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Archive for Kat Jennings

Tax Supervisor-Family Office (San Francisco, CA)

Tax Job In San Francisco, CA Family Office

Tax Supervisor (San Francisco, CA)

TaxConnections has been retained to conduct a search for a Tax Supervisor for a high net worth family in San Francisco, CA. The Tax Supervisor is responsible for the preparation, review and filing of tax returns and supporting work papers for high net worth individuals, complex trusts, gifts, private foundations and entity tax returns for the family (the “Family”). Other tax compliance work includes the preparation of quarterly tax projections and determination of estimated tax payment requirements; tax research; and related correspondence with clients and contacts to request tax information.

This position is also responsible for providing year-round accounting and administrative support on recurring or special projects as determined by management. Responsibilities include preparation and review of federal and State income tax returns, including current knowledge of compliance and accounting matters for the following taxpayers:

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Tax Professionals Working Smart: High Performance Tax Calendar

Akore Tax Calendar

Having the luxury of a low cost, high performance Tax Calendar that covers every imaginable tax return is a welcome tool to manage any tax organization or a tax services firm client list. This low cost, affordable Tax Calendar provides much needed organization to  tax professionals in large, medium and small corporate tax organizations and tax services firms.

Akore Tax Calendar is easy to use, inexpensive, high quality and best of all it is simply an amazing tool that tracks all tax returns. Request a tour of this Tax Calendar and get organized in 2020!

Make your job at a tax professional so much easier this year. Click on the link below to learn more about this time saving calendar.

Request A Tour To Get All Tax Returns Organized In 2020

Are you a large corporate tax organization or a public accounting firm? Ask us about our scanning services to make your decision easier.

 

 

TaxConnections: Who We Are, How We Create More Success For Tax Professionals

TaxConnections About Us

As the CEO of TaxConnections, I want to share with you our message for tax professionals. We exist to raise your visibility online and improve your opportunities for success. These opportunities include new client acquisition and access to tax jobs most people do not have access to online. Our primary goal is making sure the spotlight is on our tax professional members, and they outperform their competitors in client acquisition and new business opportunities. As you read through this post you will understand who we are and what we do for you!

What Is TaxConnections Mission?

Bringing the world’s leading tax professionals to a niche tax platform to increase their business opportunities.

What Is The Value TaxConnections Offers?

TaxConnections builds a tax professionals’ personal brand and raises their visibility on the search engines through our proprietary methodology.

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What To Do If You Have Unreported Bitcoin Income

Unreported Bitcoin Income - What To Do

You may need to amend your tax returns and pay additional taxes, penalties, and interest if you have previously unreported Bitcoin income.  If you fail to take action, the IRS may audit your returns as part of its Virtual Currency Compliance campaign.

Key Insights We Will Discuss
  1.  How the IRS treats Bitcoin transactions for tax purposes
  2. What thee IRS is doing to increase virtual currency tax compliance
  3. What you should be doing to correct your past non-compliance with Bitcoin tax laws
Bitcoin Taxes 101

The IRS considers Bitcoin and other virtual currencies to be property for tax purposes.  You need to pay taxes if you receive Bitcoin income, the same way you would need to pay taxes if someone paid you for your work by giving you a new car.

The property will be valued based on the currency’s exchange rate on the date you received the income.  You can use any exchange rate listed on a public exchange as long as you consistently use the same method.

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IRS And Treasury Issue Guidance For Students With Discharged Student Loans And Their Creditors

IRS On Discharged Student Loans

The Internal Revenue Service and Department of the Treasury issued Revenue Procedure 2020-11 (PDF) that establishes a safe harbor extending relief to additional taxpayers who took out federal or private student loans to finance attendance at a nonprofit or for-profit school.

Relief is also extended to any creditor that would otherwise be required to file information returns and furnish payee statements for the discharge of any indebtedness within the scope of this revenue procedure.

The Treasury Department and the IRS have determined that it is appropriate to extend the relief provided in Rev. Proc. 2015-57Rev. Proc. 2017-24 and Rev. Proc. 2018-39 to taxpayers who took out federal and private student loans to finance attendance at nonprofit or other for-profit schools not owned by Corinthian College, Inc. or American Career Institutes, Inc.

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Hiring Pregnant Women: A Tax Recruiter’s Inside Look

Kat Jennings - Tax Recruiter Inside Look At Hiring Pregnant Women

For more than three decades, I have worked with organizations which have interviewed and hired pregnant women. I have also worked with companies who quietly declined to hire women who are pregnant but gave other reasons for not hiring them. As an executive search professional, who has placed thousands of tax professionals, you often see behind the scenes how pregnant women are interviewed and handled. This post discusses my personal experience and observations in how companies handled pregnant women in the field of tax.

As an expert in executive tax search with a long list of clients, I have experienced a wide range of scenarios in the hiring process. What is always interesting to me is the hiring of pregnant women. For the record, my three sons are 25, 25, 26 so my child bearing years are behind me. However, my tax executive search practice was so busy when I had my sons there was no way I would stop working. I took two weeks off after my first son and one month after my identical twins. I was on the phone helping clients even from my hospital bed. It is in my DNA to work hard and after years of raising three sons, I am still a hard driving producer of work for clients searching for tax expertise. Some people are born out of the womb with incredible drive.

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IRS Rules On Deducting Business Expenses

IRS Rules On Deducting Business Expenses

Business expenses are the cost of carrying on a trade or business. These expenses are usually deductible if the business operates to make a profit.

What Can I Deduct?

To be deductible, a business expense must be both ordinary and necessary. An ordinary expense is one that is common and accepted in your trade or business. A necessary expense is one that is helpful and appropriate for your trade or business. An expense does not have to be indispensable to be considered necessary.

It is important to separate business expenses from the following expenses:

  • The expenses used to figure the cost of goods sold,
  • Capital Expenses,
  • and Personal Expenses.
Cost Of Goods Sold

If your business manufactures products or purchases them for resale, you generally must value inventory at the beginning and end of each tax year to determine your cost of goods sold unless you are a small business taxpayer (defined below). Some of your expenses may be included in figuring the cost of goods sold. The cost of goods sold is deducted from your gross receipts to figure your gross profit for the year. If you include an expense in the cost of goods sold, you cannot deduct it again as a business expense.

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Tax Specialist For High Net Worth Family Office (San Francisco, CA)

Tax Specialist Job, San Francisco, California

TaxConnections has been retained by a high net worth family office in San Francisco, CA to locate a Tax Specialist. We genuinely appreciate when you share this with anyone you know who may appreciate privately learning more about it.

Tax Specialist (San Francisco, CA)

The Tax Specialist is responsible for performing tax compliance and planning functions as well as providing tax support for various company entities, which may include Partnerships, Limited Liability Companies and Corporate entities.  Significant emphasis will be on tax work related to Partnerships and Limited Liability Companies. Prepare federal and state income tax returns and forecasts and perform various tax planning and research projects that involve a high degree of complexity.  Respond to audits by and information requests from various government authorities. Responsibilities include the following:

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Assistant Tax Manager (San Francisco, CA)

Tax Manager, San Francisco, CA

TaxConnections has been retained by an investment group in San Francisco, CA that rarely has an opening. Tax professionals enjoy this family and investment office. It is a rare privilege to have the opportunity to interview with this group of remarkable tax and financial executives.

The Assistant Tax Manager is responsible for assisting the Director of Tax, Pass-Through Entities and the Senior Tax Manager in managing the tax planning and compliance functions for multiple business lines and other investments owned by family.  Primary emphasis is on tax compliance, planning, and support for Fremont’s pass-through entities.  Understand and apply the current tax laws and regulations including the tax implications of investment partnership structures and real estate development and operations.  Identify and communicate issues, positions, and opportunities both orally and in writing to management.  Manage members of the tax accounting staff.

Responsibilities include the following:

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Tax Manager/Senior Tax Manager (San Francisco, CA)

Tax Manager, Family Office In San Francisco, CA

TaxConnections has been retained by an investment firm to fill a Tax Manager/Senior Tax manager role located in San Francisco, CA. We would genuinely appreciate your review of this opportunity and kindly refer this to anyone who may appreciate learning more.

Tax Manager/Senior Tax Manager (San Francisco, CA)

TaxConnections is currently conducting a search for a Tax Manager/Senior Tax Manager for a private family office in the San Francisco Bay area. We genuinely appreciate your review of this opportunity and invite you to contact us privately with any questions.

The Tax Manager/Senior Tax Manager will be responsible for assisting senior tax management with tax research and planning and all aspects of the tax compliance and forecasting for a very significant investment partnership and the related investment management entity. Individual must have a solid understanding of current tax laws including knowledge of investment partnership structures.

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Secret Strategies Driving New Business To Tax Professionals

TaxConnections - Marketing Tax Expertise

As an internationally known expert in search for tax professionals, you will be way ahead of the market if you learn what I know about the challenges in finding tax professionals and tax expertise. Have you recently attempted to find someone online but are blocked by paywalls and organizations? The rules have changed folks and in order to create more opportunity and connectivity that results in new client acquisition or a new tax job you must do things that others are not doing.

Earl Nightingale (March 12, 1921 – March 25, 1989) was an American radio speaker and author, dealing mostly with the subjects of motivation and human character development. One of his quotes states:

“To achieve success, watch out what everyone else does and do the opposite. The majority is always wrong.”

This is so true today when we see so many people giving up their personal information but having no control if people are able to get through to them for business purposes. We worked to provide an important solution for tax professionals including CPAs, EAs, CFPs, JDs, MST, MBAs who wanted to attract more business opportunity to themselves and their tax careers. Our business model is simple in that we build a personal tax brand for you and we position and distribute your tax expertise in front of key decision-makers. We build brand for you on a known authority site. We have developed a secret sauce that drives our tax professional members to get noticed by the clients searching for their tax expertise.

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Want To See Santa’s Previous Year Tax Return? Can You Advise Santa On The Tax Cuts And Jobs Act?

We know you will have some fun looking over Santa Claus’ previous year tax return. He has a great job gift giving and needs some help on his deductions. If you have any ideas of deductions he is able to take under the Tax Cuts And Jobs Act we would greatly appreciate your tax expertise.

This is an opportunity for tax professionals to chime in and be one of Santa’s helpers. TaxConnections will in turn promote you and your tax expertise. We will gift a one year TaxConnections Membership promoting your tax expertise to our visitors when you register for a one year membership before Christmas Day 2019. Limited Time!

Please add your commentary below after you see Santa’s Tax Form.

Want to see Santa’s Tax Form?

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