Karen A. Gries, CPA
Karen Gries is a partner with the CliftonLarsonAllen focusing on the tax implications of exempt organizations. Karen's 25 year public accounting career has been focused on serving the needs of exempt organizations. Her experience includes providing services to a variety of tax-exempt organizations, including charities, social welfare, business leagues and associations, credit unions, health care providers, religious organizations, and others. Her experience also spans many industries such as public charities and private foundations, higher education, health care and senior living, arts and social welfare, etc. Karen provides a broad range of services to tax-exempt clients, including analysis, planning, and reporting of unrelated business income; intermediate sanctions analysis and application including assistance in mitigating an organization's exposure; organizational structures; corporate compliance reviews; joint venture planning to preserve exempt status; consulting on matters of fringe benefits and compensation; applying for exempt status; resolving disclosure issues related to Form 990; and maintenance of exempt and public charity status. Karen is a member of the American Institute of Certified Public Accountants and Greater Washington and Virginia Society of Certified Public Accountants, ASAE and National Association of College and University Business Officers. Karen currently serves on the Internal Revenue Service Advisory Committee on Tax Exempt and Government Entities (ACT). The ACT consists of external stakeholders and representatives who deal with employee retirement plans, tax-exempt organizations, tax-exempt bonds and federal, state, local and Indian tribal governments. She is a frequent speaker on tax exempt issues for the Aging Services of Minnesota and South Carolina, American Institute of Certified Public Accountants, ASAE, Minnesota and Iowa Society of Certified Public Accountants, Minnesota State Bar Association Continuing Legal Education, Nonprofit Financial Group, Wisconsin Association of Homes and Services for the Aging, and other organizations.