Biography

Vinay Navani, a Shareholder at WilkinGuttenplan, joined the firm in 1998. His client roster includes emerging and established businesses in the high-tech, software, life sciences and pharma industries as well as other closely-held businesses and business owners. He assists his clients on income tax planning and related matters such as business sales and restructuring, retirement plans, charitable giving strategies, tax audits and other topics.

Vinay devotes much of his practice to international tax matters including U.S. tax aspects of international business such as foreign businesses doing work in the U.S., U.S. businesses doing work abroad, transfer pricing and cross border mergers and acquisitions. Vinay assists mid-market multinational clients create and implement tax structures to minimize worldwide tax but at the same time are practical to operate. For foreign based businesses, Vinay and his team are often the first point of contact to steer clients through the different hurdles of doing business in the US giving these clients peace of mind that their businesses are tax compliant in the US.

For individuals, Vinay is well versed in tax issues relating to offshore bank account compliance such as the Foreign Account Tax Compliance Act (FATCA) and the IRS Streamlined Offshore Programs and assists global families plan their financial affairs across borders. . Vinay chairs the firm’s U.S. – India Practice Group. Vinay is a frequent speaker on these topics to other CPAs and the media in both the US and India.

Immediately prior to joining the firm, Vinay served as Technical Manager for the American Institute of Certified Public Accountants’. In this capacity, he provided tax research services as well as professional expertise to other Certified Public Accountants (CPAs). He was also previously a tax manager at an international CPA firm.

Licenses & Certifications:

  • CPA License: New Jersey
  • Chartered Global Management Accountant Designation (CGMA)

Professional and Civic Achievements:

  • Member of the New Jersey Society of Certified Public Accountants (NJCPA)
  • Member of the American Institute of Certified Public Accountants (AICPA)
  • Past President, Middlesex/Somerset Chapter of the New Jersey Society of Certified Public Accountants
  • Regular speaker on various tax and financial planning topics to other certified public accountants, business owners and the media
  • Author of several articles published in the Journal of Accountancy and the Practicing CPA
  • Former member of the editorial board of the Tax Advisor, the monthly publication of the American Institute of Certified Public Accountants
  • Former member of the Board of Directors of Ascend, formerly the National Asian American Society of Accountants

Education:

  • Vinay graduated with a Bachelor of Arts from University of Virginia, a Master of Business Administration from New York University and a Master of Science in Taxation from Temple University. He continues his education through attending and teaching regular CPE and educational seminars.

Q&A

What excites you most about the future of your industry?

How technology will change the way accounting is done in the future. We will have the ability to be more consultative to help our clients grow their business.

What motivates you?

The deep relationships I have with my clients. I am humbled by the trust they place in me and am grateful for the opportunity to advise them not only on technical tax issues but on much broader business and personal topics.

What’s your proudest professional achievement?

Becoming a partner at WilkinGuttenplan.

What advice would you give to the next generation of CPAs and Advisors?

Stay current with the news (and tmz.com doesn’t count) and know what is going on the world – it is important to be a good business advisor.

Practice Areas

Talk to Vinay