Greg is the managing director of the KPMG Exempt Organizations Tax practice in Washington, DC. He has provided advice on tax matters to clients in various sectors, including healthcare, higher education, public charities, private foundations, social welfare organizations, and business and professional associations for over 25 years. He also has extensive experience in representing tax-exempt clients during examinations by the IRS and State Departments of Revenue.
Greg’s experience with tax-exempt organizations provides clients with valuable insight into not only planning and structuring proposed transactions, but also analyzing completed transactions to identify and assess the merits of tax positions in multiple areas, including real estate sales, recurring revenue streams, expenditure analysis, and reorganizations involving tax-exempt organizations. He is particularly knowledgeable about the numerous financial and operational relationships that exist in multi-entity structures (e.g., corporate subsidiaries, joint ventures, disregarded entities, supporting organizations, political action committees, and related charitable and noncharitable organizations).
His knowledge also includes the application of the unrelated business income provisions, qualification for (and maintenance of) tax-exempt status, and treatment of transactions under the excise tax provisions of the tax law, including lobbying activities, self-dealing transactions, excess business holdings, taxable expenditures, political expenditures, excess benefit transactions, and donor-advised funds. He has conducted mock-IRS audits to uncover tax exposure, bolster tax positions, and improve compliance with applicable tax laws. Greg has successfully assisted many clients in navigating the tax laws by conducting pre-submit conferences, requesting private-letter rulings, negotiating technical advice memorandums, and obtaining closing agreements with the IRS and State Departments of Revenue.
Greg has represented many tax-exempt clients in face-to-face examinations by the IRS and during the appellate process, by preparing written protests and settling cases with appeals officers. He has supported legal counsel during tax litigation, including the preparation of answers to interrogatories issued by the Department of Justice. As a member of the AICPA's technical research expert panel (TRP) for tax-exempt organizations, Greg actively participated in the analysis of the revised Form 990 for 2008, prepared comments to the IRS (including the preparation of draft language to be included in the Form and instructions) and met with representatives of the IRS on numerous occasions to discuss the new Form 990.
