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Steven Bokiess
CPA, Partner
One Liberty Plaza
165 Broadway, Floor 21
New York, NY 10006
p 212.897.6427
f 212.842.7001
165 Broadway, Floor 21
New York, NY 10006
p 212.897.6427
f 212.842.7001
Steven Bokiess is a partner at Friedman LLP in the real estate group with more than 25 years of experience. He leads the firm's Qualified Opportunity Zone Consulting practice and specializes in advising prominent real estate organizations involved in a wide range of properties. Steven also brings extensive expertise to the financial arena. Previously, he spent nearly 10 years as a partner in the hedge fund practice of a Big 4 firm.
Expertise
Steven has an extensive background providing tax consulting and compliance services to a variety of real estate and asset management clients, including REITs, real estate partnerships, private equity funds, hedge funds, investment advisors, broker/dealers and mutual funds.
Steven is an instructor in continuing professional education programs with a course emphasis on real estate and asset management tax. As a thought leader, he has also given presentations at tax seminars for hedge fund conferences.
His expertise includes:
- Consulting with organizations on entity structuring alternatives to ensure maximum tax efficiency
- Providing tax consulting on complex Subchapter K partnership matters and Subchapter S corporate matters
- Advising on transfer pricing and international structuring to minimize tax burdens
- Consulting on state and local tax planning to ensure compliance and minimize tax burdens
- Representing clients before taxing authorities on a host of tax issues
- Providing ongoing tax advice throughout the business and economic cycles on operational matters
- Advising multibillion dollar real estate and hedge fund clients on approaches to optimize their financial holdings
Affiliations
- The American Institute of Certified Public Accountants (AICPA)
- The New York State Society of CPAs (NYSSCPA)
- The Illinois CPA Society (ICPAS)
Insights & Events
- January 27, 2022 [Access Recording] Opportunity Zones — Tax Benefits for 2022 and Beyond
Major tax incentives for investing in Qualified Opportunity Funds (QOFs) remain in place, despite one of the smaller benefits expiring...
Read more - January 25, 2022 Opportunity Zones — Tax Benefits for 2022 and Beyond
Major tax incentives for investing in Qualified Opportunity Funds (QOFs) remain in place, despite one of the smaller benefits expiring...
Read more - July 20, 2021 Exit Planning Institute Greater New York Chapter Virtual Event
As sweeping changes to the tax code loom in the not-so distant future, our experts will dissect how the proposed...
Read more - March 29, 2021 [Webinar Recording]: Minimizing the Tax Consequences of Loan Workouts
As the real estate industry continues to struggle with economic challenges created by the pandemic, restructuring debt and leases can...
Read more
- January 27, 2022 [Access Recording] Opportunity Zones — Tax Benefits for 2022 and Beyond
Major tax incentives for investing in Qualified Opportunity Funds (QOFs) remain in place, despite one of the smaller benefits expiring...
Read more - March 29, 2021 [Webinar Recording]: Minimizing the Tax Consequences of Loan Workouts
As the real estate industry continues to struggle with economic challenges created by the pandemic, restructuring debt and leases can...
Read more - February 26, 2021 [Access Recording] Amplifying the Tax Benefits of Opportunity Zones
Watch this insightful discussion examining little-known techniques to leverage the Opportunity Zone (OZ) program to yield significant tax benefits. Uncover unique strategies that can drastically impact after-tax investment outcomes for those who already...
Read more - January 28, 2021 The IRS Extends Deadlines Again for Qualified Opportunity Funds and Investors
To meet the compliance requirements of the Qualified Opportunity Zone (“QOZ”) program, Qualified Opportunity Funds (“QOFs”) and their investors must...
Read more - January 26, 2021 [NEW Video Blog] Outlook From the Inside: Real Estate Loan Workouts
The real estate industry is rapidly adapting in response to the economic impact of COVID-19. Watch this new episode of Outlook from...
Read more - January 8, 2021 Steven Bokiess Quoted in S and P Global Market Intelligence
Friedman’s Steven Bokiess was featured in an exclusive interview regarding the potential changes to Qualified Opportunity Zones under the Biden administration. Bokiess states...
Read more - April 15, 2020 The Impact of COVID-19 on Qualified Opportunity Funds by Steven Bokiess
Steven Bokiess, a partner at Friedman LLP in the real estate group and leader of the firm’s Qualified Opportunity Zone...
Read more - February 14, 2020 Qualified Opportunity Zones: Final Regulations Explained
Qualified Opportunity Zones (QOZ) were first introduced as part of the Tax Cuts and Jobs Act and provide significant tax...
Read more - June 26, 2019 QOZ Webinar Recording: Actionable Guidance from the Latest Opportunity Zone Regulations
Since the creation of Qualified Opportunity Zones (QOZ) under the Tax Cuts and Jobs Act, the excitement surrounding this powerful...
Read more - May 31, 2019 A Guide to the IRS’ Recent Proposed Regulations for Qualified Opportunity Funds
Under the Tax Cuts and Jobs Act ("TCJA"), Congress sanctioned qualified opportunity zones ("QOZs") as a tax incentive to promote...
Read more - March 12, 2019 Opportunity Zones: 8 Questions with Friedman's Steve Bokiess
Qualified Opportunity Zone Practice Leader, Steve Bokiess recently sat down with the Philadelphia Business Jornal to discuss common questions related to the...
Read more - February 25, 2019 Long Island Business News' Opportunity Zone Panel
Friedman's Qualified Opportunity Zone Practice Leader, Steve Bokiess was joined by industry experts for an insightful panel discussion on one of...
Read more - February 5, 2019 Opportunity Zones: Profit Potential In Underdeveloped Areas
Qualified Opportunity Zone Practice Leader, Steve Bokiess, was featured in an article by Crain's New York Business regarding the high...
Read more - February 1, 2019 [Video Series] Unraveling Tax Reform -- Opportunity Zones
Watch the second episode in this exclusive series featuring Steven Bokiess, CPA, Partner for ways to reap tax advantages by investing...
Read more - January 28, 2019 [Watch Now] Opportunity Zone Webinar Recording
In response to growing questions surrounding this new, complex investment strategy, Friedman's Qualified Opportunity Zone Consulting Practice presented an informative webinar to...
Read more - January 24, 2019 Outlook From the Inside: Tax Benefits of Investing in Opportunity Zones
In response to the significant buzz surrounding Qualified Opportunity Zones (QOZ), Friedman's QOZ Practice Leader, Steven Bokiess, shared expert insights...
Read more - January 24, 2019 Qualified Opportunity Zone Podcast with Commercial Property Executive
With 8,700 Qualified Opportunity Zones ("QOZ") covering the United States, now is the time to understand how you can take advantage...
Read more - January 22, 2019 Minimize Your Capital Gains Tax With Qualified Opportunity Zones
Friedman's Steven Bokiess shares how you can minimize capital gains tax using Qualified Opportunity Zones under the Tax Cuts & Jobs...
Read more - December 18, 2018 Friedman LLP Launches Qualified Opportunity Zone Consulting Practice
New York — December 18, 2018 — Top 50 accounting and advisory firm, Friedman LLP, expands its dynamic service offerings...
Read more - December 13, 2018 Steve Bokiess on Qualified Opportunity Zones
Steve Bokiess, Partner and Leader of Friedman's new Qualified Opportunity Zones Consulting practice presented on the topic of Qualified Opportunity...
Read more - October 26, 2018 Deferring Capital Gains When Selling Real Estate: Qualified Opportunity Zones vs. 1031 Exchanges
Opportunity Zone Funds, a feature of the 2017 Tax Cuts and Jobs Act (“TCJA”), allow investors significant tax breaks on...
Read more - October 8, 2018 Webinar Recording: Navigating the New 199A Tax Guidance
The IRS recently released the highly anticipated proposed regulations for Section 199A deductions. For self-employed individuals and pass-through entities, these...
Read more - June 28, 2018 New Restrictions to 1031 Exchanges Under the New Tax Law
Under the Tax Cuts & Jobs Act (“TCJA”), new restrictions to 1031 like-kind exchanges limit property owners' ability to defer...
Read more - May 31, 2018 Get in the Opportunity Zone:
Qualified Opportunity Zones, a feature of the 2017 Tax Cuts and Jobs Act (TCJA), are rapidly taking shape and may...
Read more - December 8, 2017 Jeffrey Resnick, CPA and Steven Bokiess, CPA Join Friedman LLP as Partners
Friedman LLP is pleased to announce that Jeffrey Resnick, CPA and Steven Bokiess, CPA have joined the firm’s New York...
Read more
- January 25, 2022 Opportunity Zones — Tax Benefits for 2022 and Beyond
Major tax incentives for investing in Qualified Opportunity Funds (QOFs) remain in place, despite one of the smaller benefits expiring...
Read more - July 20, 2021 Exit Planning Institute Greater New York Chapter Virtual Event
As sweeping changes to the tax code loom in the not-so distant future, our experts will dissect how the proposed...
Read more - March 25, 2021 Building Up Your Business During Economic Distribution: Minimizing the Tax Consequences of Loan Workouts
As the real estate industry continues to struggle with economic challenges created by the pandemic, restructuring debt and leases can...
Read more - February 24, 2021 Amplifying the Tax Benefits of Opportunity Zones
Tune in for an insightful discussion examining little-known techniques to leverage the Opportunity Zone (OZ) program to yield significant tax benefits. Uncover unique strategies that can drastically impact after-tax investment outcomes for those who...
Read more - June 25, 2019 [Webinar] Actionable Guidance from the Latest Opportunity Zone Regulations
Since the creation of Qualified Opportunity Zones (QOZ) under the Tax Cuts and Jobs Act, the excitement surrounding this powerful...
Read more - January 24, 2019 Qualified Opportunity Zone Webinar
Under the Tax Cuts & Jobs Act, Qualified Opportunity Zones ("QOZ") emerged as a powerful tool for individuals and businesses...
Read more - October 4, 2018 [Webinar] Navigating the New 199A Tax Guidance: How It Impacts You
The IRS recently released the highly anticipated proposed regulations for Section 199A deductions. For self-employed individuals and pass-through entities, these regulations...
Read more
Outside the Office
When Steven isn’t providing front-running tax and accounting advise, you can find him enjoying the outdoors by taking long walks, cycling and traveling.