Smart people learn from their mistakes; rich people learn from smart people’s mistakes.
What’s your role in the firm, and how do you make a difference?
I am a corporate tax partner. I seek to think strategically and help solve problems.
Describe the best thing about Green Hasson Janks and why it matters to you.
Green Hasson Janks works as a team. I can rely on my teammates to help me improve and also help serve clients.
What/who influenced you to join the firm, and how?
I was influenced greatly by [founding partner] David Green. David is an accomplished human being and I was very impressed by how he was able to be so successful professionally and personally.
What is your favorite quote that best describes your professional philosophy?
“Smart people learn from their mistakes; rich people learn from smart people’s mistakes.”
If I weren’t an accountant/consultant, I’d be a __________________. Why?
Professional money manager. Investment analysis is one my passions.
Farshad Yashar, CPA, CFA, has more than 25 years of tax experience with two major accounting firms. He has extensive experience in taxation of corporations, flow-through entities, financial products and real estate. His experience includes advising buy and sell-side clients with respect to tax aspects of mergers and acquisition transactions and corporate restructurings and taxation of executive compensation. Farshad also has substantial experience in taxation of flow-through entities including advising major private equity funds, hedge funds and other investment partnerships with respect to proper structuring and tax aspects of operating agreements.
Farshad is a graduate of California State University-Northridge where he received his Bachelor of Science degree in business administration. He has also received a master’s in business administration and a master’s in taxation. Farshad is a certified public accountant and holds the Chartered Financial Analyst® designation. He is a member of the American Institute of Certified Public Accountants and the CFA Institute.
Farshad and his wife reside in Brentwood with their three children. His personal interests include politics and tennis.
Favorite place in the world:
Classical music. Bach.
Favorite movie or book of all time:
Saving Private Ryan
One word that best describes me:
When I’m not working, you’ll catch me doing this:
Reading history of World War II.
Over the past two years, a number of high profiled transactions involved U.S. domiciled multi-national companies acquiring a foreign-based company resulting in the U.S.-based acquirer changing its domicile to the country of the foreign company that it had acquired. This is broadly referred to as an "inversion" transaction, which is the latest scrimmage in the corporate tax wars. Inversions have been popular among the multi-national companies with significant cash outside of the United States. […]
On Tuesday, February 26, 2014, House Ways and Means Committee chairman Dave Camp released his long-awaited draft legislation on tax reform. The draft is a 979 page report titled "Tax Reform Act of 2014." If enacted, the draft legislation would usher the single biggest overhaul of the tax code since 1986. The hallmarks of this draft legislation are to reduce the individual and corporate tax rates, reform the international tax rules and at the same time, simplify the overall system. It is very […]
Popular employer sponsored retirement arrangements allow an employee to redirect up to $17,500 of annual earnings into these qualified plans. Additionally, employers have an option to make matching contributions using it to boost employee retention and moral. However, according to a Fact Sheet released this week by the Treasury Department, approximately half of all workers and 75% of part-time workers lack access to employer-sponsored retirement plans. As a result, the Administration recently […]
The Treasury Department's inspector general for tax administration has estimated that the Internal Revenue Service issued between $11.6 billion and $13.6 billion in improper payments through its Earned Income Tax Credit (EITC) program for the fiscal year ended 2012. The EITC is a welfare program that is supposed to help low income families or individuals through a refundable income tax credit. In a report which was issued this past February 25th, […]