Our 2019 personal tax guide contains tax planning tips and tax strategies for year-end 2019 for individuals and business owners. Topics covered include estate tax planning, charitable contributions and deductions and help you meet your financial objectives.
The Treasury and the IRS released a second more robust set of QOZ and QOF proposed regulations. These new qualified opportunity zone proposed regulations include a working capital safe harbor, the original use of the business, leased tangible property and basis requirements.
ASC 842 has significantly changed the guidance in determining whether the lessee is the accounting owner of the asset under construction in a built-to-suit lease arrangement. If a company is not considered the accounting owner there is no sale or leaseback guidance.
Michele Rosenman is a Tax Manager in the Real Estate Group with 15 years of experience in public accounting. Michele provides tax compliance and tax planning services to closely-held businesses, real estate clients, high net worth individuals and families. Michele is also a contributor to the firm’s Real Estate blog.
