Gregory A. Ichel, CPA

Mr. Ichel is a Principal in the Hudson, Wisconsin office of The Arbitrage Group, Inc. As both a CPA and attorney, he brings both perspectives to his work in the group's arbitrage rebate compliance practice. Mr. Ichel responsibilities for the Rebate Practice of The Group include:

• Coordinating engagements with a variety of different clients consisting of major municipalities, hospitals, universities, as well as other issuers/borrowers of tax exempt bonds; bond attorneys; corporate trustees and financial advisors throughout the United States. In this capacity, Mr. Ichel is responsible for gathering the necessary data required to perform the rebate calculation.

• Analyzing bond documents and bond proceeds investment activity to identify key characteristics of the bond issue and determine the related IRS arbitrage rebate requirements

• Preparing or reviewing the computation of arbitrage earnings computation including ensuring that the computation is in compliance with the IRS arbitrage rebate requirements

• Researching technical issues for our clients

• Delivering arbitrage consulting services as they relate to rebate

Prior to joining The Arbitrage Group, Mr. Ichel was a partner at a top 10 accounting firm, which he joined in 2002. There he gained invaluable experience in rebate, yield monitoring, yield restriction and related compliance areas. He also provided critical high-level reviews for the prior firm’s loan defeasance practice.  Before that, Mr. Ichel worked as a tax manager for three years with Andersen’s municipal bond services group. He also held the position of tax associate attorney for a New Jersey law firm and, prior to that, spent three years at Deloitte within their audit department.

Professional qualifications and memberships

• Certified Public Accountant (CPA) in MN, WI, and NJ

• Esq., NJ (non-practicing)

• American Institute of Certified Public Accountants

• National Association of Bond Lawyers

Presentations and publications

Mr. Ichel has both written and presented on a range of public finance topics. A contributor to the Seton Hall Law Review during law school, more recently he published “Tax-Exempt Financing – Traps for the Unwary Executive,” “Tax Exempt Bonds – IRS Examinations are Coming. Will Your Organization Be Ready?,” and “Tax Exempt Bonds – IRS Proposes Changes to Rules,” in The Non-Profit Times, the leading business publication for nonprofit management. He has served (and continues to serve) as an expert panelist for: (i) the annual National Association of Bond Lawyer’s bond attorney workshops and tax and securities law institute and (ii) local government finance officer association groups, including the joint WI/IL GFOA and IGFOA annual conferences.

Education

Bachelor of Science ― Accounting, cum laude, Rutgers University School of Business
Juris Doctorate, cum laude, Seton Hall University School of Law