Thomas M. Frascella
Director, Tax Strategies, State & Local Tax Group Leader
Areas of Specialization
Tom has a wide range of experience providing state and local tax strategies & services in the areas of income/franchise, sales and use, realty transfer, and unclaimed property taxes to a variety of businesses, including multi-state and multi-national businesses in the light and heavy manufacturing, distribution, life sciences, not-for-profit and professional services industries. He helps businesses address their multi-state tax needs.
As an experienced multi-state tax professional, Tom has developed a solid understanding of the issues and concerns of growing middle market companies and large publicly-traded enterprises and has been proactive in anticipating their issues and developing solutions to minimize administrative burdens and tax exposures.
He has also assisted clients with navigating the complex state and local tax issues associated with significant entity life events, such as acquisitions, dispositions, or liquidations. His experience working with clients during restructurings has allowed Tom to gain an appreciation of the operational issues associated with these events to address issues in a direct manner and to make adjustments to achieve the anticipated operational and tax efficient project goals. Tom is widely recognized for his expertise in Pennsylvania and Philadelphia tax matters.
Background
Tom joined Kreischer Miller in 2012. Prior to working for Kreischer Miller, Tom was a Director at Smart Devine in Philadelphia, where his responsibilities included leading the firm’s state and local tax practice. He also worked as a Director at Deloitte in Philadelphia, where he lead the state and local tax practice and provided tax consulting and tax compliance services to clients in the manufacturing, life sciences, and private equity industries.
Professional and Business Affiliations
- Pennsylvania Bar – Member
- Philadelphia Bar Association – Member
Education and Certifications
- Attorney, Pennsylvania
- J.D. – Duquesne University, Pittsburgh, PA
- B.S.— Accounting, University of Scranton, Scranton, PA