Michael Valeri, CPA

Manager, Audit & Tax

Phone: 412.281.8771 x239
Fax: 412.281.7001

Mike has more than 15 years of experience providing accounting, auditing, and tax services for a variety of businesses and individual clients, and specializes in the manufacturing, steel, oil and petroleum, and automotive industries. His practice is also concentrated on serving clients whose businesses are regulated by the SEC.

Clients turn to Mike for his expertise in conducting audits, compilations, and reviews of financial statements and internal controls. He is experienced in conducting audits for clients who have multiple entities and locations in different states, and works with clients of all sizes, ranging from small, private ventures to large industry leaders. Mike also handles employee benefit plan audits for private corporations.

As part of his corporate tax practice, Mike assists clients with the preparation and review of tax returns, including multi-state and consolidated corporate returns, partnerships, and trusts. He helps public companies with complex tax returns and tax planning, and ensures their reviews are in compliance with SEC and PCAOB reporting requirements. He closely monitors changes in state and federal legislation that may impact clients, and advises them on how to minimize the impact of taxation. Mike also conducts tax returns for individual clients.

Mike joined Louis Plung after graduating magna cum laude from La Roche College, and in his current role as Manager, he oversees multiple audit, accounting, and tax projects simultaneously. He also supervises and provides on-the-job training to staff. Mike coordinates various phases of engagements, from initial planning to final review and completion, and works closely with partners and clients to ensure all engagements are completed above expectation and within deadline.

• American Institute of Certified Public Accountants (AICPA)
• Pennsylvania Institute of Certified Public Accountants (PICPA)

• B.S., Accounting, La Roche College

• Presidential Scholarship Award Nominee (La Roche College)
• Excellence in Accounting Award Recipient (PICPA)

• Conduct audits for clients in the public and private sectors, and work with client management to ensure final report improves internal control processes, operating efficiencies, and/or corrects potential risks
• Manage financial statement audits and prepare tax returns for private company that produces precision ground flat stock, steel plates, and mold quality steels
• Prepare multi-state tax return and oversee tax planning for a multi-million dollar national public manufacturing company
• Assisted public and private corporations in identifying changes to the 2009 federal tax law, which enabled clients to utilize previous net operating losses and obtain refunds
• Perform audit of 401(k) for national public manufacturing company as well as privately held automotive dealership and petroleum distributor. Employee benefit plan audit includes risk assurance testing on plan contributions, distributions, loans, and internal processes
• Oversee several multi-state tax returns for private corporations. Many returns involve the joint filing of various subsidiary entities, including LLCs and partnerships.
• Perform tax services for individuals, which includes tax returns for estate planning and family trusts for officers of several private companies
• Assisted petroleum supplier and metals manufacturer with corporate tax services before and after company acquisition, and in conjunction with other firm colleagues, helped identify tax saving/profit generating opportunities as a result of the restructuring