Gift & Estate Taxes
Our valuation engagements for estate and gift tax purposes have
included a wide variety of business and financial interests.
Find innovative ideas and actionable insights from DLA’s thought leaders.
Our valuation engagements for estate and gift tax purposes have
included a wide variety of business and financial interests.
In December 2019, the Financial Accounting Standards Board (FASB) issued an updated accounting standard that simplifies the complex income tax accounting requirements. Here are the details.
Many businesses have experienced severe cash flow problems during the COVID-19 pandemic. As a result, some may have delayed or missed loan payments. Instead of filing for bankruptcy in court, delinquent debtors may reach out to lenders about restructuring their loans.
“Customer Relationship Management (CRM)” platforms are only valuable if they are well organized and easy to access. At DLA Capital, our proprietary CRM platform enables us to easily launch targeted marketing campaigns and personalizes our relationships with investors, referral sources, and other potential clients.
On December 21, 2020, Congress passed a coronavirus stimulus package that includes an additional $284 billion of Paycheck Protection Program funding of financial relief in the form of tax credits and loan forgiveness for borrowers who meet certain criteria.
With the election past us, and President Biden taking office, DLA examines five of the potential key issues impacting the Business Development Company (BDC) sector at the start of the Biden presidency.
The impact of the pandemic varies widely across real estate and REIT sectors, and for some, the effects have been severe. As COVID-19 caused shutdowns
When COVID-19 slammed the breaks on the U.S. economy and imposed government mandated restrictions on business activity, construction activity coast to coast suddenly slowed and,
Information technology is a vital component of organizations, to such an extent that information and data generated by organizations are considered assets. Technological advancements have
The U.S. Securities and Exchange Commission (SEC) Division of Investment Management has provided guidance to investment advisers on numerous topics in response to COVID-19. The SEC’s Office of Compliance Inspections and Examinations (OCIE) has also announced its exam priorities related to COVID-19.
FINRA warns member firms of a widespread, ongoing phishing campaign that involves fraudulent emails purporting to be from FINRA officers, including Bill Wollman and Josh Drobnyk. These emails have a source domain name “@broker-finra.org” and request immediate attention to an attachment relating to your firm. In at least in some cases, the emails do not actually include the attachment, in which case they may be attempting to gain the recipient’s trust so that a follow-up email can be sent with an infected attachment or link, or a request for confidential firm information. In other cases, what appears to be an attached PDF file may direct the user to a website which prompts the user to enter their Microsoft Office or SharePoint password. FINRA recommends that anyone who entered their password change it immediately and notify the appropriate individuals in their firm of the incident.
Benchmarking: Why normalizing adjustments are essential Financial statements aren’t particularly meaningful without a relevant basis of comparison. There are two types of “benchmarks” that a company’s financials can be compared to — its own historical performance and the performance of other comparable businesses.
Before you conduct a benchmarking study, however, it’s important to make normalizing adjustments to avoid any misleading comparisons. This is especially important when looking at periods that include atypical financial results due to the novel coronavirus (COVID-19) pandemic. But there are a variety of factors that require normalizing adjustments.
March 4, 2021
March 2, 2021
Phil Ramacca is the President & COO of DLA, LLC. Phil has over 30 years of broad business experience, with extensive audit experience relating to real estate and asset management companies. Phil has worked extensively with all of DLA’s real estate clients, including REITs, REOCs, and Private Equity firms, and serves as the Lead Client Service Partner for numerous real estate clients.
Phil has worked with dozens of companies to initially comply with SOX requirements and maintain that compliance is ongoing. Phil has extensive audit experience in all categories of real estate and has performed in-depth reviews of the operations of joint venture partners, third-party managed properties, self-managed properties, and hotels. Phil works closely with senior management and his responsibilities include coordinating client engagements; post engagement discussions with client executives; recognizing, researching and resolving technical accounting and auditing issues; consulting on business combinations; and assisting clients negotiating debt agreements.
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Ernst & Young
Long Island University, CW Post – B.S. in Accounting
Address: 55 Lane Road, Suite 310 Fairfield, NJ 07004
Phone: (973) 575-1565
Fax: (973) 575-1615
Email: Phil.Ramacca@dlallc.com