Anchin’s Tax Controversy Services Group provides business tax, personal income tax, sales and use tax and other tax controversy services.
Our experts are dedicated to resolving tax disputes within federal, state and local jurisdictions in the most effective and efficient manner possible. We provide an objective viewpoint on tax law to better navigate a complicated and often emotionally charged situation. Our role is to manage the tax audit process with the minimal amount of pain, potentially minimizing your exposure and costs.
Our credibility with tax authorities allows us to successfully resolve issues for clients. Anchin’s extensive knowledge of tax codes and regulations in numerous jurisdictions coupled with our insight and audit experience enable us to represent your tax positions and secure a positive outcome. As an accounting and advisory firm, rather than a law firm, we are best equipped to manage tax controversies from a comprehensive accounting and business perspective.
Anchin’s team provides rare insight into best practices and strategies, with former New York State staff. We understand the taxing authorities’ viewpoint, providing clients with the best advice possible.
- Responsible party defense
- Offers in compromise
- Representation before federal, state and local taxing authorities
- Voluntary disclosure filing
- Tax audit representation and tax controversy resolution
- Penalty abatement and negotiations
- Release of levies and liens
- Penalty and interest abatement requests
- Audit defense
- Deferred payment arrangements
The Anchin Touch
Our in-depth knowledge of IRS practice and procedures has allowed us to have a successful track record of solving client controversies.
We work with a wide range of businesses from entrepreneurial startups to large corporations to design solutions to best fit their business needs. Anchin keeps current on ongoing changes in tax laws and regulations in a wide variety of jurisdictions so we are well positioned to create tax saving opportunities for our clients.
At Anchin, we are more than accountants and tax specialists and pride ourselves on offering comprehensive business advisory and consulting services. Thus, we are able to provide tax advice within the context of your overall business objectives, integrating a tax compliance strategy into your business processes to help you prosper and remain profitable.
We work closely with clients to establish strong relationships, developing a thorough understanding of their business to enable them to achieve their immediate and long-term business goals.
- Essential Tax Considerations for Cannabis InvestorsDecember 15, 2021
While the opportunities presented by investing in early-stage state-legal marijuana businesses may be apparent, there are risks associated with participation in an industry that is simultaneously illegal for federal purposes and legal in many states. This unique dichotomy between federal and state laws has become the new frontier in tax compliance and enforcement. Evolving marijuana laws present a moving target. Here are some key aspects of the current tax laws and their complexities from both a federal and state perspective of which investors need to be aware.
- Are You Paying Tax on Someone Else’s Money?November 22, 2021
Right now, countless businesses are holding onto and paying taxes on unclaimed property that actually belongs to their customers, employees or vendors. Thankfully, there are ways for businesses to avoid this harmful error.
- What You Need to Know About Remote Work and Sales TaxOctober 19, 2021
We discuss some of the obstacles companies with remote employees confront when addressing their sales tax obligations in states in which they have not previously operated.
- New Jersey Businesses Eligible for $40,000 to Train New HiresOctober 11, 2021
New Jersey Governor Phil Murphy recently announced that the state will be launching the Return and Earn program, an initiative that will provide wage reimbursements to New Jersey employers who hire applicants with identifiable skill gaps. Eligible businesses will be reimbursed for 50% of the wages paid to these New Jersey residents during the employer-provided training period. Employers can receive up to $40,000 ($10,000 for each of four potential employees) over a 6-month period.
- Is it Possible to Remain a New York Domiciliary Without Paying New York Income Tax?September 9, 2021
One of the major lessons the U.S. workforce learned from the COVID-19 pandemic is that people can work from anywhere. With a simple internet connection, many employees can do their jobs from virtually any location in the world – a vacation home, a medieval European city or even a tropical paradise. For New York residents, telecommuting from a different location often offers little change in their state tax obligations. New York’s sweeping tax laws apply to all income earned by residents regardless of their remote working status. In fact, New York’s wide tax net employs two separate tests – the statutory residency test and the domicile test – to determine if a taxpayer is a resident of the state and therefore subject to state tax on all their income.
- Potential Benefits for California Pass-Through Entities (PTEs) as State Implements SALT WorkaroundAugust 10, 2021
California has joined the growing list of states that are implementing new Pass-Through Entity (PTE) taxes as a workaround to the federal state and local tax (SALT) deduction cap of $10,000. The new law applies to S corporations, as well as partnerships and limited liability companies, which were initially left out of the proposed legislation. For tax years beginning on or after January 1, 2021, and ending on December 31, 2025, entities will be paying an entity-level tax on the electing owners’ income, for which they are granted a full credit against their personal California income tax liability. The PTEs are entitled to a federal deduction for the payment of the California tax.
- Employee versus Independent Contractor Misclassification: A Costly Post-Pandemic MistakeJuly 22, 2021
As the U.S. economy continues to recover, many businesses are increasing employment to pre-pandemic levels. However, according to various surveys, job seekers across a variety of industries are now prioritizing flexible work arrangements, including part-time and telecommuting opportunities. There seems to be a strong sentiment against the more traditional “in-office, nine to five” career. While many businesses appear to be adapting to the workforce’s desires, these new employment models raise concerns with respect to employment classification, specifically employees versus independent contractors.
- Is There Any End in Sight for the IRS Backlog of Tax Returns and Refunds?May 10, 2021
As the May 17, 2021 tax deadline quickly approaches, the Internal Revenue Service (IRS) is struggling to catch up with the tremendous backlog of returns and other correspondence submitted since the start of the COVID-19 pandemic. According to the IRS’ Taxpayer Advocate Service, the agency is holding onto approximately 31 million tax returns, including amended returns and net operating loss carryback refund claims, for processing. This backlog has grown by about 2 million since last month alone.
- New York State’s Tax Increase: What High Earners Need to KnowApril 8, 2021
Taxes are going up for New York’s highest earners.
Legislation passed Wednesday raises income-tax rates on single filers with more than about $1.1 million of income and joint filers reporting more than about $2.2 million. The changes mean top earners in New York City will be subject to the highest combined local tax rate in the country.
- What Is a Limited Liability Partnership?September 21, 2020
LLP STANDS FOR LIMITED liability partnership. As the name suggests, an LLP provides its members with a degree of liability protection, shielding them and their personal assets.
- Key Tax Considerations When Deciding to Make a Pandemic Re-location into a Permanent Move May 28, 2020
Many of you have vacated your homes in the New York City area and other high-traffic areas in response to the COVID-19 outbreak. Now, phased re-openings and a slow return to normalcy bring a lot of questions about the end date for what was expected to be a short-term re-location. As a result, many of you are thinking of staying where you are and wondering if there could be tax benefits to doing so.
- NYS Sales Tax Filing and Payment Extension Deadline ApproachesMay 8, 2020
Quarterly and annual New York State sales tax vendors who were unable to file or pay March 20, 2020 sales tax returns due to the COVID-19 outbreak must file these returns and make payments by May 19, 2020. Some may be eligible to have penalties and interest waived, but penalty abatements must be submitted for approval and are not automatic.
- Changes to the Philadelphia and the State of Pennsylvania Nexus LawFebruary 6, 2020
The state of Pennsylvania is using the Wayfair v. South Dakota decision as precedent to announce that, effective tax years beginning January 1, 2020, corporations that don’t have a physical presence in the state, but have $500,000 or more in gross receipts sourced to the state, will have nexus for Pennsylvania corporate net income tax and will be required to file an income tax return. This is the first time Pennsylvania has imposed corporate net income tax based solely on economic nexus.
- States Modify Thresholds for Tax Filing Requirements (Oregon, Washington, Ohio, Texas and Massachusetts)February 3, 2020
The states of Oregon, Washington, Ohio, Texas and Massachusetts have made modifications to their thresholds and tax filing requirements.
- Wayfair State Threshold Updates for 2020January 6, 2020
There are far-reaching impacts of the Wayfair decision that continue to evolve as individual states modify their laws. Provided here is an update for 2020 of the state thresholds required to register and collect sales tax in light of the Wayfair decision.
- Westchester County Increases Sales and Use Tax RateJuly 29, 2019
Starting August 1, 2019, local sales and use tax in Westchester County, New York will increase by 1%, from 3% to 4%.
- Details of N.J. Amnesty Program Announced for Eligible TaxpayersNovember 20, 2018
As part of the New Jersey state budget signed by Governor Murphy on July 1, 2018, an amnesty program was announced that will offer delinquent taxpayers an incentive for paying previously unpaid taxes from prior years. This program is for income, motor fuels, sales, corporate business as well as estate and inheritance taxes. The ninety day period for the amnesty program runs from November 15, 2018 through January 15, 2019.
- Will the Increasing Focus on Raising Tax Revenue with Gross Receipts and Excise Taxes Impact You?November 7, 2018
Now privy to information from outside third parties, some states and localities are taking increasingly aggressive approaches in raising revenue with such taxes. Below, we profile
- Five Things to Consider Regarding a Second Residence in the Big AppleSeptember 27, 2018
New York can be a magical city, and many people dream of making the Big Apple their forever home. Yet for those that want to enjoy the city on a part-time basis, there are a number of things to consider to make sure the decision is appropriate. This piece highlights five.
- Congress Introduces New Sales Tax LegislationSeptember 21, 2018
Congressmen on both sides of the aisle recently introduced legislation to address the Supreme Court’s decision regarding sales tax and physical presence nexus in South Dakota versus Wayfair. The Wayfair decision allows states to require businesses to register and collect sales tax even though no physical presence in the state.
- Effective 10/1/18: Sales and Use Tax Collection Changes for Additional StatesSeptember 13, 2018
Since the U.S. Supreme Court’s recent ruling in South Dakota v Wayfair Inc., additional states have released guidance on the treatment of sales and use tax, effective 10/1/18.
- Effective 7/1/18: Sales and Use Tax Collection Changes for Vermont and KentuckyJuly 2, 2018
Since the U.S. Supreme Court’s recent overturning of Quill Corp. v. North Dakota, Vermont and Kentucky have released guidance on the treatment of sales and use tax, both of which went into effect on July 1, 2018.
- Supreme Court Opens Door to Taxation of Online SalesJune 26, 2018
In a much-anticipated ruling that confounded the expectations of many court watchers, the U.S. Supreme Court has given state and local governments the green light to impose sales taxes on out-of-state online sales. The 5-4 decision in South Dakota v. Wayfair, Inc. was met by cheers from brick-and-mortar retailers, who have long believed that the high court’s previous rulings on the issue disadvantaged them, as well as state governments that are eager to replenish their coffers.
- Supreme Court Overturns Significant Wide Reaching Tax RulingJune 21, 2018
In one of the most groundbreaking tax events in decades, the U.S. Supreme Court overturned Quill Corp. v. North Dakota, a 1992 decision pertaining to the collection of use tax. Now, retailers can be required to collect sales and use tax, even in states in which they lack a physical presence.
- Attention Amazon Vendors – Changes to Sales Tax Collection Policy in WA, MA and NYJune 19, 2018
Online retail giant Amazon reached an agreement this year with the states of New York, Washington and Massachusetts that may affect many of the site’s sellers and vendors from a sales tax perspective.
- South Dakota v. Wayfair Inc. May Significantly Change How Retailers Collect Sales TaxJanuary 17, 2018
It is no secret that there has been a dramatic change in the system of collection of sales tax in the United States in recent years, partially due to trends such as online shopping. A recent court case that could dramatically change the laws on sales tax and have a potentially significant impact on businesses and consumers is progressing through the judicial system.
- Sales Tax on Foreign Purchases for New YorkersDecember 6, 2017
Understanding the full extent of tax obligations, especially given the complex and ever-changing rules governing New York, can be complicated. To ensure that all tax
- Sales and Use Tax Exemptions Extended for Certain Property and Service Purchases for Leased Commercial Office Space in Lower ManhattanSeptember 19, 2017
Amendments have been made to the Tax Law that will extend tax incentive opportunities for businesses that locate or relocate offices in lower Manhattan.
- Tax Debt Could Cost You Your PassportMarch 7, 2017
Barry Weisman, Tax Partner, guides us through the process to that extreme eventuality.
- The Government is Holding Millions in Unclaimed Retirement MoneyFebruary 7, 2017
Barry Weisman, Tax Partner, illustrates how searches in the wrong state can leave large retirement accounts unclaimed.
- Protect Yourself Against Scams This Tax SeasonJanuary 31, 2017
Tax-payers are encouraged to be extra vigilant this year about IRS scams. Despite a raid in October 2016 in which 70 people in an international call center were charged with fraud, tax scams remained the most common type of scam last year according to a report by the Better Business Bureau (BBB).
- Avoid Letting Two Homes Become One Big Problem at Tax TimeJanuary 31, 2017
Having a second home can be a source of joy and relaxation, yet it can also increase stress, especially to future tax bills if households are not careful.
- What You Need to Know About Sales and Use TaxDecember 13, 2016
An increasing amount of building owners and management companies are being audited by states for Sales and Use tax compliance. These audits are resulting in firms being assessed for thousands of dollars in taxes, interest, and, in some instances, penalties.
- Tips to Avoid IRS Phone Scams: What You Need to KnowJune 9, 2016
On Friday, May 20th, the Internal Revenue Service (IRS) sent an internal memo directing all IRS employees to no longer initiate contact with taxpayers by phone. With this in mind, if you get a call from someone claiming to be from the IRS – be wary and do not give out any personal information.
- NYS Art Collectors Under Scrutiny for Taxes on Shipped ArtMarch 2, 2016
Law enforcement and tax authorities have been closely investigating electronic records and tax returns for the buying and selling of art in New York State. Art collectors and intermediaries have come under close scrutiny as to whether they have been paying taxes, maintaining shipping records and providing invoices during the sales process.
- Oregon January 1, 2020 Nexus Changes
The new Corporate Activity Tax (CAT) is imposed on businesses for the privilege of doing business in this state, applicable to tax years beginning January
- Washington January 1, 2020 Nexus Changes
Washington State imposes a Business and Occupation (B&O) tax which is a gross receipts excise tax. It is measured on the value of products, gross proceeds
- Ohio January 1, 2020 Nexus Changes
An out-of-state person is only required to register and pay the CAT if that person has bright-line presence in Ohio. A person has bright-line presence
- Texas January 1, 2020 Nexus Changes
Tax Rates, Thresholds and Deduction Limits Franchise tax rates, thresholds and deduction limits vary by report year. Use the rate that corresponds to the year for