Our Team

Michael J. Kessler, Founder & CEO

Profitability Visionary and CPA

Mike’s Maxim: “The deepest possible understanding of your business comes first from making and delivering the product yourself. The true limit to scaling your business profitably will be determined by how well you can train others (and how many you can train) to make and deliver the product even better than you can.”

Mike Kessler Pic

In everything he does, Mike believes in challenging the status quo. He believes in thinking differently from traditional accounting. The way Mike challenges the status quo is by bringing his clients and their families into a world where their stress is reduced and their quality of life improves with an increased net after-tax cash flow far exceeding the investment they make in their relationship with him.

Prior to founding his Profitability Consulting and CPA business in 2011, Mike spent over 25 years as a small business CEO in private industry. Mike’s businesses grew more than 400% in a transformation he likens to “hitting the business trifecta.” Starting as a family-owned group of businesses, the group became employee-owned and then was acquired four times in ten years by multi-billion dollar public companies.

Mike’s business achievements include The Rockwell Collins President’s Award, election to the Rockwell Collins Supplier Alliance Advisory Council, The Best of Long Island Business Award, is a SmartCEO CPA/ESQ Award Winner and a Long Island Business News Business & Finance Award Winner. Mike, who is honored to be your host for his weekly radio show Business Profits In The Real World on 103.9FM LI News Radio, has been seen on NBC, CBS, ABC and FOX Affiliates around the country and is a frequent guest commentator of 103.9FM LI News Radio morning host Jay Oliver on LI in The AM as well as on FiOS1 News with Krista McNally. Mike is a Best-Selling Author of “Mastering The Art Of Success” with co-author Jack Canfield and loves to educate with his weekly Real World Strategy Blog and by speaking before various business forums including The Hauppauge Industrial Association, The Accountants Resource Group, The Long Island Advancement of Small Business and The Long Island Profitability and Economic Conference.

Mike’s education includes a unique blend of four financially based accreditations: BS in Accounting, BS in Mathematics, Certified Public Accountant and Chartered Global Management Accountant. Mike is very active in his community supporting The Down Syndrome Association, The Independence Fund, The Leukemia Lymphoma Society and has been honored as one of Long Island’s Champions for a Cure for his work in support of the Arthritis Foundation.

Mike and his wife Karen reside on Long Island where they raised their three sons who all served in our armed services, and are blessed with four beautiful grandchildren.

 

Carol Soman

Chief Operating Officer and CPA

CarolIn everything she does, Carol delivers consistent results by utilizing her strong background in finance, sales and business development, supply-chain management and strategic sourcing. She provides real impact for her clients who aspire to increase take home income and salable market value of their business, while improving their quality of life and reducing their burden of management. Her unique skill-set in business operations coupled with her proprietary methodology developed for fixing profit leaks, makes Carol a critical business partner to small and midsize businesses looking for solutions to positively impact profitability.

Carol brings extensive resources to her clients and partners through her extensive business network, which rivals any in the NY-Metro region. In 2014 and 2015 Long Island Business News named Carol one of the 50 Most Influential Women in Business after naming her CFO of The Year in 2013.  And in 2016 Carol was named a Star Network Long Island Power Women Award Winner and in 2017, Carol was named a Future 50 Award Winner by SmartCEO

 

Karen Riess

Executive Vice President – Tax Problem Resolution

Karen is a seasoned case manager and highly skilled in quantitative and statistical analysis, budgeting and forecasting:

  • High level modeling and reporting to facilitate decision making
  • Strong analytical skills supporting business operations through development and analysis of key performance indicators
  • Liaison between various business departments to deliver organizational results
  • Leading negotiations to deliver most favorable tax resolutions

 

Joseph Scarpa, CPA

Of Counsel

Joe is the trusted CPA/Advisor to hundreds of NY-Metro small businesses for over 30 years

  • Former board director of Nassau/Suffolk Chapter of the National Conference of CPA practitioners (NCCPAP)
  • Former chairperson of the audit and membership committee; served on the by-laws committee.
  • Former board director of the Educational Foundation of NCCPAP
  • Formerly worked at KPMG, “Big 4” accounting firm