Gian oversees KBKG’s Cost Segregation group nationally. He is also a subject matter expert for 263(a) Repairs vs. Capitalization services.
Gian is a recognized leader in the cost segregation field serving as a former President (2013-2015 term) of the American Society of Cost Segregation Professionals (www.ASCSP.org) and holding a seat on their Board of Directors for a decade. Additionally, he was chair of their Technical Standards committee from 2009-2013.
He led the ASCSP Technical Committee to publish the first set of standards that all cost segregation reports must follow in order to be stamped by a Certified Member (MQS Report Requirements Appendix MQS 2011-1 Issued October 21, 2010). He coordinated ASCSP’s remarks on numerous issues including comments to the IRS on the newly issued “Repair Regulations” (December of 2011) and was also the lead author for ASCSP’s official commentary on the AmeriSouth XXXII., vs. Commissioner case; and the Peco Foods vs. Commissioner case. As President of ASCSP, Gian has assisted the Internal Revenue Service by providing feedback on amendments to the IRS Cost Segregation Audit Techniques Guide prior to public release.
Gian was one of the first in the country to become a “Certified Cost Segregation Professional” (CCSP) and one of the few that has provided expert witness testimony on Cost Segregation issues before the IRS. Prior to joining KBKG, Gian worked at two of the Big Four accounting firms. At PwC in Chicago, he served on the National Cost Segregation Consistency Committee where he was responsible for the development of their proprietary cost segregation software. He was also recognized for initiating and developing their first in-house advanced engineering training program.
Gian has been published in various journals such as Accounting Today, BNA Bloomberg and the CPA Practice Advisor. He’s been invited to speak to thousands of CPAs through associations including the AICPA, California Society of CPAs, BNA Bloomberg, Strafford Publications, National Association of Tax Professionals, Oregon Society of CPAs, Washington Society of CPAs, Illinois Society of CPAs, Colorado Society of CPAs, Lorman Education, Denver University and more. A full list of Gian’s published articles can be found on his linked in profile here: https://www.linkedin.com/in/costsegregationservices/
Gian graduated from Purdue University with BS in Civil Engineering, with an emphasis in Structural Design. He is a member of the American Society of Civil Engineers as well as a lifetime member of Chi Epsilon, a civil engineering honorary fraternity.
Key Experience and Affiliations:
• ASCSP Certified Cost Segregation Specialist: Member #C0029-07
• American Society of Cost Segregation Professionals:
• 2013-2015: Former President of ASCSP
• 2009-2013: Chair of Technical Standards Committee
• 2007-2016: Board of Directors
• Expert witness for cost segregation matters before the IRS
• Instructor and author for numerous national educational groups
• “Big Four” industry experience
• American Society of Civil Engineers; Chi Epsilon (Civil Engineering)
• Real Estate Roundtable - Associate Council Member (2019 - Present)
Favorite Sports Teams: Boston Celtics, New England Patriots, Purdue Boilermakers, Boston Bruins
Hobbies and Interests: Fishing, Golf, Tennis, Snorkeling, Sports
Recent KBKG Tax Insights by Gian Pazzia
- KBKG Tax Insight: Updates to “Qualified Improvement Property”11/09/2018With the 2017 tax year behind us, tax professionals are laser focused on the various new rules presented by the recent Tax Cuts and Jobs Act (TCJA) effective for the 2018 tax year. One of the most ...
- KBKG Tax Insight: IRS Penalizes Cost Segregation Provider for Aiding and Abetting03/06/2018Tax preparers and their clients often cannot recognize quality differences among cost segregation service providers, leading to buying decisions based on who proposes the lowest fee or promises the ...
- Minimize Gains on Sale of Condos in Mixed-Use Developments. Condo Tax Basis Allocation Studies01/09/2018Traditional cost accounting for mixed-use residential projects often does not properly allocate all construction costs to each section of the property. Consequently, there may be a significant ...