Gelman Rosenberg & Freedman CPAs (FY13 net revenue of $20.4 million) of Bethesda, Md., has admitted Richard Locastro to partner of the firm effective Jan. 1. Locastro has served as tax principal in the firm’s nonprofit department since 2007. In that capacity, he oversees the firm’s team of tax professionals who provide consulting and tax compliance services to more than 500 nonprofit organizations. He coordinates tax planning and consulting services, return preparation and representation on IRS audits.
“Over the years, Dick has done a tremendous job leading our nonprofit clients through the complexities of their exempt tax filings and providing them with expert guidance on tax-exempt tax matters,” says Jackie Oneto, MP at Gelman Rosenberg & Freedman. “We know he will continue to advance the reputation and involvement of the firm throughout the nonprofit industry.”
Locastro has more than 25 years of experience providing tax services to tax-exempt organizations. Prior to joining Gelman Rosenberg & Freedman, he served as senior manager for KPMG’s exempt organizations tax practice for the Baltimore/Washington region and as KPMG’s national director for nonresident alien tax compliance.