Tax Relief for Low-Income Housing Tax Credit and Bond Participants
AAFCPAs would like to make clients aware that, in response to the COVID-19 pandemic, the Internal Revenue Service announced it is providing low-income housing tax...
Matt co-leads the firm’s community and economic development practice, serving community development corporations (CDCs), community development finance institutions (CDFIs), affordable housing and mixed-use real estate projects. He also has extensive experience serving multiservice human & social service providers.
Matt advises clients on the accounting and reporting issues specific to the real estate industry. This includes guidance on existing and emerging accounting standards (revenue recognition, leases, and CECL), internal controls and fraud risk management, as well as guidance on investing, financing, and business combinations.
Matt is highly sought-after for his knowledge on tax credit-based financing used widely in the community development industry, including New Markets tax credits, Low-Income Housing tax credits, federal and state Historic Rehabilitation tax credits, and projects that combine tax credits with various levels of debt and rental assistance subsidies. He advises clients throughout a project’s life cycle from deal structuring to tax credit compliance and assisting with investor exits.
Matt is a member of AAFCPAs’ Assurance Innovation and Technology Committees dedicated to identifying and introducing processes and systems to help ensure we remain on the cutting edge of efficiency and effectiveness. He is co-leader of the firm’s Audit Quality program, responsible for overseeing the firm’s internal quality control system and making certain we meet and exceed the profession’s highest standards of professionalism. He is also a career coach and performance manager responsible for motivating and inspiring others to perform at the highest level they can.
In 2023, Matt celebrates 20 years of delivering exceptional assurance, tax credit transaction, and advisory solutions to AAFCPAs’ clients. He has specialized in the affordable housing industry since his start.
Education
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AAFCPAs would like to make clients aware that, in response to the COVID-19 pandemic, the Internal Revenue Service announced it is providing low-income housing tax...
AAFCPAs would like to make clients aware that The Tax Cuts and Job Act (TCJA) created a new investment vehicle known as “Opportunity Funds,” which...
AAFCPAs’ Partners Thomas Muldoon, CPA, CGMA and Matthew Troiano, CPA will present an educational workshop on Fiduciary Responsibility of the Board & How to Read...