Sorie Kaba, CPA
Sorie has extensive experience providing assurance, tax, and consulting solutions to sophisticated nonprofits, including multi-service human & social services providers, Federally Qualified Health Centers (FQHCs), Community Development Corporations and their affordable housing projects, and community development financial institutions (CDFIs).
Sorie has expertise leading audits in accordance with Uniform Guidance (UG)/Single Audit and Government Auditing Standards. He helps clients untangle the complexities of UG compliance, including challenges associated with cost principles, allowable versus unallowable costs, remediation plans, and more.
Sorie is highly sought-after for his expertise in the community development/ affordable housing sector. He has authoritative knowledge on the subject of tax credit-based financing, including New Markets tax credits (NMTCs), Low-Income Housing tax credits (LIHTCs), federal and state Historic Rehabilitation tax credits, Renewable Energy tax credits, and projects that combine tax credits with various levels of debt and rental assistance subsidies. He provides clients with advice throughout a project’s life cycle from deal structuring to tax credit compliance and assisting with investor exits.
In addition to conducting in-housing training of AAF’ team member, Sorie co-presents annually about New Markets Tax Credits on behalf of the Massachusetts Housing Investment Corporation. He also chairs AAFCPAs’ Diversity, Equity, and Inclusion Committee, and is an active member of the National Association of Black Accountants (NABA). Sorie has been serving AAFCPAs’ clients since 1999.
Education
- Salem State University – Bachelor of Science, Accounting, cum laude
Service
- MSCPA – Real Estate Committee Member
- United Way of Massachusetts Bay and Merrimack Valley – Audit Committee