Marc A. Federbush
Partner, Leader of Anchin's Consumer Products Group
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 Consumer Products 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).
- Accounting and Auditing
- Compensation and Benefits
- Manufacturing and Distribution
- What Companies and Their Financial Partners Need to Know Related to the Paycheck Protection Program (PPP)March 17, 2021
Now that many companies are in the midst of preparing their financial reports for 2020, it is time to understand how banks will evaluate the PPP loans that may be included as liabilities on balance sheets at December 31, 2020. How will banks view PPP loans in light of an entity’s equity value and loan covenants?
- Brands and Retailers Will Discover More Fraud Schemes When Workers Return To OfficesMarch 8, 2021
Anchin's Consumer Products Group Leader Marc Federbush spoke about fraud in the pandemic environment in this Forbes piece.
- U.S. Retail Industry Experiences the Worst and Best of Times Amid COVID-19 PandemicNovember 19, 2020
In this article, Anchin's Marc Federbush shares the varying experiences that U.S. retailers have had during the COVID-19 pandemic, and how some companies have been able to adapt, innovate and persevere in the face of these challenges.
- U.S. Retail Industry Experiences the Worst and Best of Times Amid COVID-19 PandemicOctober 30, 2020
U.S. retail businesses have never faced challenges as severe as those of the past half-year, with the Coronavirus disease (COVID-19) pandemic massively disrupting the global supply chain of merchandise just as businesses sought to adapt themselves to the rise in e-commerce.
- Key Takeaways from Anchin's CPG Roundtable – Fashion CompaniesOctober 30, 2020
On Wednesday, October 21, Anchin hosted a virtual roundtable featuring professionals in the fashion industry discussing their experiences navigating through COVID’s unprecedented challenges, and providing insights into what the future may entail as we embrace the new “normal”.
- A Timely Message from Marc Federbush and Anchin’s Fashion GroupMay 26, 2020
In continuing to provide relevant and useful information with the fashion industry in mind, these pieces highlight M&A, which is widely predicted to bring about major, rapid changes in the fashion industry in the post-COVID landscape.
- An Update from Anchin's Fashion Group on PPP Loans and Other ReliefApril 23, 2020
The Fashion Group at Anchin encourages you to work with professionals that have a deep understanding of the CARES act, its updates and how they provide relief to fashion businesses.
- Thinking About Canceling on Your Factory? Here’s What You Need to KnowMarch 23, 2020
According to Anchin’s Marc A. Federbush, there’s no easy way to wrangle the thorny issue of cancelations.
- Marc Federbush at Crain's Middle-Market RoundtableDecember 23, 2019
In a recent roundtable discussion on middle-market business issues sponsored by City National Bank and the custom division of Crain’s New York Business, Anchin's Marc Federbush and executives from a range of industries weighed in on the challenges they’ve faced in 2019 and discussed the strategies they—and their clients—are using to navigate today’s uncertain corporate environment. They also revealed some of the strategies they’re using to protect their companies from what-if scenarios.
- The Impact of the New Revenue Recognition Standard for You and Your Consumer Products BusinessNovember 12, 2019
Resources from our 11/12 session covering the five-step model and industry specific considerations for Consumer Products companies.
- More than HistoriansOctober 1, 2018
Almost by definition, most accounting firms are historians, simply reporting the results of a client’s recent past. But that’s not even half the job, according to Marc Federbush, leader of the Fashion Group at New York City-based accounting and advisory firm Anchin.
- 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.