Search Results for: fiondella

Yale University and Fiondella Milone and LaSaracina Form Corporate Partnership

Glastonbury, Conn.-based Fiondella Milone and LaSaracina (FY18 net revenue of $9 million) and the Yale Office of Cooperative Research have partnered to help Yale startup companies.

The Office of Cooperative Research aims to turn Yale research into commercial opportunities and collaborates with outside firms to help new ventures with legal, accounting or marketing services.

FML professionals have agreed to serve as expert consultants to Yale innovators, and founding partners Frank Milone and Lisa (LaSaracina) Willauer have been named Yale Entrepreneurs-in-Residence.

“Partnering with Yale OCR is the perfect extension of our expertise,” Milone says. “We’re excited to be able to help bolster the success of innovative spinouts through our mastery of the nitty-gritty of assurance and tax regulations and requirements – essentials for every growing business, but not the specialty of those doing the innovating. We want to fill that gap so more Connecticut-grown startups fully realize their potential. The opportunity to support one of the world’s premier institutions in developing these companies cannot be overstated.”

FML support includes tax and accounting help, business structure and formation, understanding of federal and state grant accounting and reporting, financial statement assurance, and capital market consulting and advisory services. Additionally, FML brings a full suite of business tax preparation services and can advise companies in the medical and biotech fields, software as a service (SaaS) and digital heath.

In addition to Glastonbury, FML has offices in Enfield, New Haven, Stamford, Simsbury and Stafford Springs, Conn. The firm has 13 partners, 37 CPAs and a total staff of 84 professionals.

More news from Fiondella Milone and LaSaracina

Fiondella Milone & LaSaracina Announces New Partner

Justin Wilcox

Glastonbury, Conn.-based Fiondella Milone & LaSaracina (FY18 net revenue of $9 million) announces the admission of Justin Wilcox to partner.

“Justin has been a remarkable force for growth and development for the firm since he started,” says FML founding partner Lisa (LaSaracina) Willauer. “His initiative in exploring emerging areas of tax regulation, such as cryptocurrency, as well as his strong client relationships, have made him an essential member of our team.”

Wilcox most recently served as senior manager of tax services. He specialized in tax and advisory services for emerging and private equity-backed companies as well as high-growth and publicly traded companies, including professional service providers, bioscience, medtech and new technology companies, cryptocurrency companies and manufacturers.

His consulting experience includes transaction buy-side due diligence, sell-side tax benefit valuation for corporations, cryptocurrency taxation, earnings and profits analysis, and tax basis studies.

Fiondella Milone & LaSaracina LLP Admits Claffey to Partner

William Claffey

William Claffey

Glastonbury, Conn.-based Fiondella Milone & LaSaracina LLP announced that William Claffey has been admitted to tax partner. In addition to serving as director of state tax services, Claffey provides valuable tax credit and audit defense services to the firm’s clients.

“Bill’s strong analytical skills, ability to consult with clients and provide representation in controversy and audit matters are true assets that sets our team apart. We look forward to continuing to bring an unparalleled level of service to our clients,” says MP Jeff Fiondella.

Based in the firm’s Glastonbury office, Claffey joined Fiondella Milone & LaSaracina four years ago as the director of state tax credits and incentives. Claffey’s clients have benefited from his thorough understanding of state nexus, apportionment and filing issues and his ability to look beyond tax charts and fully vet a company’s specific facts and apply them to state and federal law. In addition, he provides sales and use tax consulting services, helping clients understand the taxability of their products and services and the impact nexus can have on their filing responsibilities.

FML Merges with Two Connecticut Firms

Glastonbury, Conn.-based Fiondella Milone & LaSaracina (FY18 net revenue of $9 million) announced their completed mergers with two Connecticut firms, Viola Chrabascz Reynolds (VCR), with offices in Enfield, Simsbury and Stafford Springs, as well as Formica & Dobkin of Berlin.

These mergers are designed to create a larger tax, assurance and advisory firm with the ability to provide a greater array of services and expertise to clients. The transition will also allow the combined firm to offer enhanced service lines and specialties, a larger network of experienced partners and CPAs, and a continuation of its principles as a forward-thinking firm serving clients of all sizes.

The Formica & Dobkin staff will join the FML Glastonbury office, operating as F&D, a division of FML. The three VCR offices will remain open and operate as VCR, a division of FML. FML will now be a statewide a network of six offices.

“This merger will provide additional opportunities and teammates to better serve our clients and continue our tradition of direct access to decision makers,” says MP Jeff Fiondella.

VCR MP Tim Reynolds says, “We’re gearing up to bring a broader range of services and experienced staff to better support business here in Connecticut, regionally in New England, as well as on the national and global stages.” Three partners and 14 staff will join FML.

“The firm will have a combined 107 years of experience,” added Ralph Formica of Formica & Dobkin. “Our merger into one is a strategic decision developed to provide the best possible services to our current and future clients; many of whom know firsthand how important it is to have a personalized relationship as they would with a small advisory firm, while also experiencing the benefits of a large one.”

The newly expanded FML will include 13 partners and 36 CPAs, creating a firm of a total of 84 staff.

People in the News – March 5

Angel Li and Alexander Morgan have been admitted as tax partners at Fiondella, Milone & LaSaracina of Glastonbury, Conn. Li joined the firm as a tax manager in May 2008. She focuses on tax planning, tax compliance, research and consulting for clients in a variety of industries including pharmaceutical, service, construction, healthcare, as well as private equity funds. Morgan joined the firm as a tax manager in December 2008. His areas of specialty include accounting for income taxes under ASC 740, tax planning and consulting, and federal and state tax compliance.

Kory Klein has joined RBZ of Los Angeles (FY11 net revenue of $23.60 million) as a principal in the firm’s business management department. He has more than 31 years experience providing business management and accounting services to a diverse range of music, television, film, and other entertainment professionals, as well as high-net-worth individuals, entrepreneurs, and small business owners.