Detailed Biography of Larry Scott

Larry Scott is managing partner of Scott & Cronin LLP, one of the leading Certified Public Accounting firms in San Diego. Mr. Scott graduated from San Diego State University with an undergraduate degree in Business, Math and Economics and studied accounting in the Graduate School of Business. After starting his career with Price Waterhouse in San Diego in both the tax and auditing departments he formed his own practice in 1978. Mr. Scott holds Series 7 & 66 securities licenses in addition to being licensed as a CPA in California.

The primary emphasis of the practice is individual and business taxation. Many of the firm's clients are closely held corporations, partnerships and limited liability companies. Closely held businesses offer unique tax planning opportunities for the individual and business to provide the maximum benefit and protection to the shareholders and/or partners.

Mr. Scott has worked extensively in real estate transactions and strategies and the use of partnership and LLCs. In addition, Mr. Scott has worked in the area of Offshore and International Tax planning for high wealth individuals. This work has required trips to London, the Isle of Man and Kuwait, with each trip giving a unique perspective on the continuing tax planning process.

Additionally, Larry has served as treasurer to numerous campaign committees including the former Governor of California, several U. S. Senators, Congressmen, Assemblymen, the former and current Mayor of San Diego and the current Sheriff. Mr. Scott also served as treasurer of Prop. 49 sponsored by Arnold Schwarzenegger. The firm continues to work on behalf of local politicians, political action committees and ballot measures.

Mr. Scott served as treasurer of the California Governor's Council on Physical Fitness and is treasurer and a founding member of the After School All-Stars. ASAS is part of a national organization that works with at risk kids to provide positive alternatives to drug usage and gang involvement. Larry is also Vice Chairman of the R.C. Baker Foundation and an active fundraiser for Challenged Athletes Foundation.

Mr. Scott has two children and four grandchildren.