Mark R. Schaaf, CPA
Tax & Valuation Shareholder
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Mark works hard to solve his clients’ tax problems so that they can focus on what’s really important to them – running their business.
Mark is committed to assisting business owners by providing strategic tax planning, often working with closely-held companies to help minimize their overall tax exposure. His clients value his input and often tap the vast knowledge he has collected over his 26 year career. “When I advise a client, I make sure to take the time to carefully illustrate the benefit to them so my point is understood and they see why it’s the right thing to do,” he says. Mark truly values when his input positively impacts a client’s profitability:
- Consulted and implemented cost segregation studies, R&D Credits and Domestic Production Deduction Strategies that have saved the owners of a mid-size manufacturing business more than two million dollars in taxes in recent years
- Provided valuation guidance and tax and consulting services to a family group to reduce the potential overall estate tax by more than one million dollars
- Assisted in multi-million dollar corporate refinancing efforts for an entrepreneurial transportation company by providing the knowledge, experience and background with the company to allow their bank to be comfortable with the company’s operating results and financial condition
Mark has arranged for “like kind exchanges” for some of his clients’ large properties, such as ranches, that have deferred over several hundred thousand dollars in tax gains on sales. He has assisted family business owners in the transfer of assets and prides himself on finding the best opportunities that suit the needs of his clients.
He is the director of the firm’s Business Valuation Services, where he oversees the firm’s valuation services for the purpose of estate and gift valuation, business purchases and sales and for use in business succession planning.
He is a member of the National Association of Certified Valuation Analysts (NACVA), the American Institute of Certified Public Accountants (AICPA), the Texas Society of Certified Public Accountants (TSCPA) and its Houston Chapter. He earned a B.S. in Accounting from Ball State University. Mark is on the verge of qualifying (age wise) for the Senior PGA Tour – if only his golf game would be eligible. He is married with three children.