Matthew M. McNelis

Matthew M. McNelis

CPA

Principal

+1 (570) 820 0145

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Matt is a principal with Baker Tilly’s commercial services practice. He has more than 18 years of public accounting experience, specializing in providing tax services to a variety of middle-market clients, specifically focusing on closely held businesses and related shareholder/owner tax issues. Matt has extensive experience serving a wide variety of manufacturing and distribution clients. He provides strategic tax applications and techniques, including accounting method changes, fixed-asset reclassifications, inventory issues, and merger and acquisition (M&A) strategies across the manufacturing, distribution and real estate industries.

  • S corporations and C corporations
  • Limited liability companies (including investment and fund-to-fund partnerships)
  • Business sales and acquisitions, including structuring and modeling prospective acquisitions or dispositions and providing insights on transaction documents. Assistance with due diligence and strategic planning to ensure optimal tax benefits
  • Assisting clients in generational planning and structuring their businesses to meet those goals
  • Identifying accounting method change opportunities for clients and reviewing accounting method change applications
  • Examining fixed-asset records for clients and identifying potential reclassification opportunities to accelerate cost recovery, including appropriate methods/conventions, cost segregation studies and repairs and maintenance studies
  • Computation of deferred and current tax obligations for financial statement purposes
  • Licensed CPA in Pennsylvania
  • American Institute of Certified Public Accountants (AICPA)
  • Pennsylvania Institute of Certified Public Accountants (PICPA)
  • Pennsylvania CPA Foundation, board member

Location

Northeastern Pennsylvania

Education

Bachelor of Science in accounting
Susquehanna University

(Selinsgrove, Pennsylvania)

Expertise