Elizabeth B. L'Hommedieu

Principal, Financial Institutions & Products


Liz L'Hommedieu works in the Financial Institutions and Products group, which focuses on banking and financial services, of KPMG LLP's Washington National Tax practice. She is also a member of KPMG’s National Banking and Capital Markets practice tax leadership team.

Liz has more than 16 years of experience in federal and state taxation, and provides consulting on a wide range of tax issues relevant to banking and capital markets. Current and past clients include leading entities in the financial services industry. She spends much of her time on federal tax planning, compliance, and provision work for banks and finance companies. She has worked on numerous projects for banking organizations, including internal restructurings, tax calculations, and accounting method changes.

Liz also consults with financial services clients to identify and develop more efficient tax department processes, which include customized technology tools tailored for financial institutions. In addition, she has extensive experience with state and local tax planning and state tax technical support for clients in the financial services industry. Liz has assisted numerous financial institutions with successfully resolving state tax controversy issues and in redesigning structures to improve state tax efficiencies.

Liz also consults with many regional financial institutions and consumer finance companies on information reporting processes and the Foreign Account Tax Compliance Act (FACTA). She assists taxpayers with evaluating FATCA impacts to banking and finance operations and with the design and implementation of target operating models for FATCA compliance. Liz has experience documenting financial institutions’ current processes for Chapter 3 information reporting and designing target operating models with technology, efficiency, and customer experience improvements.

Liz has addressed federal and state tax issues at many tax conferences, including the Bank and Capital Markets Tax Institute; the Georgetown State & Local Tax Conference; and Tax Executives Institute local chapters. Liz has BA and MBA degrees from the University of Rochester and an MT degree from the University of Denver College of Law.

Elizabeth B. L'Hommedieu

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