HUGO PAPA, CPA

HUGO PAPA, CPA

Founding Partner

BA St. Peter's College, MBA Fairleigh Dickinson University - Accounting and Taxation

U.S. Army Veteran - HHD 11th Special Forces Group (Airborne)

Presently, Managing Partner of  H PAPA & ASSOCIATES, a CPA and advisory firm focusing on taxation, investment strategies, and qualified plan design and maintenance.

Hugo specializes in tax and retirement planning strategies, distribution planning, as well as wealth transfer, trusts and charitable giving.  He is a Founding Partner of HPA FINANCIAL GROUP, a Registered Investment Advisor.

Hugo is a member of the AICPA,  Personal Financial Planning and Tax Sections.

 

Business Owner- Hugo has had a private CPA practice since 1978. His focus was tax preparation for individuals, business owners and trusts as well as tax planning and efficiency, small business planning and structuring, and estate preservation techniques.

 

Leading Customer to success-In the early 80s one of his clients, Newark Beth Israel Health System, a leading NJ hospital came to him with a desire to reach out to the urban community to make health care accessible. Together with one of their practicing physicians, he conceptualized this idea, did the financial projections and budgeting. It was presented to the Board of Trustees, approved and budgeted. It became one of the first off site Geriatric Healthcare Centers in the country. This model was met with such success that the Board of Trustees used it as a prototype and mandated other departments to follow suit. This was the precursor to what we know today as urgent care centers, surgery centers, etc.

 

Prudent Leadership -CFO and Joint Owner of a medical device manufacturer. His mandate was to identify the critical initiatives needed to take the company to the next level. Among these initiatives, the most significant was the establishment of an innovation and engineering cell specializing in prototype to full product development for medical devices and pharmaceutical packaging. This cell provides a quick solution to large corporations in expediting concept development. Bayer Pharmaceuticals is one prominent client utilizing their innovations in plants worldwide.

Engaged Opportunities -Became partner and CEO of a precision machining manufacturer specializing in low-cost/high-production runs. Company was sold.