Phil London, CPA, MBA
Partner Emeritus, Tax
With 40 years of public accounting experience, Phil London is a valued partner emeritus. Phil brings unique expertise to The Tax Services Group regarding federal, state and local, business, and personal taxes. His deep knowledge of the law informs his work in estate and income tax planning for high net worth individuals, including the use of various types of trusts to maximize overall family wealth.
A valued and trusted business advisor, Phil consults with clients on the structuring of prenuptial and divorce agreements, tax planning for real estate transactions, tax-free exchanges, and business transactions dealing with sales, acquisitions and reorganizations.
A respected industry leader, Phil speaks on various topics including economic development incentives, mergers and acquisitions, and state, local and multistate income and sales tax matters. As former Chair of the NYSSCPA New York, Multistate, and Local Tax Committee, he has extensive contacts with tax professionals and administrators throughout the U.S. Phil currently serves on the NYSSCPA Legislative Task Force and is also the Chair of the Tax Division Oversight Committee and is on the Board of Directors of the NYSSCPA.
He’s also a valued source for media including The Wall Street Journal, Crain’s New York Business, Inc. Magazine and various professional publications.
MBA – Taxation
St. John’s University and Member of Beta Gamma Sigma
Certified Public Accountant in New York
American Institute of Certified Public Accountants – Tax Section
New York State Society of Certified Public Accountants – Member of the Board of Directors, Legislative Task Force, Chair of the Tax Division Oversight Committee and Former Chair of the NYS, Multistate, and Local Taxation Committee.
NYS Tax Appeals Tribunal Advisory Panel
Phil is an avid cyclist and enjoys going on long bike rides. He also appreciates the far more comfortable seats at Lincoln Center as a subscriber to The Metropolitan Opera and The New York Philharmonic. He takes pleasure in his NYC lifestyle, walking to a favorite restaurant with his wife. Phil is active on Twitter, gathering the latest news from a wide variety sources to keep the firm’s knowledge base sharp. Follow Phil’s handle, @PJLCPA to receive up-to-date State and Federal tax information.
Phil’s accomplishments include using his knowledge and experience to provide cost savings opportunities to clients. In a particular instance, a new client asked for a review of prior accounting records and documents before making an acquisition. Upon evaluating the documentation, Phil discovered accounting errors that eventually saved his client $2 million in tax.
How do you interpret the secret to happiness?
Commit to honesty with myself and others. At the same time, don’t take yourself too seriously.
That one moment when you caught yourself saying something your parents would say and you swore you would never use it.
I don’t care what your friends parents are letting them do, you’re not doing it.
What is the best professional advice someone ever gave you and you still live by?
Always double check the law and don’t depend on your memory.