Eric Wallace

Eric P. Wallace, LLC

ERIC P. WALLACE, CPA Eric P. Wallace LLC Cell at 412-977-6644 601 Manor Lane Pittsburgh, PA 15238 ericw@ericwallacecpa.com www.taxmethodchanges.com www.tprtoolsandtemplates.com SUMMARY OF EXPERIENCE Eric’s CPA firm focuses on providing professional CPA services and web based tools to CPA firms and to construction, real estate, and manufacturing companies. With his extensive expertise in A & A in auditing (12th year as author of CCH’s Engagement construction audit programs) to one of the authors of the AICPA FRF for SMEs framework and in Tax expertise for the tangible property regulations (263(a)), depreciation (section 168), NOL, 263A issues, change in methods of accounting, he provides nationally recognized tax, accounting, auditing and consulting services. Over the last 30 years, Eric ran his own firm, and was a Partner and head of the CRE Team for a regional firm located in Pennsylvania. He also provides services, consulting, writing, and training nationwide to contractors, real estate owners, CPA firms, CPA organizations, Wolters Kluwer, and related entities. Eric has been an expert witness in construction related court issues, accounting malpractice, and other court case in venues such as bankruptcy, district, and local courts in various states concerning accountants’ liability, contractor claims, joint ventures, arbitration, tax and accounting issues and in IRS audit issues. EDUCATION AND CERTIFICATIONS ? BS – Public Accounting, Colorado Mesa University ? University of Pittsburgh Law School ? Certified Public Accountant PROFESSIONAL AFFILIATIONS ? Member of the AICPA, AICPA Council for several years, served on Accounting Framework Task Force (AICPA FRF for SMEs) that wrote the AICPA Framework, issued June 2013, served on its Financial Reporting for Private Companies Task Force (2003/2006) ? Member and past president of the Pennsylvania Institute of Certified Public Accountants 2008/2009 ? Construction Financial Management Association (CFMA), past chairman Tax and Fiscal Affairs Committee 2004/2005 ? Member of the Association of General Contractors (AGC), currently serves on the National Tax and Fiscal Affairs Committee


Sessions

Tax Accounting Methods and their related Method Changes are always Key Issues for the IRS. Proper tax accounting methods and continuing IRS changes to their method change procedures are at the More

This session is an opportunity to interact with leaders in the construction tax arena. Attendees will gain:
? A review of current trends and developments impacting the construction tax More

Tax Accounting Methods and their related Method Changes are always Key Issues for the IRS. Proper tax accounting methods and continuing IRS changes to their method change procedures are at the More