Brian Lovett is a tax partner based in Withum’s East Brunswick office and is a certified public accountant in the states of New Jersey and Pennsylvania.
He has extensive experience serving the tax needs of both public companies and closely-held businesses, including all aspects of tax compliance for partnerships and corporations. He is licensed to practice law in the state of New Jersey.
Brian advises clients with regard to the structure and tax consequences of new business ventures and assists with restructuring existing businesses for increased tax efficiency. Prior to joining Withum, he was with a “Big 4” accounting firm, working closely with large, multinational real estate investment companies.
Active in his community, Brian serves on the board of directors of Big Brothers/Big Sisters of Mercer County and the Lawrence Township Education Foundation. He resides in Mercer County, NJ.
Learn more about my professional experience and how I spend my time outside the firm.
Education:
Professional Affiliations:
Filing a Form 8996 by mistake has, until now, followed an entity indefinitely. Proposed regulations issued on September 11, 2026, would let an entity that inadvertently elected to self-certify as a Qualified Opportunity Fund revoke that election, but only where no qualifying investment in the entity was ever made. Outside that single fact pattern, the…
Partnership capital accounts serve as a running record of each partner’s ownership in the business, showing how much value they’ve contributed and earned over time. These accounts track initial and ongoing capital contributions, each partner’s share of profits and losses, and any distributions received. This FAQ is designed to break down these concepts in a…
Navigating the complexities of real estate development accounting can be challenging, especially with frequent changes in tax laws and incentives. This FAQ is designed to provide clear, up-to-date answers to the most common questions developers face when deciding whether to expense or capitalize costs. Whether you’re a small business or a large enterprise, you’ll find…