Dwight Percy has worked at the firm for 22 years in the areas of public and corporate finance. Dwight specializes in financial planning, compliance for tax-exempt debt issuers, valuation and litigation support.
Public Finance Advisory Services: Dwight has served as financial adviser to many public bodies in Alabama, with special emphasis on tax-exempt debt, asset and liability management, debt capacity, projected cash flow and calculation of arbitrage rebate liability for federal tax purposes. Important engagements have included the City of Birmingham, The Birmingham-Jefferson Civic Center Authority and Jefferson County Alabama.
Valuation and Related Services: Dwight is an Accredited Senior Appraiser in Business Valuation by the American Society of Appraisers. The ASA is one of the most respected multi-disciplinary appraisal associations in the world. In 2001 and 2008, Dwight served as President of the Alabama Chapter of the ASA. Dwight has prepared numerous business appraisals for the purposes of gift taxes, estate taxes, income taxes, and family planning. He also provides support to clients involved in litigation and when expert testimony is required. When the firm is requested to provide a fairness opinion, Dwight normally provides the analysis and rationale for the transaction.
IRS Audit Response: Dwight has assisted tax-exempt clients under audit by the IRS by collecting, analyzing and presenting information regarding uses of bond proceeds. Successful work on IRS field audits involves understanding and anticipating the key issues that might come up, locating and analyzing relevant information, and presenting it effectively to IRS agents in a way that responds to their inquiries and avoids confusion.
Before joining Porter, White & Company, Dwight was a strategic corporate planner at SONAT, a major natural resources company. He graduated from the University of Tennessee in 1976 and received an MBA from Vanderbilt University in 1981.