David Sacarelos is a principal with Baker Tilly’s tax practice. He has more than 30 years of experience providing advisory and tax services to ultra-high-net-worth individuals and families, partnerships, not-for-profit organizations and privately held businesses. His clients include multigenerational families, corporate executives, founders and investors. He has expertise in income, tax, estate and financial planning and consulting for complex financial transactions; all aspects of high-net-worth income, estate and gift tax planning and compliance; tax accounting and reporting in support of fiduciary tax return preparation for complex trusts; consultation with families and individuals on philanthropic goals and their charitable gift planning; private foundations, public charities and other not-for-profit organizations; complex investments underlying non-profit and foundation funds and endowments; representation of clients before taxing authorities (IRS, FTB, etc.); and foreign tax matters for individuals and families.
- Business tax planning and compliance for closely held domestic and foreign corporations
- Income tax, business planning, complex tax and financial transactions
- Not-for-profit governance and compliance matters
- Income tax, estate and gift tax
- Representation of clients before taxing authorities (IRS, FTB, etc.)
- Estate and gift tax planning and compliance
- Public charities and private foundation advisory
- Consultation with individuals on philanthropic planning, including major gifts of personal property, businesses, shares of public and private stock, real estate and fine art
- Tax planning for high-net-worth individuals and families
- Succession planning for private and closely held businesses
- Tax accounting and reporting relative to the preparation of U.S. and state corporate and partnership tax returns
- American Institute of Certified Public Accountants (AICPA)
- California Society of Certified Public Accountants (CalCPA)
- Northern California Planned Giving Council
- San Francisco Estate Planning Council
- Santa Clara County Estate Planning Council
- Society of Trust and Estate Practitioners (STEP)
- American Bar Association: Taxation Section; Real Estate Section; Trust and Estate Section, associate member
- California Lawyers Association: Taxation Section; Trust and Estate Section, associate member
- The Catholic Community Foundation of Santa Clara County, Steering Committee, advisor
- Community Arts Stabilization Trust, Audit Committee, chair
- Joint Venture Silicon Valley, director and Audit Committee chair
- Joint Venture Silicon Valley, Development Committee, member
- Community School of Music and Arts, Audit Committee, member
- San Jose Museum of Art, Audit Committee, member
- Jerry A. Kasner Estate Planning Symposium, Planning Committee, member
- San Jose State University, Tax Advisory Board, member
- Member, trustee, Audit Committee member, Board Development Committee member, Montalvo Arts Center
- Federal and California political donation limitations and reporting requirements
