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. Patricia 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, Patricia was a partner at Piccerelli, Gilstein & Company LLP, which merged into Marcum in 2022.

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
  • 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
  • Audubon Society of Rhode Island, Board of Directors, Member and Finance Committee Chair
  • Internal Revenue Service Taxpayer Advocacy Panel (TAP), Member; 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
  • Rhode Island Board of Accountancy, 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
  • Rhode Island Public Expenditure Council, Board of Trustees

Awards

  • Lifetime Achievement Award for Estate Planning Council of Rhode Island (2024)
  • 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)

Practice Focus

Tax

Industry Focus

Real Estate
Manufacturing
High Net Worth Individuals
Professional Services

Education

Master of Science in Taxation
Bryant College

Bachelor of Science in Accounting
University of Rhode Island

Professional Designations

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