Thomas D. O’Rourke, CPA

Tax Partner

With Haskell & White since: 2002

Thomas has over 25 years of experience in public accounting. Prior to joining Haskell & White, Tom worked for both national and local CPA firms, including Ernst & Young, where he spent 7 years specializing in tax minimization for the real estate, hospitality and construction industries.

Throughout his career, Tom has worked principally with middle market, pass-through entities and has provided innovative tax planning and other specialized services for public and privately held companies, primarily servicing the real estate industry.

Tom’s understanding of the business and tax implications enables him to successfully navigate through each phase of a real estate business cycle. He works with each client throughout every phase of their business development, from establishing a new entity, operating a real estate business, and when the time is appropriate, designing an exit strategy that encompasses their objectives.

Tom designed and presented a technical training session for Law Seminars International on special partnership tax issues in today’s economy. He also writes articles on real estate tax issues, such as restructuring real estate debt and swap-and-drop transactions. He has been interviewed and quoted for expertise in Bloomberg and NREI Online.

Industries & Areas of Specialty:
  • Real Estate & Construction
  • Venture Capital – Acquisitions, Dispositions, and Operational Tax-Efficient Structures
  • Transaction Consulting
  • Succession Planning
  • Estate & Trust Taxation
  • High Net Worth Taxation
Industry and Professional Affiliations:
  • American Institute of Certified Public Accountants (AICPA)
  • NAIOP
  • California Society of Certified Public Accountants (CalCPA)
  • University of California, Irvine Center for Real Estate (Advisory Panel)
Education:
  • San Diego State University – B.S. in Accounting
  • Golden Gate University – Masters in Taxation
Community Involvement:
  • Pediatric Cancer Research Foundation – Treasurer (fmr.)
  • Irvine Travel Softball Association – Board of Directors (fmr.)
  • Irvine Travel Softball Association – Volunteer Coach
  • Pony Baseball – Volunteer Coach

 

“Leadership means having access to our partners. From formation to operations to exit strategies, our real estate clients can tap into the power of a Haskell & White partner who specializes in their business.”

Posts by Thomas O'Rourke

PPP Loan Forgiveness Update – IRS Doubles Down on Unfavorable Taxpayer Treatment

Last May, we shared with you the release of IRS Notice 2020-32 which provided initial guidance that expenses paid from PPP proceeds allocable to a forgiven portion of the loan will not be deductible and its position being inconsistent with bipartisan publicly stated positions.  Chairman Grassley (R) of the Senate Finance Committee and his counterpart Read more...

PPP Loan Amounts under $2 million Meet Good Faith Requirements

The Treasury Department continues to update a list of frequently asked questions regarding the CARES Act including the Payroll Protection Program (PPP). Recently we informed you of an update that instructed borrowers of the PPP loan to certify in good faith that their PPP loan request was needed under a new standard. What followed was Read more...

Treasury Provides New Standard for PPP Loan “Good Faith” Certification

The Treasury Department continues to update a list of frequently asked questions regarding the CARES Act including the Payroll Protection Program (PPP). A recent update instructs borrowers of the PPP loan to certify in good faith that their PPP loan request was needed under a new standard: 31 & (37) Question: Do businesses owned by Read more...