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Richard P. Pacella, CPA - Principal and Director, Tax Group

With more than 30 years of experience, Rich, as the Tax Director, oversees and coordinates all tax services rendered for clients. Rich has extensive experience working with public and privately held corporations and tax, estate, and gift planning for individuals. He has worked with business owners and managers to develop and implement numerous tax planning strategies.

 

Prior to joining Snodgrass in 1996, Rich was employed in the tax practice of a national accounting firm, including six years as the Pittsburgh, Pennsylvania, office's director of taxes. Rich has extensive experience working with financial institutions. Additional experience includes corporate and individual tax planning, mergers and acquisitions, corporate liquidations, S Corporation and LLC taxation planning, business succession planning, retirement distribution planning, and representation of taxpayers before the Internal Revenue Service.

 

His clients value the tax expertise he shares with them, and they are confident in his assessment, knowing that he keeps up to date with the ever-changing tax laws. Rich has recorded a webcast titled Exercising Incentive Stock Options and Nonqualified Stock Options (click here for video). He has also authored several articles, including one related to how businesses may take advantage of new tax laws.

Education

Certified Public Accountant.
B. S./B.A. Accounting. Indiana University of Pennsylvania. 1978. Cum Laude.

Professional Associations

American Institute of Certified Public Accountants
Pennsylvania Institute of Certified Public Accountants
Chairman, PICPA Pittsburgh Chapter, Committee on Taxation

Meet the Management

"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."