Managing Director, Exempt Organizations, Washington National Tax, KPMG LLP
Managing Director, Exempt Organizations, Washington National Tax
Preston is a Managing Director in KPMG’s Washington National Tax Exempt Organizations group. He has more than 14 years of experience in the nonprofit and tax-exempt space, providing advice on a wide variety of tax and strategic issues in the private sector and serving in multiple capacities at the Internal Revenue Service.
Preston joined KPMG from a large multi-service law firm in Washington D.C. where he served as Counsel to healthcare organizations, public charities, private foundations, social welfare organizations, trade associations, and government entities. His advice covered a wide variety of legal, strategic, and tax issues including qualification for tax-exempt status, public charity status, unrelated business income tax (“UBIT”), excise taxes applicable to private foundations and public charities, charitable contributions, domestic and international grantmaking, joint ventures, lobbying and political activities, and executive compensation.
Prior to entering the private legal sector, Preston served more than seven years in the IRS Office of Chief Counsel, most recently as Special Counsel to the Associate Chief Counsel of Tax-Exempt and Government Entities.