Analysis
Tax accounting for leases
Navigating unexpected challenges of lease accounting standard
The new lease accounting standard’s focus is, of course, on accounting. But its impacts are not so limited.
People
Joyce Welch
Washington National Tax | Federal Tax Accounting (Periods, Methods, and Credits) Group
Managing Director | Deloitte Tax LLP
Joyce focuses on tax planning for the acquisition/disposition of highly appreciated assets. She has practiced accounting and tax services for many years and consults on various complex leasing matters, such as the income tax consequences of sale-leasebacks and other lease transactions, including the related “true-lease” analyses. Additionally, Joyce structures and implements complex deferred and reverse like-kind exchanges advises on tax consequences of involuntary conversions, and other capital gain preservation considerations for real estate investment trusts, private equity funds, and other public and private owners of real estate and other tangible property.
Joyce is often a featured speaker at real estate industry conferences and has published articles in Journal of Taxation, Real Estate Tax Digest, and Tax Management Memorandum. She also was a contributing author of the treatise, Real Property Exchanges, 3rd edition, published by the Continuing Education of the Bar of California.
She holds a Bachelor of Science in accounting from Arizona State University.