David J. Gravel, CPA
Dave is a leader in AAFCPAs’ cannabis practice. He provides tax and consulting solutions to multi-state operators, recreational and medical retailers, cultivators, product manufacturers, and investors.
He has extensive experience advising cannabis operators and license applicants on optimal entity structure, maximizing deductions in accordance with IRC Section 280E, and multi-year tax planning to ensure preferred tax results, with a focus on preserving cash and maximizing lender/investor value. He also provides guidance on avoiding pitfalls associated with 280E and state and local tax compliance. He helps clients understand the critical role of cost accounting in the cannabis space, and what is scrutinized by those evaluating your statements. He provides insight on documentation needed and what to expect to support an IRS or other external audit.
Dave is a member of the firm’s Cannabis and Tax Training Committees and an in-house career coach and trainer on diverse tax topics. He is an active member of the Massachusetts Society of Certified Public Accountants (MassCPAs) and a Firm Ambassador dedicated to making lasting professional connections and building community. He has been serving AAFCPAs’ clients since 2012.
Education
- Bryant University – Master of Professional Accountancy
- Bryant University – Bachelor of Arts, Business Administration – Accounting, Summa Cum Laude
Professional and Civic Associations
- Association of International Certified Professional Accountants (AICPA)
- Massachusetts Society of Certified Public Accountants
- Beta Gamma Sigma