John Ingrassia, CPA, is a Tax Partner at Anchin as well as a member of the Firm’s Consumer Products Group. His primary areas of focus include consumer products, manufacturing and distribution, food and beverage, fashion, and technology.
John has more than 25 years of experience, including more than a decade at Big 4 accounting firms. He offers expertise in tax consulting, mergers & acquisitions tax planning, tax structuring, and tax due diligence. He provides a broad range of services for both businesses and the individual owners of businesses including compliance, consulting, and tax planning. John also offers significant technical knowledge, including advising, reviewing, and preparing tax provisions under ASC 740 (formerly FAS 109) for financial statements as well as advising, implementing, and disclosing companies' uncertain tax positions.
John is a member of the American Institute of Certified Public Accountants (AICPA) and the New York State Society of Certified Public Accountants (NYSSCPA), serving on the C Corporation Committee. John also serves on the Turnaround Management Association Board of Directors and is a member of the Accountant/Attorney Networking Group (AANG).
- Tax Planning and Compliance
- Food and Beverage
- Manufacturing and Distribution
- Avoiding Double Taxation from Selling a C-Corp – Not Easy but PossibleOctober 15, 2018
When the owner of a C-Corporation sells their business for a profit, the profits will be taxed twice: once at the corporate level and again when money is distributed to the owner/shareholders as a dividend. However, in some circumstances there may be a way to avoid the double taxation. It’s a difficult strategy to pull off but could be possible under the right conditions.
- New Tax Law Provides Potential Deferral Opportunity for Equity Compensation Granted by Privately Held CompaniesMarch 9, 2018
The recently passed Tax Cuts and Jobs Act has attempted to cure a common problem that employees of privately held companies encounter when certain types of equity compensation convert and become income.
- 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.
- Tax Cuts and Jobs Act Will Greatly Impact Food & Beverage CompaniesJanuary 22, 2018
The Tax Cuts and Jobs Act (TCJA), which was signed into law on December 22, brings many changes to the tax landscape that emerging brands operate in. Here are the most important changes in the new law that will impact your business.
- Taxes for LLC vs. C-Corp: Which is more beneficial for a Technology Company?December 14, 2017
When making the decision about the type of entity you will choose for your business, there are many factors that need to be considered. Whether it is legal structure and liability, current and future tax implications, set up and compliance costs, or flexibility and exit strategy, there are a variety of elements which will help guide the decision.