PETER A. KARL III, CPA and Attorney, is the tax partner of the
law firm PARAVATI, KARL, GREEN & DeBELLA, LLP
in Utica, New York. Since 1986 one of his areas of
specialization has been in Section 1031 Exchanges, providing services to
clients, realtors, accountants and attorneys throughout the country in any
of the following capacities (noting he is the author of an informational
web site on IRC Section 1031 Exchanges, www.1031exchangetax.com).
Exchange Consultations/Feasibility Determinations to individuals
nationally contemplating Section 1031.
exchange tax counsel to a client’s own attorney/accountant/realtor.
Accommodation Titleholder (Reverse Exchanges)
nationally of a client before the IRS – audit, IRS appeals, or Tax
Court regarding any Section 1031 Exchange issue
Witness for any civil matter (e.g. professional malpractice) involving
Section 1031 Exchanges
presentations on Section 1031 Exchanges for continuing education or
professional purposes – hour, ˝ day, full day and two day sessions
Karl has conducted over two hundred and fifty seminars nationally
along with authoring several manuals on the subject of taxation. Sponsoring organizations for his seminars
include professional associations from Atlanta
such as a solo sixteen hour presentations before the North Dakota Society
of CPAs over two days in October 2012 and the Iowa Society of CPAs in
October 2013. The CPA Journal
has published thirteen of his works (the “20 Question” series) as featured
articles including a cover story on the topic of Elder/Estate Planning and
one on the use of Delaware Trusts for asset protection (September 2013).
These articles are accessible on the Journal’s website (www.cpajournal.com) using the
author’s name in the search box.
Since 1989 he has been on the
faculty of New York University (NYU) presenting eight hour seminars for
their National Real Estate Institute.
He is also tenured as a Professor of Taxation and Law for the State
University of New York (SUNY) where he has taught for over thirty
years. For the past six years Karl has
been a member of the Editorial Board of the CPA Journal. He is also certified as a Hearing Neutral
by the American Arbitration Association, conducting arbitration hearings on
commercial matters throughout the Northeast.
Karl is licensed to practice before
the U.S. Tax Court and is a member of various professional associations
including the American Association of Attorney-Certified Public Accountants
for whom he has served as an at large Board Member.
Besides specializing in transactional law, his practice
includes tax/legal consultations to realtors, accountants and attorneys
throughout the country in such areas as Section 1031 deferred real estate
exchanges, estate/trust planning and asset protection.