About Beacon CPA

Serving Domestic & International Clients

Our Story

Mark Ratafia is President and CEO of Beacon CPA. He is a seasoned professional who founded Beacon CPA after a decade of experience at KPMG and other large accounting firms. Mark has a broad base of experience in tax, accounting, and business advisory for domestic and international private clients. He is a Certified Public Accountant and member of the American Institute of Certified Public Accountants. He holds an MBA in Accounting and a Masters in Taxation.

The Beacon CPA professional team is comprised of former big-firm accountants and tax advisors, who serve the sophisticated needs of wealthy clients and successful business owners with a boutique approach. We pair our commitment to completing our client’s work with care and precision with an intellectual curiosity. We don’t just pay attention to the details and get them right; we work to understand how the details matter in the broader context of our client’s lives.

Our team has developed a reputation for delivering thorough and thoughtful solutions to complex U.S. tax matters. We help clients address issues such as the choice of the right business entity; setting up U.S. business operations; foreign investment into U.S. real property; U.S. international tax planning and reporting; federal and multi-state taxation; and inter-generational wealth preservation planning.

Advice & Solutions

Advised on the tax structuring for a related group of U.K. companies entering the U.S. market through a combination LLCs and corporations. Beacon CPA staff serve as the group’s outsourced tax and accounting department for all U.S. tax and accounting matters.

Represent international management consultancy for their U.S. tax, accounting and regulatory needs, advising them and providing tax return preparation services from their entry into the U.S. through and beyond their sale to Boston Consulting Group.

For over 15 years provided outsourced controllership and tax functions to the U.S. subsidiaries of one of the world’s top five glass manufacturing and sales companies. Services include the maintenance of accounting system, monthly and annual financial management reporting, corporate income tax return preparation, tax advisory, special projects and audit representation.

Advised start-up private equity firm on proper selection of U.S. business entities, established accounting systems for reporting, managed tax function on outsourced basis, prepared and filed multi-state returns for interlocking entities and tiered partnerships.

Provided tax advisory and tax return preparation for hedge fund manager with 30 partnership and S-corporation interests, multi-state filings, carried interests, tax basis issues, multiple residences and U.S international tax reporting for foreign income and assets. Consulted on structuring of new investments, tax optimization, Charitable Lead Trusts, Private Foundations, and estimated tax planning.

Successfully represented U.S. family facing significant penalties for the failure to report $40 mm of foreign assets held in Swiss banks through various BVI, Panamanian and Hong Kong companies in collaboration with a leading international law firm. Beacon’s work in tracing the assets through multiple transfers over an eight-year period, creating financial statements for the offshore holding companies, and preparing amended tax returns for the family, was accepted by the IRS upon audit without change.

Represented billionaire private equity investor in complex state residency tax audit resulting in a reduction of over $6,000,000 of allocated income over a three year period through a novel database driven approach to income sourcing that the taxing agency accepted at the audit level.

Represented foreign ultra-high net-worth family doing business in the United States through a complex trust structure, including multiple partnerships, LLCs, foreign asset reporting and multi-state business and fiduciary filings.

Represented one of Israel’s leading family offices providing the tax and accounting needs for a series of complex trusts investing in U.S. real property and operating businesses. Consulted on structuring of investments, maintained all the U.S. financial records, produced business and fiduciary reporting, and prepared all tax compliance.

Provided outsourced corporate tax department services to a $100mm sales consolidated group of manufacturing, sales and service corporations with multi-state filings.

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About Beacon CPA

Closely-Held Businesses

High-Net-Worth
Individuals

Trusts & Estates

Our Story

About Beacon CPA

Closely-Held Businesses

High-Net-Worth Individuals

Trusts & Estates

Our Story

High-Net-Worth
Individuals