James Duffy CPA-CERTG.INTAX, MST, BBE

SF, CA ****1 415-***-****

adgwlr@r.postjobfree.com linkedin.com/in/jamespatrickduffy

SEASONED TAX PROFESSIONAL

Broad-based years of experience in tax research and planning, tax accounting, and liability management

Results-oriented tax professional with wide-ranging background in corporate tax compliance and planning. Proven track record in minimizing tax liability and reducing tax compliance costs. Expert in corporate taxation, from tax compliance to tax planning, with extensive experience with tax provisions.

Expertise

Tax Audit Support

M&A

Tax Provision

Indirect Taxes

Transfer Pricing

International Tax

Tax Research, Planning & Compliance

Multi-State Taxation

SOX Compliance

SEC Reporting

Career Experience

TAX CLIENT SERVICES, SF, CA

Deliver tax compliance and planning services to corporations, partnerships, and individuals.

Managing Tax Director (2007 to Present)

Administer projects and deliver support services. Projects include Sec 382 review, stock option analysis, SALT compliance/nexus, ASC 740 tax provision preparation or review, tax minimization strategies (e.g., transfer pricing and/or acquisition issues), SOX 404 preparation, 10Q and 10-K tax provision preparation or review, treaty analysis, sales and use review, IRS and state examination support, and implementation and/or review of new tax laws. Accomplishments are numerous and include:

* working with the IRS on client tax audit to formulate appropriate tax strategies to significantly minimize client’s

tax liability;

* preparing multi-year tax due diligence analyses, including one project resulting in client decision to pay $400

million in cash for corporation;

* filling in as interim Tax Director (at WageWorks and other companies), in charge of tax provision, tax compliance

and tax research projects (R&D, NOL 382, ISO/Non-QUAL/RSU stock analysis, state nexus, tax related

purchase accounting issues, and US tax aspects of international taxes) including state tax audits.

UNITED COMMERCIAL BANK, SF, CA

Saved millions in taxes by identifying tax planning opportunities on various domestic and international tax projects.

Tax Director (2004 to 2006)

In charge of tax department for this bank. Prior to my leaving, this company had $584 million in revenue with a net after tax profit of $100 million with over 1,300 employees. Devised and executed SOX audit support documentation. Maintained strict compliance with federal tax law under IRC §475, 582, 585, 1272, 1273, 1276, etc. as well as multi-state rules. Integrated tax planning strategies into the tax compliance function process. Established and implemented tax strategies that decreased company’s tax rate with minimal tax exposure; organized and maintained tax calendar; properly allotted limited tax resources. Introduced and maintained tax compliance software applications that ensured tax compliance for federal and state corporate income taxes, property taxes and sales/use taxes. Directed US tax audits, including tax strategy, negotiations and communication with IRS/state authorities. Delivered strategic direction and technical guidance on tax accounting pronouncements. Analyzed purchase agreements and provided feedback on acquisition tax risks and opportunities. Accomplishments are numerous and include:

* restructuring planning transaction allowing UCB to repatriate funds at a very low tax rate that saved $10M

in taxes through detailed analysis of several countries foreign and US tax rules, reviewing over ten years of tax

returns, E&P analysis and financial statements and getting auditors sign-off on newly restructured transaction;

* prepared 10-Q and 10-K financial statement tax disclosures, including stock compensation, tax accounting,

and pre-ASC 740 tax provision rules, including deferred, discrete and effective tax rate analysis;

* accomplished expert in domestic acquisition analysis providing technical strategic guidance, advice, and

evaluation.

AIR TOUCH COMMUNICATIONS, SF, CA

Saved millions in taxes by identifying tax planning opportunities on various domestic and international tax projects.

Tax Director (1989-1999)

In charge of int’l division “domestic and foreign” tax compliance (e.g., form 5471, 8621, 1116, etc.) for this company. Prior to my leaving, this company had over 8 million customers. It was acquired in 1999 for $62 billion dollars. Responsible for tax accounting close process and provision for international operations; prepared SEC statutory filings and tax footnotes and other financial statement tax disclosures. Developed and maintained effective tax rate (ETR) and provision calculations for international division; prepared ETR “projection” analysis; prepared or reviewed tax “provision to return” reconciliations. Developed, documented, and implemented tax accounting procedures; prepared tax technical memorandums; reviewed tax planning projects; improved data collection by identifying opportunities to streamline tax process, provided audit support; reviewed tax compliance software applications.

In charge of various foreign entity acquisitions or entity sales to third parties. Reviewed purchase and sale agreements; assessed pre-acquisition tax risks and opportunities; provided tax due diligence on acquisitions, prepared detailed historic tax profiles; addressed acquisition issues and tax integration events. Researched, analyzed and prepared audit response documents, tax audit recommendations, and defense strategies. Assisted with cross-border strategies for overseas investments; worked with department groups to help identify tax planning opportunities and provided inter-departmental tax assistance and advice as requested.

Career Note:

Tax Senior PricewaterhouseCoopers, Newport Beach, CA

License & Education

Certified Public Accountant (CPA) License – CA # 62568

Graduate Certificate in International Taxation (CERTG.INTAX) - GGU, S.F., CA

Master of Science in Taxation (MST) - GGU, S.F., CA

Bachelor of Business in Economics (BBE) - University of California, Santa Barbara, CA

Contact this candidate