Anish Shah, CPA, is an audit partner at Anchin, Block & Anchin LLP with more than 20 years of experience in public accounting. More than 17 of those years have been spent at Anchin where Anish focuses on providing a range of accounting, business and consulting services. He specializes in accounting and tax services within Anchin’s Construction Industry Group as well as their Architecture & Engineering Industry Group.
Anish works with clients in the A/E/C community, overseeing some of the most complex audits at the firm. Anish recognizes issues early on in the process and develops effective solutions; he offers clients a hands-on approach and assists them in improving accounting controls and business plans, in addition to financial and budget plans. Anish also advises clients on tax issues, including compliance, planning and tax provisions. He is experienced with the reporting and information available from Deltek and other industry accounting programs.
Anish represents clients in various industries ranging from architectural & engineering, public relations, fashion, compensation & benefits, construction and manufacturing & distribution.
- Accounting and Auditing
- Architecture and Engineering
- Manufacturing and Distribution
- Public Relations and Advertising
- An Overlooked Tax Benefit for Construction Firms: Business Interest Limitation ChangesMay 13, 2020
The Tax Cuts and Jobs Act (TCJA) of 2017 was generally a taxpayer-friendly legislation for the business community. However, there were several provisions in that Act that were implemented as revenue raisers to partially offset the cost of those tax breaks. One of those revenue raising provisions was the business interest expense limitation. This limitation can potentially impact construction companies of all entity types. The recently passed Coronavirus Aid, Relief and Economic Security (CARES) Act modified and increased the existing 30% business interest limitation to 50% for the years beginning with 2019 and 2020. For partnerships, this will not apply to years beginning with 2019, but only for 2020.