Carl Padding Joins Brown Smith Wallace as Cost Segregation Manager
ST. LOUIS (January 21, 2013) Carl Padding joins Brown Smith Wallace as cost segregation manager in the tax services practice. With over 30 years of experience, Padding is an established cost segregation expert. His past experience includes serving as national director of real estate tax services for Tax Projects Group and serving as a regional leader of cost segregation for McGladrey.
“Carl’s extensive background with top national firms and in-depth knowledge of cost segregation will enable us to better serve our clients, and ultimately, help them save tax dollars when acquiring real estate, constructing a new building or undergoing major remodeling,” said Marty Doerr, partner in charge of tax services, Brown Smith Wallace. “We are very excited to welcome Carl to the firm and look forward to the further evolution of our capabilities in this important tax area.”
In his new role, Padding will work with the cost segregation team, including Rob Haggerty, principal, and Nick Lombardi, manager. Padding will focus on client service and the continued growth of the cost segregation service offering in the tax practice, as well as training staff on best practices. He is skilled in all aspects of the cost segregation study process as well as identifying tax savings related to personal and real property costs.
“I’ve admired the reputation Brown Smith Wallace has established, especially as the firm continues to focus on expanding its offering of critical tax services, such as cost segregation,” said Padding. “I believe my skill set complements the firm’s existing expertise in this area, positioning us for continued success in the marketplace.”
Padding earned a Bachelor of Science degree in Civil Engineering from the University of Michigan – Ann Arbor.
# # #About Brown Smith Wallace
Brown Smith Wallace LLC is the second-largest locally owned independent full-service CPA and business consulting firm in Missouri with 200 employees throughout the region. Through a network of offices in St. Louis, St. Charles and Glen Carbon, Brown Smith Wallace is the only CPA and business consulting firm that makes A Measurable Difference to its clients by delivering six measurable differences, which include providing a guarantee in writing. For more information, visit www.bswllc.com or call 314-983-1200.