Friday, February 25, 2022

Many Super Bowl Wins Do the Tampa Bay



A resident of Scarborough, Maine, Richard McCarthy holds an MBA from Purdue University, Krannert School of Management, and a bachelor's degree in accounting from Fairfield University in Fairfield, Connecticut. He is the CFO at DLTC Healthcare, an assisted living facility about two hours away from Scarborough, Maine. Outside of work, Richard McCarthy enjoys watching the Tampa Bay Buccaneers play.

The Tampa Bay Buccaneers are a National Football League (NFL) team based in Tampa, Florida. The team, commonly referred to as the Bucs, was started in 1976. In the 46 NFL seasons they have played, they have only made it to the Super Bowl, the annual NFL championship game, twice and won both games.

The Tampa Bay Buccaneers first made it to the Super Bowl in 2002, where they played the Oakland Raiders, beating them 48–21 to clinch their first championship. After that, the Bucs only made it back to the Super Bowl in 2021 after they signed one of the greatest NFL quarterbacks in history, Tom Brady, in 2020. Brady led the team to their second Super Bowl appearance, where they thoroughly defeated the Kansas City Chiefs 31-9.

Tuesday, February 8, 2022

IRS to Reduce Tax Burdens


A diverse business leader with a long history in accounting and finance, Richard McCarthy lives in Scarborough, Maine, and serves as chief financial officer of both DLTC Healthcare in Rockport and Avery Investments in Portland. Richard McCarthy of Scarborough, Maine, is a member of multiple professional associations, including the American Institute of CPAs (AICPA).

The largest association of accountants in the world, the AICPA supports more than 431,000 members in 130 countries. In addition to providing a range of educational and compliance services, the AICPA regularly speaks out on important industry policy issues.

In January of 2022, the AICPA partnered with roughly a dozen organizations to urge the Internal Revenue Service (IRS) to undertake significant measures to eliminate unnecessary tax burdens on both taxpayers and accounting practitioners during the 2022 tax season. The AICPA coalition (which also included organizations such as the National Association of Tax Professionals, the National Conference of CPA Practitioners, the National Association of Black Accountants, and Latino Tax Pro) sent a letter to the IRS that cited the “challenging times” as a reason to immediately put “reasonable penalty relief measures” into place.

The Buccaneers’ Retired Jerseys

  A CPA from Scarborough, Maine, Richard McCarthy leverages his education and wealth of experience in finance and accounting to inform his r...