Leung Tax Consulting, Inc

02/23/2024

Got private jet? Get ready for an IRS audit.

After being rich, bankrupt and then rich again, Samuel Clemens* knew a lot about tax. As he famously said: “The only certainties in life are death and taxes.” This was demonstrated 100 years after Clemens died when an employee of a museum dedicated to him was found guilty of fraud. She was force...

01/23/2024

Palm Springs cracks down on Airbnb properties.

Palm Springs curbed short-term rentals in some neighborhoods. Now homeowners are watching their property values drop, sometimes drastically.

09/08/2023

Forget the army of IRS agents, IRS to use AI for collections & pursue tax cheats.

The agency hopes to make paying taxes less onerous for the majority of Americans who follow the rules.

07/25/2023

We are a tax manager.

This is the perfect opportunity for a seasoned CPA/EA who is tired of office politics and endless long work hours. A rapidly growing tax firm in Irvine, CA seeks tax manager, offering competitive pay & flexible hours, remote work, benefits like health insurance, retirement plans, paid PTO, and minimal O/T (no joke).

Must have strong real estate tax background, and be tech-savvy and well versed with Lacerte & QuickBooks. We operate in a paperless environment.

Responsibilities:
· Review & prepare individual, partnership, and corporation tax returns
· Prepare & review estimated tax & extension computations
· Prepare tax projections & conduct tax planning to reduce clients’ tax burden
· Review clients’ QuickBooks files and recommend AJEs
· Manage client assignments and tax filing deadlines
· Interface with tax authorities (IRS & FTB)
· Communicate with clients
· Perform tax research & planning, and write memo on findings
· Train junior staff

Qualifications:
· Bachelor's degree and 7+ years of public accounting firm experience
· CPA or EA certification required
· Broad exposure to federal income taxation
· Experienced with tax planning & strategies
· Solid understanding of accounting and bookkeeping
· Excellent organizational and verbal/written communication skills
· Strong technical skills in accounting and tax preparation/review
· Ability to handle multi-tasks simultaneously

Please forward resume & salary expectations to [email protected]

03/02/2023

Most Californians now have until Oct 16, 2023 to file 2022 tax returns and pay 2022 tax payments & 2023 Q1-Q3 quarterly estimated tax payments.

WHAT YOU NEED TO KNOW: California is extending the tax filing deadline for Californians impacted by December and January winter storms to October 16, 2023 – aligning with the IRS SACRAMENTO – In…

10/31/2022

Happy 1031 like-kind exchange!

10/06/2022

06/06/2022

Don’t forget Uncle Sam when selling your primary residence.

June 03, 2022, 4:45 AM EDT

06/03/2022

Never a shortage of new laws to comply with in California. This one requires CA businesses with 5 or more employees to have a retirement plan by June 30, 2022.

Small employers that do not offer a qualified retirement plan — which most do not — have to sign up for the state's CalSavers IRA plan by June 30.

05/05/2022

We are adding a remote bookkeeper to our rapidly growing virtual team. This individual will compile financial statements, communicate with clients & vendors.

We have a niche in real estate and professional service companies.

Must have 5 years of CPA firm experience and be a team player, eager to learn, tech savvy, organized and well versed with QB. We operate in a paperless virtual environment.

Competitive pay, health insurance, 401K & profit sharing, holiday & vacation pay.

Email resumes to [email protected].