Service/Industry Specialization
Rich Pacella has worked in the field of taxation exclusively since 1979. He has
provided tax consulting and compliance services to a variety of industries including
public and privately held corporations and individuals. Since 1996, Rich has
concentrated his tax practice principally in the financial institutions industry
as well as manufacturing companies and tax planning for individuals. As Director
of the S.R. Snodgrass tax department, Rich is responsible for assuring that all
clients of the firm receive the highest level of tax consulting and compliance
services.
Experience
Rich began his public accounting career with a National accounting firm in 1978.
His experience includes one year of audit and over 24 years of tax experience.
Since joining Snodgrass in 1996, Rich has extensive experience working with financial
institutions. His experience includes Corporate and Individual tax planning,
Mergers and acquisitions, corporate liquidations, S Corporation and LLC taxation
planning, Estate and Gift tax planning, Business Succession Planning, Retirement
distribution planning and Representation of taxpayers before the Internal Revenue
Service. Rich has worked with business owners and management to develop and implement
numerous tax planning strategies.
Education
B. S. B. A., Accounting. Indiana University of Pennsylvania, 1978. Cum
Laude. Minor in economics.
Certified Public Accountant, PA 1980.
Professional Associations
American Institute of Certified Public Accountants
Pennsylvania Institute of Certified Public Accountants
Chairman, PICPA Pittsburgh Chapter, Committee on Taxation
Early in my career it
became evident in working with business owners and company management how important
reducing a taxpayer's tax burden was to the long-term success of the business.
It also became apparent to me that effective tax planning strategy always had
to consider the impact such strategy had not only in the current year, but future
years as well. While tax law is a highly technical area, business owners and
shareholders are interested in the practical application of the law to their
specific circumstances. Having helped numerous clients save money by paying attention
to the details and utilizing the tax law to their advantage has cemented many
relationships that have benefited both the client as well as our firm over the
last 25 years. In many cases I now work with multiple generations of business
owners and families helping our clients make decisions that affect their businesses
or lives in significant ways. At the end of the day there is no better feeling
than knowing you have done your best to help a client realize their goals, whether
they be business, tax or family goals.
