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Centri Welcomes Dave Madden as Senior Director, Tax Advisory

Philadelphia, PA. – August 6^th, 2024 – Centri Business Consulting, LLC is excited to announce the addition of a new Senior Director, Dave Madden, to the firm. Dave joins Centri’s Tax Advisory Practice, one of the firm’s latest service offerings dedicated to helping clients understand the complexities and implications of evolving tax regulations while mitigating organizational risks.

Dave brings over 30 years of experience to Centri, specializing in tax structuring, consolidated return regulations, tax attribute carryforwards, debt workout issues, Subchapter C of the Code (corporate income tax), bankruptcy and its related issues, and other general tax issues.

Dave joins Centri’s Frank Angeleri, Senior Director, who joined the firm’s Tax Advisory Practice earlier this year. With their combined leadership skills and extensive experience, Dave and Frank will work closely together to provide quality Tax Advisory services for the evolving needs of our clients.

“We’re delighted to welcome Dave to the firm,” says Michael Aiello, CEO & Managing Partner of Centri. “His extensive background and expertise in the tax landscape make him a valuable asset for our clients. He is another great addition to our expanding tax advisory team.”

Dave added, “I’m thrilled to be a part of Centri’s Tax Advisory Practice and help our clients navigate a complex and evolving tax landscape. I look forward to working alongside a team of leaders who provide solutions to clients at all points of their business journey.”

Prior to his time with Centri, Dave was a key member of KPMG’s Washington National Tax practice in their Corporate Group. In this role, he was instrumental in optimizing the tax structure of corporate transactions, including mergers, acquisitions, divisions, and other distributions. 

Before KPMG, Dave worked in the Office of the Assistant Chief Counsel (Corporate) for the Internal Revenue Service (IRS) in Washington, DC.  There, he was a branch chief responsible for managing a staff of attorneys who worked on Treasury regulations, revenue rulings, private letter rulings, and technical advice requests. He also provided general support for the Examination and Appeals functions of the IRS. 

Prior to becoming a branch chief, Dave was an attorney advisor in the same office. He was the drafting attorney for several Treasury regulations, including those involving basis following a triangular reorganization, limitations on net operating loss carryovers and other tax attribute carryforwards (Section 382), and significant modifications of debt instruments treated as an exchange.

Dave has been a frequent participant speaker before the ABA, AICPA, and Federal Bar. He has published articles in the Journal of Corporate Taxation, Tax Management International Journal, and Corporate Business Taxation Monthly.

Dave received his J.D. from the University of Connecticut School of Law and his Masters in Law (Taxation) from Georgetown University Law Center, where he has also served as an Adjunct Professor.