Prager Metis Welcomes Peter J. Scalise as New Director

Prager Metis CPAs, an independent, full-service public accounting and consulting firm with offices in the U.S. and London, officially welcomed Peter J. Scalise as their newest Director, with the functional title of Federal Tax Credits & Incentives Practice Leader.

“We’re very excited to have Peter join the firm,” says Prager Metis Chairman of the Board David Neste. “By leveraging Peter’s extensive experience and subject matter expertise within specialty tax incentives, we plan to create new service lines that will better enable us to serve our clients, and add new streams of managed revenue to the firm’s Tax Practice.”

Under Scalise’s guidance as Federal Tax Credits & Incentives Practice Leader, several new service offerings will be made available to Prager Metis clients, including, but not limited to:

• Movie Production Incentives (Global, U.S. Federal, and Multi-State)
• Accounting Methods and Periods Planning (U.S. Federal and Multi-State)
• Transaction Cost Analysis for Mergers & Acquisitions (U.S. Federal and Multi-State
• Research Tax Incentives (Global Research Tax Incentives; U.S. Federal and Multi-State
• Orphan Drug Incentives (U.S. Federal and Multi-State)

Scalise is a distinguished BIG 4 Alumni Tax Practice Leader, with over 20 years of progressive public accounting experience in developing, managing, and leading multi-million dollar tax advisory practices on both a regional and national level. He  is a highly acclaimed thought leader in the fields of accounting and taxation with deep subject matter expertise in connection to designing, implementing and defending methodologies for specialty tax incentives including, but not limited to, research tax incentives; orphan drug credits; therapeutic discovery credits; energy tax incentives; accelerated depreciation planning as it relates to both cost segregation analysis and construction tax planning; and preservation tax credits including both historic tax credits and rehabilitation tax credits.

Peter is also a renowned keynote speaker and author on specialty tax incentives, tax controversy matters, and legislative updates from Capitol Hill for NAREIT, USGBC, AICPA, ASTP, NATP, ABA, AIA, TEI and serves as a volunteer member of the iShade Tax Faculty. Peter serves on both the Board of Directors and Board of Editors for The American Society of Tax Professionals (“ASTP”) and is the Founding President and Chairman of The Northeastern Region Tax Roundtable, an operating division of ASTP.

Prior to joining Prager Metis, Scalise was the National Partner-in-Charge, Federal Tax Practice Leader with Engineered Tax Services. He holds a Master’s degree in Taxation from Pace University and a Bachelor’s degree in Accounting from Hunter College. Scalise is based at the Prager Metis Eastside Office in New York City.

For more information, contact Diane Walsh at 212.643.0099 X125 or dwalsh@metisgroupllc.com.

About Prager Metis CPAs, LLC

Headquartered in New York City, and with offices in California, New York, New Jersey, and London, Prager Metis CPAs, an affiliate of Prager Metis International, LLC, is one of the nation’s fastest-growing accounting and advisory firms, offering a full range of accounting, audit, tax, consulting, and international services. The company was formed in January 2013 by the combination of Prager and Fenton LLP and Metis Group LLC, two long-standing and highly-respected accounting firms. Prager Metis was recently ranked as the number one “Firm to Watch” and a “Top Accounting Firm in the Mid-Atlantic Region” byAccounting Today, and was named one of the Top 100 Accounting Firms by INSIDE Public Accounting.