Richard W. Genetelli is the founder of the state and local tax consulting firm The Genetelli Consulting Group. Richard was previously with Coopers & Lybrand (now PwC) for twenty years, having been a partner for ten of those years. Richard was at the forefront of the state and local tax practice at Coopers & Lybrand, having served as the national and regional leader, before leaving to form Genetelli in 1991.
Richard is a member of both the New York State Society and American Institute of Certified Public Accountants. Richard is also a member of the New York Chamber of Commerce, Wall Street Tax Association, and Interstate Tax and State and Local Tax Committees of the New York State Society of Certified Public Accountants. In addition, Richard is on the Advisory Boards of New York University, Bloomberg BNA Tax Management Inc. Multistate Tax Portfolio Series, Multistate Tax Analyst and the Journal of State Taxation.
Richard has received the Outstanding Achievement in State and Local Taxation Award from New York University (2011), the Franklin C. Latcham Award for Distinguished Service in State and Local Tax from BNA Tax & Accounting (2010), the 25 Year Service Award from Pace University (2010), the Certificate of Excellence Award from BNA Tax Management (2002), the Distinguished Faculty Award from the Foundation for Accounting Education (multiple periods), and the Outstanding Discussion Leader Award from the New York State Society of Certified Public Accountants (multiple periods). Richard regularly co-chairs the New York University School of Continuing and Professional Studies Institute on State and Local Taxation (2015, 2014, 2012, 2010, 2008 and 2006).
Richard has authored numerous articles regarding state and local taxes, including Combined Reporting Developments and Controversies in New York (New York University Institute on State and Local Taxation), Intercompany Transactions Remain Front and Center for State Tax Developments (Bloomberg BNA Tax Management Weekly State Tax Report), New York State Tax Appeals Tribunal Furnishes Extensive Unitary Business Analysis in ‘SunGard’ Reversal (Bloomberg BNA Tax Management Weekly State Tax Report), Inconsistent Decisions Based on Identical Facts Should Concern Companies About Nexus and Nonfiling Exposure (Bloomberg BNA Tax Management Weekly State Tax Report), New York State Residency Audits: Hot Issues and What Auditors Look for in Determining a Taxpayer’s New York Residency Status (Bloomberg BNA Tax Management Weekly State Tax Report), State Tax Planning in an Era of Aggressive Enforcement: Effective Strategies to Reduce Taxes and Minimize Exposure (BNA Tax Management Weekly State Tax Report), and During a Turbulent Economy, Intercompany Transactions Become Focal Point of State Tax Planning, Audit Activity (BNA Tax Management Multistate Tax Report).
Richard is qualified as an expert witness and testifies on behalf of taxpayers litigating state and local tax issues throughout the country. Richard is a professor of graduate and undergraduate courses at the Lubin School of Business, Pace University, and a frequent lecturer on state and local taxes throughout the country.