi…

Articles April 03, 2019 Build-to-Suit Leases under the New Lease Standard ASC 842

ASC 842 has significantly changed the guidance in determining whether the lessee is the accounting owner of the asset under construction. If a company is not considered the accounting owner there is no sale or leaseback guidance.