Karolis Matulis, a Manager at WilkinGuttenplan, has been with the firm since 2013. He is the chair of the firm’s Innovation Council, facilitating multiple internal process automation initiatives.
Karolis helps his clients solve problems and save money. He has a keen ability to unpack and advise on the tax consequences of business transactions. His expertise includes real estate and partnership taxation, complex partnership transactions, §704(b) and (c) fair market value basis of accounting, and §1031 exchanges. Karolis also supports his clients’ long-term financial strategies by helping to devise and structure business transactions. He also has experience in the preparation of business valuation reports for use in litigation and estate/gift tax.
Beyond his expertise in traditional business finance, Karolis’ knowledge in emerging technologies allows him to uncover opportunities for operational improvements for his clients. He has experience designing process automation solutions, implementing software improvements, and architecting system integrations for seamless interoperability across organizations. Karolis has been at the forefront of developments in blockchain and digital assets. He advises clients on the tax and accounting consequences of owning, trading, mining, and staking digital assets. He has helped develop accounting processes for portfolios of digital assets and has advised clients on the use of tokens within their business ecosystem.
Karolis’ range of focus allows him to contribute unique professional expertise to solve virtually any business problem.
Professional and Civic Achievements:
- Recipient of the NJCPA 2020 Ovation Award for Innovation Member of the New Jersey Society of
Certified Public Accountants (NJCPA)
- Vice Chair of the NJCPA’s Emerging Technology Interest Group
- Member of the American Institute of Certified Public Accountants (AICPA)
- Member of the National Association of Certified Valuators and Analysts (NACVA)
Karolis graduated with a Bachelor of Science in Accountancy from The College of New Jersey. He continues his education through regular continuing professional education (CPE) and educational seminars.
Licenses and Certifications:
- CPA License: New Jersey
- CVA: Certified Valuation Analyst