Patricia Thompson | Marcum LLP | Accountants and Advisors

Partner

Tax & Business

144 Westminster Street
5th Floor
Providence, RI 02903

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About Patricia

Patricia Thompson is a Tax & Business Services partner in Marcum’s Providence office. She has significant experience working with closely held businesses and their owners in the manufacturing, real estate, professional services and wholesale industries. She focuses on assisting clients with the intricacies of sales transactions to minimize the income tax consequences; business and financial consulting; and audits with governmental agencies such as the Internal Revenue Service and the various state Divisions of Taxation.

In addition, she researches various tax issues, which may be specific to a particular industry or individual. Ms. Thompson continuously monitors and interprets pending tax legislation. She has extensive knowledge about complex tax transactions including multi-state tax returns, real estate transactions, and mergers and acquisitions. She has distinguished herself in the accounting profession on both the state level and the national stage, helping to develop policy recommendations relating to national tax legislation, tax administration, and ethical standards.

A familiar face in the media, she has appeared on Channel 10 in Providence, on Frank Coletta’s Business Reports, to explain current tax legislation and on PBS’s Tax Forum programs.

Prior to joining Marcum, Ms. Thompson was a partner at Piccerelli, Gilstein & Company LLC, which merged into Marcum in 2022.

Professional & Civic Affiliations

Awards

Certified Public Accountant (CPA)
Personal Financial Specialist (PFS) – American Institute of Certified Public Accountants

Professional & Civic Affiliations

American Institute of Certified Public Accountants (AICPA): member [former Relations with the Bar Committee chair; Tax Reform Task Force member; Tax Executive Committee, chair; Tax Legislation and Policy Committee, member; Advocacy Relations Committee, member; Nominating Committee Member; and Individual Technical Resource Panel, chair; Tax Advisor Editorial Advisor Board, member]
Audubon Society of Rhode Island, board of directors, member and Finance Committee chair
Internal Revenue Service Taxpayer Advocacy Panel (TAP), member; vice chair of the Tax Forms and Publications Committee
Greater Providence Chamber of Commerce, treasurer and board of directors, member; Tax Advisory Committee, member; Government Affairs Council, member
Skills for Rhode Island’s Future, treasurer and board member
South County, Health Audit & Regulatory Compliance Committee, member
Rhode Island Society of Certified Public Accountants (RISCPA), Federal and State Tax Committee, member, (former chair; board of directors, former secretary, treasurer, vice president and president)
Rhode Island Board of Accountancy, member
Rhode Island Estate Planning Council, member
Providence Public Library Finance Committee and Planned Giving Committee, member
University of Rhode Island Accounting and Advisory Board, member
Internal Revenue Service Advisory Committee (former member; Small Business/Self-Employed Subcommittee, member and Chair)
Rhode Island Governor’s Tax Policy Workgroup (2009), member
Greater Providence YMCA, former member, board of directors; former chair, Executive Committee and Planning and Program Development Committee
Bryant University, Partnership Taxation course, MST program, former adjunct instructor

Awards

Rhode Island Society of Certified Public Accounts – President’s Award (2021), Mission Award (2014)
AICPA Arthur J. Dixon Award, 2014
Top 10 Public Accounting Professionals in Rhode Island (2014), National Academy of Public Accounting Professionals
Financial Planning Association of Rhode Island (2012)
University of Rhode Island, College of Business Administration, Alumni of the Year (2011)
Providence Business News Financial Services Industry Leader (2009)
Junior League of Rhode Island, Rhode Island 85 (2007)