Wendy Friese

Wendy serves as a subject matter specialist on revenue recognition, capitalization versus deduction, depreciation and amortization of property, lease accounting, accounting periods, estimated taxes, corporate alternative minimum tax and small business taxpayer provisions. She consults with clients on planning opportunities to generate cash flow or utilize tax attributes by reviewing available accounting methods and facilitating the approval of the use of such methods with the Internal Revenue Service. She also assists clients with private letter rulings and relief requests for extension of time for making elections or for other relief under Reg. § 301.9100.

Prior to re-joining Deloitte, Wendy was a tax policy advisor in the US Department of the Treasury’s Office of Tax Policy where she worked under two different White House Administration leadership teams. She developed federal income tax accounting regulatory and sub-regulatory guidance for tax law changes under the Tax Cuts and Jobs Act, Coronavirus Aid, Relief, and Economic Security Act, Taxpayer Certainty and Disaster Tax Relief Act, American Rescue Plan Act, and Inflation Reduction Act. She also worked with interested stakeholders to understand the potential impact of tax policies on industries and taxpayers, and coordinated with economists to quantify impact to taxpayers. Lastly, she provided technical advice to Congressional staff in developing legislative proposals.

Wendy regularly speaks at professional tax conferences, including the American Bar Association, the American Institute of Certified Public Accountants, and the Tax Executives Institute.

Wendy received her BS in Business Administration from University of California at Berkeley and is a certified public accountant in California and Washington, DC.