SINGLE-FAMILY TRACK 2: Strategic Tax Optimization – Maximizing Tax Benefits for Mortgage Bankers and Corporate Structures

Tax Partner, Mortgage Banking & Tax Practice Leader, Richey May

Jared Frost is a tax partner and leads Richey May’s Mortgage Banking Tax Practice. He has managed relationships with clients in various industries, including mortgage banking, real estate, wholesale, retail and professional services. He currently specializes in providing tax compliance and consulting services to privately held mortgage banking companies throughout the country. Frost helps clients understand the tax opportunities and consequences that arise from their business decisions. Previously, he worked at KPMG, LLP.

Partner, Cathedral CPAs & Advisors, LLP

Santo Chiarelli, an accomplished professional with over 30 years of experience in public accounting, has been a trusted resource for audit, accounting, advisory, and tax services across diverse industries. His expertise extends to mortgage banking, private lending, asset-based lending, real estate, and construction contracting. Before becoming partner and co-founder at Cathedral, Santo was a founding partner at Acquavella, Chiarelli, Shuster, LLP, a full-service firm established in 1986 in New York City. His career began as an audit member at NYC CPA firms Yohalem, Gillman & Company LLP (now part of Anchin Block & Anchin) and Berenson, Berenson, Adler LLP (now part of CohnReznick). Chiarelli’s thought leadership is evident through his published articles in the Scotsman Guide. He is a sought-after speaker on accounting and tax topics, having presented at the MBA Accounting and Financial Management Conference, The Mortgage Collaborative, and the Loan Vision User Conference. Chiarelli holds a B.B.A. in Accounting from Bernard Baruch College and is a licensed Certified Public Accountant in New Jersey, New York, and California. He actively participates in professional associations, including the AICPA, New York Society of CPAs, New York State Society of Banking and Finance, New Jersey Society of CPAs, California Society of CPAs, Mortgage Bankers Association, Mortgage Bankers Association of New Jersey, Community Home Lenders Association, and The Mortgage Collaborative.

Senior Tax Manager, CWDL

Lucy Anne Turek, CPA, has been practicing public accounting since 2007 with a focus on mortgage banking companies and high net worth individuals. Her expertise includes state income tax filing and apportionment rules for mortgage companies. She is active in the state of Texas’ accountancy community, including currently serving on the Texas Society of CPAs Board of Directors, the University of North Texas Accounting Junior Advisory Board, and the Dallas CPA Society’s Leadership Development Committee. In 2019, she was honored by the Texas Society of CPAs as a Rising Star. Turek is a Certified Public Accountant, licensed in Texas.