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Joseph Molloy, CPA, is a Tax Partner at Anchin and a key member of the Firm’s Architecture & Engineering and Construction Industry Groups. Joseph has 20 years of experience in public accounting and has extensive experience preparing tax returns for a variety of entities, including C-Corps, S-Corps, partnerships, individuals, and trusts. He has an especially strong understanding of code section 460 “special rules for long-term contracts”, which he uses to help clients create and maintain tax deferral strategies, thus enhancing their financial position. Through strategic tax planning, he has helped clients save significant tax dollars, helping them to improve cash flow and providing an additional source for funds for their business.

At Anchin, Joseph will help ensure that the firm’s A/E/C clients are taking advantage of all tax savings / deferral opportunities available to them, focusing on Federal and State Tax Credits, and accounting method options. He is proficient in all areas of tax including projection, preparations, reviews, and correspondence, with a strong focus on tax incentives such as the research and development credit, 179D and cost segregation studies.

Joseph is often engaged as a public speaker at banks, sureties and organizations and is a visiting professor at Columbia University. He is a member of the American Institute of Certified Public Accountants (AICPA); the New York State Society of Certified Public Accountants (NYSSCPA), where he previously served as Chair of the Construction Committee; and the New York Chapter of the Construction Financial Management Association (CFMA).

Joseph received his B.S. in Accounting from Queens College.