Real Estate Tax Manager

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MARK GRONKE, CPA

**** ******* ***, *** ***, San Rafael, CA 94901

415-***-**** **************@*****.***

SUMMARY:

I am a creative and highly motivated individual possessing a diverse and exceptional repertoire of leadership skills. With over 40 years of tax, legal, financial & accounting experience, I am a results- orientated individual, and have continually demonstrated a high degree of success in developing and implementing innovative tax strategies, as well as negotiating tax settlements. I maintain a strong work ethic and integrity while remaining committed to ensuring the satisfaction of my clients by exercising a unique aptitude for blending my tax knowledge with my financial and legal experience. I work independently yet coordinate well within a team atmosphere. JOB SKILL HIGHLIGHTS:

Tax Compliance & Research:

• Research, analyze, draft technical memorandum and make appropriate recommendations on complex tax issues involving partnerships, corporations, estates, trusts, non-profit organizations and high net worth individuals.

• Develop and implement strategies to minimize the organization’s tax burden while also minimizing the cost of compliance.

• Prepare and review tax returns & all supporting tax work papers for partnerships, corporations, estates, trusts, non- profit organizations and high net worth individuals.

• Prepare & analyze tax projections & operating plans for partnerships, corporations, estates, trusts, non-profit organizations and high net worth individuals.

• As Director of Taxation, supervised the federal and state tax compliance for the company’s consolidated group, including 13 corporate entities and 65 limited partnerships. Both the partnerships and corporations filed in all 50 states. The total number of filings required approximated 520 tax returns annually.

• As Tax Director, responsible for the reporting, collection, and payment of taxes with the goal of minimizing the organization’s overall tax liability while ensuring full compliance with all jurisdiction tax laws.

• Supervised filing of personal property tax returns, annual reports and sales & use tax returns throughout the country.

• Extensive multi-state tax filing experience. Utilizing allocation strategies to minimize overall state tax liabilities.

High & Ultra High-Net Worth Individuals, Entrepreneurs, Family Groups & Business Formation:

• Structure newly created partnerships, LLC’s and closely held corporations.

• Structure business and financial transactions for high & ultra-high net worth individuals, entrepreneurs, sophisticated clients and their family groups.

• Assisting high & ultra-high net worth entrepreneurs and sophisticated clients involving real estate transactions (such as section 1031 exchanges), business incorporations, structuring partnership agreements, forming trusts and creating estate tax plans.

• Assisting high & ultra-high net worth individuals and sophisticated clients in structuring financial and business transactions.

• Performed tax planning and research regarding corporate acquisitions & dispositions.

• Capitalization of new ventures through “crowdfunding”, grants, various debt instruments, venture capital, varying equity instruments and IPO’s. 2

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Estates, Trusts, and Business Succession & Business Valuation:

• Create comprehensive estate plans for high & ultra-high net worth individuals and their family groups.

• Creation and use of trusts to minimize both income and estate taxes.

• Monitoring amount and timing of charitable contributions to meet both tax (estate & income) and philanthropic objectives, often taking advantage of charitable remainder trusts, charitable lead trusts and donor advised funds.

• Perform business valuations and create valuation reports to document the gifting of business interests with the objective of transferring family businesses to successor generations.

Syndication & Real Estate Transactions:

• Structure newly created partnerships, REITS, LLC’s and corporations.

• Structure and manage section 1031 exchanges (like-kind exchanges).

• Structured and wrote partnership agreements.

• Created and structured real estate partnership investments.

• Wrote and reviewed partnership agreements, prospectuses and private placement memorandums (PPMs).

International & Foreign Tax:

• Analyze intercompany pricing & transactions for compliance with US & foreign transfer pricing requirements and prepare required documentary support under section 482.

• File foreign tax returns in such countries as Germany, Italy, France, the UK and Japan.

• Plan and file tax returns for international and global corporations involving extensive calculations of foreign tax credits.

• Filing Forms 5471 & 1118 in compliance with international tax law.

• Filing disclosure reporting forms 114 (Fin Cen) and 8938. Non-Profit Organizations, Public Charities and Private Foundations

• Structuring and applying for Non-Profit status both federal (form 1023) and California (form 3500).

• Research form of business (incorporated vs. association) and state of organization.

• Government (federal, state & county) grant writing.

• Private & public foundation grant writing.

• Performance audits to ensure compliance with grant contracts.

• Preparation of annual IRS (form 990), California (form 199) and RRF-1 information filings.

• Operational audits to document compliance with all federal & state statutes to insure continued classification as a non-profit.

• Determination and calculation of unrelated business taxable income (UBTI). Tax Controversy, Negotiations & Tax Audits:

• Successfully negotiated hundreds of Offer-In-Compromise settlements in numerous IRS districts nationwide.

• Obtained state and federal tax lien and wage levy releases.

• Manage and negotiate favorable federal and state tax audits.

• Interface with tax and other regulatory authorities.

• Negotiate installment arrangement or qualify clients for a hardship status (“53”) with IRS-ACS.

• Filed back tax returns for non-filers going back as far as 20 years. 3

MARK GRONKE

Litigation Support & Expert Testimony:

• Plan and manage engagements for a variety of litigation support, forensic accounting and expert testimony engagements involving complex business disputes & entity dissolutions.

• Direct and assist in the performance of financial analysis and forensic investigation.

• Build complex models to analyze economic and financial data using spreadsheets and databases.

• Review and summarize client documents, analyst reports and third party financial & industry data.

• Create and develop research summaries, expert reports, and presentation of

• Perform loss profit calculations to determine damages in business interruption claims.

• Resolve property settlements for marital dissolutions by applying community property rules and utilizing separate property tracing techniques.

• Determine spousal and child support payments necessary for marital dissolutions.

• Resolve contract disputes.

• Qualified as an expert in San Francisco County Superior Court. Internal Control Evaluation, Fraud Detection & Theft Prevention

• Manage the Sarbanes-Oxley Section (SOX) 404 tax compliance requirements through strong internal controls.

• Perform fraud investigations with the objective of preventing, detecting and deterring fraud and the misappropriation of assets.

• Preparation of fraud reports and the management of evidence in preparation for criminal prosecution.

SEC Tax Reporting, Disclosures, Attestation Services & Deferred Taxes:

• Strong technical knowledge of GAAP and the various accounting standards, principles & pronouncements.

• Calculate current & deferred tax provisions under FASB ASC 740 (formerly FAS 109), including the determination of the effective tax rate, the analysis of deferred tax asset & deferred liability accounts, and maintenance of tax reserves.

• Tracking of permanent & timing differences and valuation allowances against deferred tax assets.

• Draft tax footnotes & related disclosures for 10K’s, 10Q’s and annual reports.

• Perform compilations and financial statement reviews.

• Perform audits and determine audit statistical sampling.

• Perform operational audits.

Managerial Skills:

• Recruited, supervised, trained and mentored a professional staff of seven, in addition to the clerical support staff of three.

• Motivate and influence staff to achieve departmental and organizational objectives.

• Provide periodic performance feedback and annual reviews of staff.

• Acted as temporary tax manager for corporations while the tax manager is temporarily absent.

• Functioned as temporary tax partner at John Schlotter & Company replacing a retiring tax partner, handling his entire client workload for one year.

• Acted as a temporary controller for clients.

• Created and developed a tax department. Hired staff, created all policies & procedures.

• Interface with senior and executive management to prepare necessary reports & analysis.

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• Act as a liaison between the organization and external consultants including CPA & law firms.

• Deadline orientated with the ability to prioritize workloads.

• Maintained precision while obtaining overall objectives.

• Internal review and evaluation of departmental objectives and performance.

• Ability to manage multiple engagements and competing priorities in a fast-paced environment.

Client relations & Services:

• The ability to offer and discuss a full array of tax, accounting and financial services to clients & prospective clients.

• Able to explain complex tax issues in layman’s terms.

• Expertise in a vast array of industries including real estate, investment companies, professional service companies, hi-tech, wineries, manufacturing, distribution, retail and not-for-profit organizations.

• Manage day-to-day client relationships and maintain positive client satisfaction.

• Seek creative and innovative opportunities in servicing a client’s tax and financial needs.

• Create & monitor engagement budgets and prepare timely billings for all client engagements.

• Develop new business contacts and relationships beneficial to the firm through active involvement in the community & philanthropic activities, as well as, participating in professional & civic organizations. EDUCATION:

GOLDEN GATE UNIVERSITY

M.S., Law of Taxation

DEPAUL UNIVERSITY

Master of Business Administration, Finance

UNIVERSITY OF ILLINOIS

Bachelor of Science, Ethology, Ecology & Evolution SOFTWARE:

• Tax Preparation: Prosystems (used 29 yrs), Lacerte (used 31 yrs), Ultra tax, Accu Tax and Proseries

• Workpaper Organization: Sure Prep and Smart Vault

• Tax Research: RIA, CCH, and BNA

• Accounting: QuickBooks

• Litigation Support: Dissomaster

• General: Excel and Word

• Misc: Tax tools

CERTIFICATIONS:

• Certified Public Accountant (MA)

• Series 7 - Security Brokers License (expired due to lack of connection with Broker Dealer)

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PROFESSIONAL EXPERIENCE:

12/2021 – PEROTTI & CARRADE, CPA’s – San Rafael, CA 1/2025 Senior Tax Manager

A CPA firm handling tax compliance, planning and research Review tax returns prepared by junior staff and perform tax research on complicated tax issues and transactions.

1/2022 – BAKER AVENUE WEALTH MANAGEMENT – San Francisco, CA 1/2023 Tax Manager

A wealth management firm providing investment and money management services Manage Tax Department. Prepare tax return for firms Ultra High Net Worth clients. Provide tax advice to clients and assist in structuring tax motivated transactions. Provide support to the firm’s Certified Financial Planners. 2001 – POWERS EQUITY & ACCOUNTANCEY - San Francisco, CA 2021 TORKELSON & ASSOCIATES, CPS’s, LLP - Petaluma, CA ARTIKASLAN ACCOUNTING & TAX OFFICES - Alameda, CA

FORD-SMITH ACCOUNTANCY – San Rafael, CA

Tax Manager / Consultant

Among other CPA & Law firms, approximately 20, that I work with on a regular and routine basis which are located through out the bay area. Consulted with CPA & Law firms, working on specialized projects and assisting in times of understaffing. Reviewed tax compliance of junior staff and prepared complicated pass-through entity return. Provided litigation support & expert testimony. Handled tax controversy projects (e.g. offers-in-compromise).

1998 – JERROLD GOLD & COMPANY - Oakland, CA

2001 Tax CPA

A tax CPA firm handling tax negotiations, tax audits, tax planning, tax research and tax compliance. Clients involved individual, partnerships, S Corporations and C Corporations.

1988 – C & G BUSINESS CONSULTANTS - San Francisco, CA 1998 Director of Operations

A consulting firm which handles tax negotiations, Offer-In-Compromise negotiations, financial litigation negotiations, tax planning, research and compliance. 1986 – EQUITEC FINANCIAL GROUP, INC. - Oakland, CA 1988 Tax Director

A major national firm creating limited partnership investments by syndicating both equipment leasing and real estate partnerships.

1985 – LIBERTY REAL ESTATE CORPORATION - Boston, MA 1986 Tax Manager

Syndicator of real estate limited partnership investments. 1983 – ALEXANDER GRANT & CO. (now know as Grant Thornton) - Boston, MA 1985 Senior Tax Consultant

International Public Accounting Firm

1981 – INLAND STEEL COMPANY - Chicago, IL

1983 Tax Consultant

National steel company

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2006 - COMMUNITY ACTION MARIN: JOBS - San Rafael, CA 2007 Financial Consultant

Grant writing, resume drafting, interviewing training, and job search assistance. References Available Upon Request

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