Overview

Marc Federbush, CPA, CGMA, is an accounting and audit partner at Anchin with more than 30 years of experience servicing the accounting, business, and financial needs of fashion companies.

As leader of the Firm's Fashion Group, Marc's practice focuses primarily on the apparel and textile industry. His clients range from aggressively growing companies to well-established companies and his knowledge of the business, accounting and tax practices of the industry makes him a sought after resource.

Marc has assisted many clients in business planning and analysis, mergers and acquisitions, and sales of companies. He routinely consults to businesses and their owners, advises individuals and businesses on federal and state tax matters, and works with individuals and their advisors on estate planning matters. He has directed due diligence services in connection with the acquisition of manufacturers and distributors and formulated the related tax strategies.

Marc is a member of the American Institute of Certified Public Accountants (AICPA) and the New York State Society of Certified Public Accountants (NYSSCPA).

Expertise

• Accounting and Auditing
• Compensation and Benefits

Industry Focus

• Fashion
• Manufacturing and Distribution

Resources

News

• 
  Tax Cuts and Jobs Act Will Greatly Impact Consumer Product CompaniesFebruary 1, 2018

  The Tax Cuts and Jobs Act (TCJA), which was signed into law on December 22, brings many changes to the tax landscape in which consumer product companies operate. Here are the most important changes in the new law that will impact your business.

• 
  Permanent R&D Tax Credit - A Perfect Fit for U.S. Businesses in the Apparel IndustryJanuary 20, 2016

  On December 18, 2015, President Obama signed into law The Protecting Americans from Tax Hikes Act (PATH) of 2015.

• 
  Your Health Insurance Company May Ask for Your Social Security NumberOctober 8, 2015

  Your health insurance company may request that you provide them with the social security numbers for you, your spouse and your children covered by your health insurance policy.

• 
  Trade Preferences Extension Act: What Does it Mean for Your Company?July 9, 2015

  On June 30, 2015, the President signed the Trade Preferences Extension Act ("The Act") into law. The Act will renew the Generalized System of Preferences (GSP), which provides duty-free treatment for selected goods from "beneficiary developing countries," such as Brazil, India, etc.

• 
  Identity TheftJanuary 14, 2015

  Identity thieves stole an estimated $5.2 billion from the Internal Revenue Service (IRS) this past year. The threat of identity theft and refund fraud has increased substantially over the past few years.