Richard J. Locastro, CPA, JD

Nonprofit Tax Partner and Director of Nonprofit Tax

Biography

Mr. Locastro has worked in public accounting since 1986, including six years in the tax offices of Big Four firms. His clients include private foundations, colleges, universities, healthcare organizations, museums and other large nonprofit institutions. He has extensive experience assisting clients with unrelated business income tax analysis, private foundation excise taxes, Form 990 and Form 990-T preparation and presentation, intermediate sanctions analysis, payments to and from controlled subsidiaries, nonresident alien withholding and reporting requirements, foreign grantees withholding requirements, IRS dispute resolution, exemption application assistance and private letter ruling request submissions.

Mr. Locastro oversees the firm’s team of tax professionals who provide consulting and tax compliance services to more than 600 nonprofit organizations. He coordinates tax planning, consulting services, return preparation and representation on IRS audits, and frequently speaks at national conferences.

Education and Certifications

  • Juris Doctor, University of North Carolina
  • B.S. in Accounting, Le Moyne College

Professional Affiliations

  • American Institute of Certified Public Accountants (AICPA), Chairman, Tax Division Technical Resource Panel (TRP) for Exempt Organizations
  • Greater Washington Society of CPAs (GWSCPAs)
  • Le Moyne College, Board of Regents
  • Maryland Association of CPAs (MACPA)
  • St. Thomas More, ESL Teacher

News and Events