Tax entity CohnReznick LLP on Oct. 18 announced that Kevin P. Martin & Associates PC (KPM) team – a top Massachusetts-based accounting, consulting, and tax company – joined the firm effective immediately.
Adding approximately 100 people, the move deepens bench strength for CohnReznick’s Boston-area affordable housing, real estate, and not-for-profit practices and brings diversification with additional expertise in technology, life sciences, and high-net-worth individuals.
A long-time leader in tax-credit programs like new markets, renewable energy, low-income housing, research and development, and historic tax credits, the KPM team also significantly expands CohnReznick’s film and entertainment tax credit capabilities.
CohnReznick will maintain its Boston office at One Boston Place while adding locations in Braintree, Danvers and Fall River. This expansion builds upon the firm’s strength in the Northeast – the largest region for the firm, which, according to a press release, now projects annualized revenues of $280 million, more than a third of the firm’s $770 million projections.
The firm now has 23 offices across the country as well as global subsidiaries in India, Hong Kong, the Netherlands, Australia, and the Cayman Islands with additional global reach through its membership in Nexia International.
“Culturally, CohnReznick and KPM are a great fit,” said David Kessler, CEO of CohnReznick. “Our shared passion for investing in our communities – and commitment to our clients and stakeholders in the many industries we serve – cannot be understated. On behalf of our partners and everyone at CohnReznick, I am delighted to welcome the KPM team to our firm.”
Northeast Regional Managing Partner Alan Wolfson,added, “There is an exciting growth story happening across New England and the addition of the KPM team to our Northeast Region is a valuable step in our plan to expand resources in this market with industry teams that meet client needs today and well into the future.”