I welcome you to this site focusing on tax
planning for golf, real estate development and private for-profit club
owners, investors and operators. After over 30 years providing tax advisory
services to the real estate industry within the structure of the "Big 4"
(formerly "Big 8", "Big 5", and now perhaps the "Final 4") accounting firms,
I look forward to the opportunity to provide tax advisory services from
within a more intimate, personal and flexible structure.
William E. Ellis, CPA
Bill has been Ernst & Young's Midwest Director of Real Estate Tax Services
and KPMG's National Director of Tax Services for the Golf Industry Practice.
He formulated, organized and led KPMG's engagement with the National Golf
Course Owners Association (NGCOA) Depreciation Initiative that was successful
in obtaining a formal published Revenue Ruling (2001-60) allowing
depreciation of certain golf course land improvements. These efforts, which
encompassed more than two years, included numerous tax issues affecting the
industry as outlined in the IRS' proposed Audit Techniques Guide for the
Golf Course Owner, Developer and Club Industry. Bill has focused his
practice within this industry on a national basis since 1999 advising
clients from Hawaii to Massachusetts with developments in the U.S., Bahamas,
Mexico and Turks & Caicos.
Bill has a broad tax background encompassing all types of real estate
developments and transactions. Bill has long-term business relationships with several local and regional firms which can be accessed for complex or large staffing engagements. In addition, he has an intimate knowledge of specific
capabilities that can be accessed from KPMG or Ernst & Young on a fee basis,
Bill is a regular faculty member of several golf & resort development
conference and seminars including the CLE International Golf & Resort
Conference and the Urban Land Institute's Developing Golf
Courses and Communities Conference.