Make A Payment Client Portal Contact
Let's Talk

David Leipnik

Partner

410.900.1055  | 

David Leipnik, CPA, CVA, is never shy when it comes to taking an active role in his clients' business and tax planning. Construction, real estate, distribution and nonprofit organizations are just a few of the types of clients he serves.

 

YOU MIGHT NOT KNOW

In high school, his nickname was DJ Jazzy Leipnik.

David Leipnik, CPA, CVA, is a partner in the firm’s tax department. David provides accounting and tax services to a variety of clients, including nonprofit organizations, construction and real estate companies, and professional service firms and distributors. He is a member of the firm’s Manufacturing & Distribution Group and Nonprofit Groups.

With 10+ years of accounting experience, David prepares and reviews individual, corporate, partnership, nonprofit and trust tax returns. He is experienced in preparing compiled and reviewed financial statements and also provides business valuation services for closely held businesses, providing valuation services in regards to gifts, estate planning and mergers.

When it comes to helping his clients, David is never shy when taking on new challenges and enjoys taking an active role in his clients’ businesses and tax planning.

David is a graduate of the Baltimore Jewish Council’s leadership development program. He is a member of the American Institute of CPAs, National Association of Certified Valuators and Analysts, Maryland Association of CPAs, Baltimore Estate Planning Council and Virginia Society of CPAs. David serves as a board member for Talmudical Academy of Baltimore.

Education

  • Bachelor of science degree in accounting, University of Maryland, University College (2005)
  • Masters of science degree in taxation, University of Baltimore (2013)

Affiliations

  • American Institute of CPAs
  • Baltimore Estate Planning Council
  • Maryland Association of CPAs
  • National Association of Certified Valuators and Analysts
  • Virginia Society of CPAs

More Fun Facts

  • Having grown up in Montreal, Canada, he is still a big Montreal Canadiens fan, though he can’t quite remember how he managed to survive the freezing winters there.
  • When he’s not in the office, David enjoys spending time with his wife and their three children.

Articles By David

Beware of Employee Retention Credit Scams

If advertisements about the Employee Retention Credit (ERC) have grabbed your attention, you’re not alone. Scammers have jumped on the opportunity to convince business owners to claim this potentially lucrative tax credit. Here’s what you need to know about the ERC, who qualifies and how to avoid falling victim to a scam.

Read More

Maryland Raises Business Personal Property Tax Exemption

The Maryland State Department of Assessments and Taxation (SDAT) made business owners very happy as House Bill 268 (HB268) has officially taken effect. This legislation increases the exemption amount of personal property eligible to be taxed. The exemption has gone from $2,500 to $20,000 for businesses, and from $10,000 to $20,000 for at-home businesses. As an extension of legislation HB90, which exempts from personal property valuation and taxation if the total cost of the personal property was less than $2,500, this new legislation is said to save $44.2 million in taxes for 14,217 Maryland businesses by increasing the exemption limit to $20,000.

Read More

Infrastructure Legislation Terminates ERTC

The Infrastructure Investment and Jobs Act was signed into law on November 15. While most of the legislation is related to investing in the nation’s infrastructure, there were a couple of tax provisions included in the bill. Here’s what you should know about two of those tax provisions: one affecting businesses and the other affecting brokers of cryptoassets.

Read More