LOS ANGELES, CA, October 28, 2016… GHJ is pleased to announce the promotion of Satpal Nagpal and Akash Sehgal to partner in January 2017.“The experience Nagpal and Sehgal have brought to our firm has benefited us and our clients immensely,” said Leon Janks, CPA and Managing Partner of the leading Los Angeles-based accounting firm. “I look forward to the positive contr [...]

By Sherri Carstens, CFE (Senior Manager, GHJ) and Ilan Haimoff (Partner, GHJ) Let’s imagine the perfect world when it comes to a profit participation audit of a studio film or television series distribution statement: You (Producer) wake up on a Monday and decide it is time to audit. Within days, your attorney sends an audit notice to the studio, and by the end of t [...]

It is a rare feat when two nonprofit organizations are able to come together and join resources to increase the collective impact they have in the community. It is just as rare to have enough donor contributions that allow them to do so. The amount of time, work, and of course, due diligence, that goes into making something this amazing happen is astronomical. I was a [...]

GHJ Senior Managers Peter Klass and Dan Landes, co-authors of the 2016 Entertainment and Media Whitepaper – The Evolution of New Media: Making Money in a World Where Digital Streaming Rules, discussed trends and the future of digital media with Jesse Ikeman of Craft Truck. Craft Truck’s Business of Film podcast boasts discussions from the entertainment indu [...]

Some of the many tax items that companies send out in the early part of each year are payroll forms: W-2, 1099-MISC and a few others. Under prior rules, employers and business had until Feb. 28 to submit the previous year W-2 to the Social Security Administration and 1099-R and 1099-MISC (Box 7, non-employee compensation) to the IRS. The IRS has shorten th [...]

GHJ Managing Partner Leon Janks has been appointed HLB USA Chairman. HLB is ranked among the world’s 12 largest accounting and business advisory groups. HLB International is represented in 130 countries, and GHJ is the only member firm in Los Angeles County. As managing partner of GHJ, a premier Los Angeles-based accounting firm, Janks has over 30 years of e [...]

GHJ Managing Partner Leon Janks was cited in Accounting Today’s round up of recent hires, promotions and awards in the accounting industry. Janks was recently appointed chairman of HLB USA. Click here to read more

They say there are those who have a green thumb, and those who do not. I fall somewhere in the middle of “those who do not.” I struggle every day just to water my plants, if only for the opportunity to watch as they grow and thrive right in front of my eyes. As it turns out, many more Americans are doing the same or more when it comes to growing their own food. An est [...]

By Liubou Partnaya (Tax Senior Associate, GHJ) With Donald Trump as President-elect, proposals presented during his campaign are brought to the forefront. Among his proposals are sweeping changes to our income tax laws. Here is a quick overview of individual and business tax reform positions. Major highlights for individual taxpayers include: Simplifying the tax code [...]