About EMD

The Tax Firm:

EMD Tax Consulting (EMD) is a highly professional boutique tax firm specializing in federal, state and local tax matters. The firm was founded by Ernest M. DeMeneses, CPA, MST, MBA in 1997. EMD is comprised of two main tax specialty Teams. One tax specialty Team focuses on Fortune 1000 companies, while another tax specialty Team focuses on tax-related services for Individuals and Small/Mid-Sized companies.

EMD's Fortune 1000 tax specialty Team advises Fortune 1000 companies across all industries throughout North America, including corporate tax departments of some of the largest, publicly-held, multi-billion dollar companies in the world.

The President & Founder - Ernest M. DeMeneses, CPA, MST, MBA:

Ernest DeMeneses"EMD adheres to the highest standards and expectations.   Client service is our first priority, and it is clearly reflected in the overwhelmingly positive feedback we continue to receive.  There's never a doubt that we truly appreciate their business. That's just one reason why "Experience Makes the Difference!" ~ EMD

Experience:

Ernie is a nationally-recognized, seasoned tax professional with a wealth of education, experience, common sense and good old-fashioned values.  He established EMD Tax Consulting (EMD) in 1997 and has led the firm since inception. 

In 2009, Ernie departed from a national tax consulting firm to focus exclusively on the expansion of EMD.  From 2004-2009, Ernie held the position of Senior Tax Manager with a national tax firm. In that role, he directed all aspects of their Northeast practice.  Ernie managed a myriad of tax consulting projects for some of the largest and most widely recognized companies in the world.  Ernie has advised the following companies: Agfa, Amphenol, Chemtura, Delaware North, EMC, Flight Safety, Lubrizol, Millennium Pharmaceuticals, Monster Worldwide, Novartis, Pep Boys, PSS World Medical, Saint Gobain, Teknor Apex, Teradyne, Terex, Toray Plastics, United Technologies, Verizon Wireless, Wal*Mart, Watts Water and many others.  Most of these projects involved audit defense or reviewing and analyzing complex federal and multi-state income/franchise tax returns for tax minimization opportunities and/or exposures through reverse audits, credit analyses and NOL studies, along with the reporting of state tax changes attributed to federal audit adjustments.  During his tenure, Ernie uncovered over $100 million of tax savings opportunities on behalf of his clients.

For the 8 years prior to joining the national public tax sector, Ernie held the position of Tax Manager for a Fortune 500 company located in downtown Providence, Rhode Island.  In that position, he managed, trained and developed tax professionals as well as advised subsidiaries, divisions and departments on income, sales/use and property tax matters.  Ernie was also responsible for compliance, accounting, planning, due diligence, policies/procedures and year-end analyses pursuant to FASB Statement 109 on behalf of 50 legal entities conducting business in the U.S. and abroad.  In addition, he participated in software implementations of Property Tax Management Software (PTMS), Vertex Quantum and CorpTax.  Ernie also designed custom on-line tax research manuals (featured in the company's 1998 Annual Report), initiated compliance with the Sarbanes-Oxley Act and participated in various Six-Sigma Blackbelt/Greenbelt projects.

Education/Licenses:

- Certified Public Accountant (CPA) - RI License #3342
- Master of Science in Taxation (MST) - Bryant University, Smithfield, RI
- Master of Business Administration (MBA) in Finance - Bryant College, Smithfield, RI
- Bachelor of Science (BS) in Accounting - Rhode Island College, Providence, RI

 Affiliations/Memberships:

- Member of the American Institute of Certified Public Accountants (AICPA)
- Member of the Rhode Island Society of Certified Public Accountants (RISCPA)
- Member of the East Providence Area Chamber of Commerce (EPACC)
- Member of AccountantsWorld