Mr. Locastro has worked in public accounting since 1986, including six years in the tax offices of Big Four firms. His clients include private foundations, colleges, universities, healthcare organizations, museums, and other large nonprofit institutions. He has extensive experience assisting clients with unrelated business income tax analysis, private foundation excise taxes, Form 990 and Form 990-T preparation and presentation, intermediate sanctions analysis, payments to and from controlled subsidiaries, nonresident alien withholding and reporting requirements, foreign grantees withholding requirements, IRS dispute resolution, exemption application assistance, and private letter ruling request submissions.
Mr. Locastro oversees the firm’s team of tax professionals who provide consulting and tax compliance services to more than 500 nonprofit organizations. He coordinates tax planning, consulting services, return • preparation and representation on IRS audits, and frequently speaks at national conferences.
Internally, Mr. Locastro is a founding committee member of GRF’s Diversity, Equity and Inclusion initiative founded in 2019. Mr. Locastro is • also a member of GRF’s Executive Committee.