Real Estate Wiss & Company, LLP

Baker Tilly leverages the Workiva platform to provide public real estate companies, including public trusts, SPACs, and REITs with outsourced SEC reporting services. This includes Form 10-Q, Form 10-K, and current reporting on Form 8-K. An integrated approach allows us to simplify complex work and data for your organization. Whether you seek to outsource your entire accounting department or the accounting for a single property, real estate client accounting services could be right for you.

Use this guide to identify issues that may impact you, then discuss them with your tax advisor. Reduce financial risk and enhance your performance so your business’s real estate portfolio can help improve your competitive position whether you own or lease commercial property. When you contact this New York City accounting team, you receive the most up-to-date information, the most innovative financial concepts and the best possible solutions.

Maximizing Your Profitability for Long-Term Success

SALT, , has become a familiar term for business owners that operate in multiple states; however, taxes are not the only area of compliance that businesses that operate over state borders need to be concerned with. Barnes Wendling has provided us guidance and recommendations that have strategically helped strengthen our business and position ourselves for growth. We needed to hire a new VP of Finance and Controller this past year, and they were instrumental in helping us find the best candidates for our company. Marcum has been immersed in real estate for nearly a century, guiding many of the nation’s most prominent developers, operators, and investors on strategies to overcome challenges and reap rewards at every stage.

With many states aggressively attempting to find ways to close their budget deficits, these expanding companies become a means of generating new sources of revenues. President Donald Trump signed into law the Tax Cuts and Jobs Act , the most significant tax law overhaul in 31 years. In a decision, the Supreme Court ruled in favor of state authority to require online retailers to collect sales taxes without regard to physical presence in the state. Although states stand to gain much-needed tax revenues, there may be consequences for online retailers that do business in multiple states. Do you own a piece of real estate whose fair market value is greater than its basis? If you are contemplating a like-kind exchange, at Disanto, Priest & Co. we would be more than happy to assist you.

Real estate client accounting service experience and best practices

Our specialized real estate expertise uncovers opportunities other CPA firms miss. The 2022 Marcum Year-End Tax Guide provides an overview of many of the issues affecting tax strategy and planning for individuals and businesses in 2022 and 2023. Advising many of the most prominent figures who shape the New York skyline and beyond, we eat, sleep, and breathe real estate to help them succeed. Our real estate team—led real estate bookkeeping by partners averaging 25 years of experience and many are both CPAs and attorneys—is backed by more than 100 professionals, making it one of the largest in the profession. By its nature, real estate is about the big picture as well the finer details, about bold initiative as well as operational discipline. Our Personal Tax Guide highlights tax planning ideas that may help you minimize your tax liability.