Mary Torretta

Executive summary

Mary is a Tax Principal in Grant Thornton's Not-For-Profit and Healthcare Practice and is solely dedicated to tax-exempt clients. As a tax attorney, Mary is responsible for research in the legal and business consequences of tax planning strategies, tax controversy, applications for exemption, and private letter ruling requests for not-for-profit organizations.

Mary has specialized, technical experience with regards to IRS Form 990 and the compliance needs of not-for-profit and healthcare organizations. Mary provides consulting services in the areas of multi-entity structures, healthcare entity reporting needs, board governance and management, tax return positions, unrelated business taxable income, intermediate sanctions, tax-exempt bond reporting and formation of tax-exempt organizations.

Professional qualifications and memberships

• Virginia State Bar
• Healthcare Financial Management Assoc.
• American Health Lawyers Association – Tax
   

Presentations and publications

Mary has authored the following articles, among others:

• Employment Tax Reporting for Disregarded Entities, AICPA Tax Adviser
• Taxable Income from Controlled Entities, Taxation of Exempts
• NFP Forward Thinking Alerts and Tax Alerts
• Tax Planning for Ancillary Joint Ventures, American Health Lawyer Association
• Various Articles, NonProfit Times
  
  

Education

• Juris Doctorate from the George Mason University School of Law
• Bachelors of Science (Accounting and Criminal Justice) from Charleston Southern University