News: Financial Digest

Magyar named tax director at G.T. Reilly & Co.

According to Anthony Smeriglio, president and managing director of the public accounting firm of G.T. Reilly & Co., Carol Magyar, CPA, MST, has been named a tax director of the firm. Magyar joined the firm in 1984 after 10 years of combined experience in public accounting and private industry accounting. Magyar is a CPA and holds a Master's of Science degree in Taxation from Bentley College and a Bachelor's degree from Northeastern University. Magyar is a member of the American Institute of Certified Public Accountants and the Mass. Society of Certified Public Accountants. Among other memberships and activities, she is a member and past president of the Norfolk and Plymouth Estate and Business Planning Council. Magyar has experience working with tax-related issues of privately-held business, non-profit organizations and individuals, and she is particularly experienced in consulting in the area of estate tax planning. She has been employed by the firm for 25 years.
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Preservation of Affordable Housing secures $23.5 million in financing from Rockland Trust and Citizens Bank

Cambridge, MA The nonprofit Preservation of Affordable Housing (POAH) has secured $23.5 million in financing from Rockland Trust and Citizens Bank to transform a 150-year-old, underutilized church complex into housing. The project will ultimately create 46 affordable family-sized apartments.
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