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.
Sara Brown is a Senior Tax Manager with more than 10 years of public accounting experience. She has experience working with consolidated groups, pass-through entities, closely held businesses, and high net worth individuals operating on multistate and international platforms. Her industry experience includes manufacturing and distribution, personal service organizations, real estate and construction.