Peter J. Scalise MST

Director & Federal Tax Credits & Incentives Practice Leader | New York City

Professional Experience

Peter J. Scalise is a Director in the Tax Practice of Prager Metis CPAs, a member of Prager Metis International Group. Peter serves as the Federal Tax Credits & Incentives Practice Leader for the Americas and is a highly distinguished BIG 4 Alumni Tax Practice Leader and has approximately twenty years of progressive CPA Firm experience developing, managing and leading multi-million dollar tax advisory practices on a regional, national, and global level.

Peter 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 sustainable methodologies for specialty tax incentives including, but not limited to, research tax incentives; orphan drug credits; therapeutic discovery credits; accounting methods and periods; energy tax incentives in connection to green building envelope efficiency and benchmarking, solar energy, bio energies, fuel cells, wind turbines, micro turbines, and geothermal systems; and comprehensive fixed asset analysis incorporating principles of construction tax planning, cost segregation analysis and the final treasury regulations governing tangible property.

Peter is a renowned keynote speaker and an extensively published author on specialty tax incentives, tax controversy matters, and legislative updates from Capitol Hill for NAREIT, AGRION, USGBC, AICPA, ASTP, NATP, ABA, AIA, and TEI. Peter serves as a member of the Tax Faculty for CPAacademy, iShade and TaxConnections University ("TCU"). 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. 

Peter J. Scalise, Federal Tax Credits & Incentives Practice Leader has been appointed to serve as the Sponsorship Chair for the 2018 Manhattan Walk with the responsibility for identifying and securing new corporate sponsors to the event, as well as strengthening business relationships with existing corporate sponsors.

Mr. Scalise had previously served as the 2017 Chair for the Walk to End Alzheimer’s and under his Thought Leadership successfully assisted the Manhattan Chapter in exceeding over 110% of the Chapter’s fundraising goals while being ranked amongst the TOP 10 Individual Fundraisers in Manhattan. The Alzheimer's Association's Walk to End Alzheimer’s® is the world's largest event to raise awareness and funds for Alzheimer’s care, support and research. Held annually in more than 600 communities nationwide, this inspiring event calls on participants of all ages and abilities to reclaim the future for millions. 

Professional Affiliations

  • American Society of Tax Professionals (ASTP), Member of the Board of Directors and Board of Editors
  • The Northeastern Region Tax Roundtable, a division of ASTP, Founding President and Chairman
  • The Tax Professional Update, a bi-monthly publication of ASTP, National Tax Columnist
  • TaxConnections, Tax Faculty Member and Contributing Tax Journalist
  • iShade, Tax Faculty Member and Contributing Tax Journalist
  • Parker Tax Publishing, Contributing Tax Journalist
  • CPAcademy, Tax Faculty Member

Civic Affiliations

  • Alzheimer's Association - 2017 Manhattan Walk Chair

Education

  • MS, taxation, Pace University, New York
  • BS, accounting, Hunter College, New York

Awards/Recognitions

Peter J. Scalise Named Sponsorship Chair for the 2018 Manhattan Walk to End Alzheimer’s

Peter J. Scalise Named Chair for the 2017 Manhattan Walk to End Alzheimer's

Peter J. Scalise Named TaxConnections 2016 Top Tax Bloggers/Writers

Peter Scalise Named iShade Faculty Member of the Week 10.19.15

Presentations

Peter J. Scalise to present at NYSSCPAs Conference November 9th

Peter J. Scalise to present at AICPA Real Estate & Construction Conference- 12/7/16

Peter Scalise to Present at the 9th Annual Film/TV Production & Finance Summit - November 9th, 2016

Peter Scalise Addresses the Collabrex Manhattan Chapter - October 25th, 2016

Peter Scalise Addresses the Collabrex Manhattan Chapter - September 27th, 2016

Peter Scalise Addresses the Collaberex Manhattan Chapter - May 23rd, 2016

Peter Scalise Addresses the Solar Tax Credit Market Exchange - April 28th, 2016

Peter Scalise Addresses the Collaberex Manhattan Chapter - April 25th, 2016

Peter Scalise to Present at Tribeca Film Festival - April 19th, 2016

Peter Scalise & Proformative Academy Presents "A Practical Guide to Identifying, Gathering, and Documenting a Sustainable Research & Development Tax Credit Claim” - November 20th, 2015

The Northeastern Region Tax Roundtable Returns to the Columbia University on October 7th, 2015 from 7:30AM to 9:00AM 

For a full list of Peter's presentations and events please click here

Insights:

Tax Aspects of the Bipartisan Budget Act of 2018

Peter J. Scalise featured in CPA Magazine, in an article entitled "A Practical Guide to the 2017 Tax Reform Plan" —October 02, 2017.

Peter J. Scalise featured in Accounting Today, in an article entitled "Startups Are Now Receiving R&D Tax Credit Payroll Refund Checks" —September 05, 2017.

Peter J. Scalise featured in Accounting Today, in an article entitled "Construction tax planning and accelerated depreciation planning" —July 14, 2017.

Peter Scalise featured in CPA Magazine article titled "Lights, Camera, Action and Tax Cut!"

Peter Scalise Featured in CPA Magazine article entitled "Aspects of the 2017 Tax Reform for Economic Growth and American Jobs"

Peter Scalise featured in CPA Magazine article entitled "IRS Issues New Administrative Authority Governing R&D Tax Credit Claim Filers"

Peter Scalise blog entitled "Tax Research Methodology" - TaxConnections.com

Peter Scalise featured in CPA Magazine article entitled "AICPA Requests Administrative Guidance by the Department of Treasury Governing the Enhanced R&D Credit Program" 2/10/17

Peter Scalise featured in CPA Magazine article entitled "A Practical Guide to the Enhanced R&D Tax Credit PrEligibler Eligable Small Businesses and Eligible Start-Ups."

The IRS Issues Final Treasury Regulations Governing R&D Tax Credit Claims"

Peter Scalise featured in Accounting Today article entitled " IRA Offers Guide to Tangible Property Regulation Compliance" 

Alert: "Attention Internal Use Software R&D Tax Credit Claim Filers: Final Treasury Regulations Issued"

Peter Scalise featured in CPA Magazine article entitled "The Service Issues New Administrative Authority Governing TPR Compliance"

Peter Scalise featured in CPA Magazine article entitled "Construction Tax Planning: A Proactive Approach to Accelerated Depreciation Planning" 

Peter Scalise blog entitled "The Enhanced R&D Tax Program Provides A True Path To Significant Tax Savings for Small Businesses - TaxConnections.com