Nikos Arhos

Senior Director
Specializes in U.S. federal, state, and local employment tax and information reporting matters
Provides payroll-focused transaction advisory and payroll tax diagnostics and process improvements 
Expert in executive compensation and federal and state Form 1099 reporting
Chicago
@alvarezmarsal
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Nikos Arhos is a Senior Director with Alvarez & Marsal Tax in Chicago.  He is a member of the Compensation and Benefits practice, specializing in U.S. federal, state, and local employment tax and information reporting matters. He concentrates on payroll-focused transaction advisory, payroll tax diagnostic and process improvement services, fringe benefit and executive compensation advisory services, and federal and state Form 1099 information reporting support. 

Mr. Arhos assists clients in identifying and securing value through federal and state employment tax refunds and credits resulting from a wide array of transactional triggers, including M&A, restructuring, reorganizations, bankruptcy, and HRIS/payroll system transformations, among others. He also provides due diligence reviews, state and local payroll tax account registrations and de-registrations, state unemployment insurance experience transfer analysis and compliance, US payroll compliance outsourcing and co-sourcing support, and federal and state audit defense services.

Prior to joining A&M, Mr. Arhos spent 12 years with Ernst & Young, LLP in Chicago leading EY’s Chicago-based employment tax services team. He advised numerous fortune 500 companies across industry sectors on payroll and employment tax function optimization. His areas of practice included assessment and remediation of multistate employment tax withholding and reporting errors with respect to resident and non-resident wage and stock/equity/deferred compensation payments, due diligence and transaction support, and technology-enabled business travel and remote work program transformation.

Mr. Arhos earned a J.D. and an LLM in tax from the University of Illinois Chicago School of Law. He is a licensed attorney in the state of Illinois and served as a contributing editor of Principles of Payroll Administration, a Thomson Reuters/Research Institute of America textbook publication. He is a frequent guest speaker for the Chicago Bar Association, American Payroll Association, The Chicago Tax Club, and other organizations.

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Insights By This Professional

When navigating a restructuring, companies face the substantial hurdle of being able to offer competitive wages to fundamental talent. However, retention and incentive programs can be one of the most powerful tools to facilitate a successful restructuring.
Latest insights The latest insights from Nikos Arhos's team
Thought Leadership
IRC Section 162(m) limits publicly held corporations to deducting no more than $1 million in compensation per taxable year for certain covered employees. How can corporations manage the multiple categories of covered employees under these new regulations?
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