Tapia & Huckabay, P.C.
Wallace Tapia and William Huckabay formed Tapia & Huckabay, P.C. in July 2014 after having worked together at Wallace W. Tapia, P.C. since 1997. Wally formed Wallace W. Tapia, P.C. – the predecessor to Tapia & Huckabay, with its primary focus serving Vermont nonprofit organizations - in 1990 after having served as a Tax Partner with the regional public accounting firm of Smith, Batchelder & Rugg. Tapia & Huckabay offers auditing, accounting, tax, and consulting services to a variety of nonprofit organizations throughout Vermont. All professional staff are members of the American Institute of Certified Public Accountants. The Firm’s commitment to providing complete professional services to its clients is evidenced by the regular enrollment of Firm personnel in continuing education courses concentrated in the areas of non-profit auditing, accounting, and taxation.
Members of the Firm have given numerous presentations on accounting, auditing, management, and tax issues to the National Business Institute, the Vermont Society of Association Executives, the Lake Champlain Regional Chamber of Commerce, the Vermont Bankers’ Association Trust Committee, the Vermont Tax Practitioners Association, and the Central Vermont Chamber of Commerce.
Our professional staff has extensive experience in offering accounting and tax services to many not-for-profit entities, including historic preservation and educational organizations, trade associations, environmental organizations, and various service providers. All of the Firm’s present audit clients are not-for-profit organizations or cooperatives.
The Firm or its staff are members of the AICPA, the Vermont Society of Certified Public Accountants, the AICPA Tax Division (Exempt Organizations Subcommittee), the Vermont Secretary of State’s Nonprofit Advisory Board, the Society of Nonprofit Organizations and the AICPA Not-for-Profit Section.
Firm personnel also have extensive experience in dealing with the tax and compliance issues specific to not-for-profit entities, including the preparation of annual tax returns for public charities and private foundations. In addition, Wally has over twenty-nine years’ specific experience in planning for the organizational restructuring of notforprofit entities, including corporate reorganizations, the use of affiliated and subsidiary organizations, and addressing the tax implications of current or proposed new activities.