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James Bressingham, CPA, CFP

* ******* ****, ****** ****, NY 11530

E-Mail: **********@***.*** / Phone: 516-***-****

Professional Experience:

Rosenberg, Neuwirth & Kuchner CPA’s, P.C. , New York, NY December 2011 to Present

Public Accounting Firm

• Tax Planning, Compliance, Research for Corporations, Partnerships, Individuals, Estates & Trusts. Accounting for Income Tax (ASC 740), etc.

Burberry Limited and Subs., New York, NY

(International $2 Billion Worldwide Retailer/Manufacturer) August 2010 to April 2011

Director of Taxation (Outsourced)

• Restructured and reorganized, Managed/oversaw, drove rigorous processes for the entire Americas Region tax function (Hands-on Individual)

• Responsible for Leading and Managing the ASC 740/ASC 740-10 tax provisions with strong financial controls, including working with Subs. Controllers

• Developed/implemented CorpTax (Provision ,Compliance, Calendar) and (work papers) to compile and organize Tax function (process improvement)

• Implemented/Managed Vertex (Sales & Use Tax, VAT, GST Software - ) and internal controls

• Responsible for Transfer Pricing (and Agreements), Payroll, Fringe Benefits, Property Taxes and improvement initiatives

• Tax Planning initiatives to place Burberry in the best advantageous tax position while being in compliance with Federal & State tax law. (Reduced ETR).

• Primary contact with tax authorities (Intl./CBP/Federal/State & Local) – Audits (Closed significant audits effectively)

• In-house tax consultant to management, advising, communicating, forecasting, M & A, internal programs/activities and other transactions regarding tax

• Establish Managed team performance standards and department budget

• SEC Reporting (10Q, 10K, etc.) – Tax footnotes Quarterly/Annual

1-800Flowers.Com, Inc. & Subs., Long Island, NY

(International $1 Billion Retailer/Manufacturer) September 2008 to February 2010

Director of Taxation (Downsized)

• Established requirements, Managed/oversaw, organized the entire global tax function

• Implemented creative effective tax strategies – tax effective rate reduced 3% and increased cash flow

• Significant tax research concerning prior year’s tax risk – saved Company over $2 million dollars

• Responsible for Leading and Managing the ASC 740/ASC 740-10 tax provisions with strong financial controls, including working with Subs. Controllers

• Supervised, developed & implemented tax systems (Tax Stream/OneSource) and processes (work papers) to compile and organize International, Domestic Compliance

• Developed, implemented, supervised and maintained Transfer Pricing documentation (OneSource) and Agreements

• Primary contact with tax authorities (Intl./Federal/State & Local) – Audits (Closed significant audits effectively)

• In-house tax consultant to management, advising, communicating, forecasting, M & A, internal programs/activities and other transactions regarding tax

• Establish/ maintain, oversaw SOX reporting requirements on a global basis

• Responsible for and Managed Sales & Use (Vertex), GST, VAT, Personal Property, Annual Reports on a global basis

• Establish Managed team member performance standards and department budget

• SEC Reporting (10Q, 10K, etc.) – Tax footnotes Quarterly/Annual

James Bressingham CPA, CFP & Co., PLLC, Long Island, NY January 2007 to September 2008

(Small Public Accounting Firm – Small to Medium Clients) (Sold Practice)

Managing Member

• Clients Included Blackrock, Manufacturing, LLC, partnerships, etc

• Growing business and individual accounting firm

MDC Partners, Inc. & Subsidiaries, NY, NY Sept. 2005 to January 2007

(International $.5 Billion – Advertising and Marketing Holding Co.) (Left due to Management change)

Director of Taxation

• Responsibility for the Global tax function ACS 740/ASC 740-10 provisions with strong financial controls, including working with Subs. Controllers

• Implemented creative tax strategies cross boarder to decrease effective tax rate by 3 % and increase cash flow, minimize risk

• Sox requirement intervention – material weakness for FYE 2004 rectified though establish policy’s in FYE 2005

• Implemented tax compliance solutions to obtain accuracy, timely reporting and to meet SOX requirements

• Developed, implemented, supervised and maintained Transfer Pricing documentation and Agreements

• Primary contact with tax authorities (Intl./Federal/State & Local) – Audits (Closed significant audits effectively)

• In-house tax consultant to management, advising, communicating, forecasting, M & A, internal programs/activities and other transactions regarding tax

• Reduced cost of internal and external tax compliance and reporting by 35%

• Establish Managed team member performance standards and department budget

• SEC Reporting (10Q, 10K, etc.) – Tax footnotes Quarterly/Annual

Westcon Group, Inc. & Subsidiaries, NY, NY April 2004 to April 2005

(International $2 Billion - High Tech. / Distribution Co.) (Public Offering Canceled)

Director of Taxation

• Responsibility for the Global tax function ACS 740/ASC 740-10 provisions with strong financial controls, including working with Subs. Controllers

• Participated in Public Company IPO

• Restructured European operation and received a $68 million dollar refund/German refund of $1 million achieved

• Outline, Managed and implement tax planning strategies - international, federal, state & local

• Managed, developed, implemented, maintained Transfer Pricing for International Transactions, including implementing software package in-house for T/P reporting

• Primary contact with tax authorities (Intl./Federal/State & Local) – Audits (Effective Management of audit process)

• In-house tax consultant to management, advising, communicating, forecasting, implement planning ideas, M & A, internal programs/activities and other transactions

• Responsible for and Managed Sales & Use (Vertex), GST, VAT, Personal Property, Annual Reports on a global basis

• Coordinated relationship with external advisors and auditors at reduced cost 40%

• Establish Managed team member performance standards and department budget

• Establish/ maintain, oversaw SOX reporting requirements on a global basis

• Reduced cost of internal and external tax compliance and reporting by 38%

• SEC Reporting (10Q, 10K, etc.) – Tax footnotes Quarterly/Annual

Investment Technology Group, Inc., NY, NY Feb. 2000- April 2004

(International $900 Million - High Tech. /Broker-Dealer) (Salary reduction/Management change)

Tax Manager/Chief Tax Officer

• Responsibility for the Global tax function ACS 740/ASC 740-10 provisions with strong financial controls, including working with Subs. Controllers

• Establish R & D credit program – documented benefit of over $10 million dollars

• Implemented International, Federal State & Local Tax strategies – benefit in excess of $25 million dollars

• Managed, supervised, oversaw and assisted with international, federal and state tax return compliance, work-paper documentation and implemented technology solutions

• Managed/supervised, developed, Implemented, maintained Transfer Pricing & Cost Share for International Transactions and agreement

• Implemented Holding/Royalty Company Tax Strategies in order to minimize the Company’s tax liabilities

• In-house tax consultant to management, advising, communicating, forecasting, implement planning ideas, M & A, internal programs/activities and other transactions regarding tax. Effective due diligence of potential acquisitions

• Ensure the company is in compliance with Federal, state & foreign tax regulations, Sales & Use, VAT, Personal Property, Annual Reports on a global basis

• Interpreted proposed (and existing) tax law changes and determined applicability to the firm

• Effective Mgmt. of tax audit process (Obtained significant - Federal, State & Local Refunds)

• Reduced cost of internal and external compliance and tax reporting by 35%

• Establish and maintain SOX reporting requirements

• SEC Reporting (10Q, 10K, etc.) – Tax footnotes Quarterly/Annual

Delta Funding Corporation, Woodbury, NY March 1997 - Feb. 2000

($1 Billion Mortgage Banking Organization) (Went out of Business)

Tax Director

• Responsibility for the Global tax function ACS 740/ASC 740-10 provisions with strong financial controls, including working with Subs. Controllers

• Minimized the Company’s tax liabilities and reduced the ETR from 42.5% to 36% (creative solutions)

• Changed Tax Method for Gain on Sale - secured $13 MM in refunds & increased deferred taxes by over $20MM

• Maintained REMIC Tax structure reporting for securitizations

• Managed/supervised/oversaw and assisted with international, federal and state tax return compliance, including a standardized work-paper documentation and technology

• Responsible for International, Federal, State & Local tax planning and compliance

• Effective management of the tax audit process – no change or refunds for prior years.

• Interpreted proposed (and existing) tax law changes and determined applicability to the firm

• Responsible for employee benefit plans and audits

• Reduced cost of internal and external compliance and tax reporting by 38%

• Establish Managed team member performance standards and department budget

• SEC Reporting (10Q, 10K, etc.) – Tax footnotes Quarterly/Annual

LeCroy Corporation, NY, NY January 1996 to Feb. 1997

(International - $500Million - High-Tech Manufacturer) (Commute unreasonable)

Tax Manager/Chief Tax Officer

• Responsibility for the Global tax function ACS 740/ASC 740-10 provisions with strong financial controls, including working with Subs. Controllers

• Reduced effective tax rate (42% to 37%-FASB#109) and increased cash flow

• Responsible for International, Federal, State & Local tax planning (creative solutions)

• Transferred significant funds cross border Tax free through Stock Options Exercises

• Implemented cross boarder & US tax strategies to minimize tax risk and increase cash flow

• -house tax consultant to management, advising, communicating, forecasting, implement planning ideas, M & A, internal programs/activities and other transactions regarding tax. Effective due diligence of potential acquisitions

• Developed & Implemented tax systems and processes to compile International, Domestic Provisions & Compliance

• Reduced cost of internal and external tax compliance and reporting by 50% or more

• SEC Reporting (10Q, 10K, etc.).

LinCorp Holdings, Inc., NY, NY June 1989 to January 1996

($2.6Billion Real Estate/Lincoln Savings Bank, FSB) (Merged out of existence)

VP, Tax Director

• Responsibility for the Global tax function ACS 740/ASC 740-10 provisions with strong financial controls, including working with Subs. Controllers

• Established, managed, structured, hired, implemented. maintained the Tax Department

• Created $22 million of capital through knowledge of GAAP (FASB #109)

• Closed Federal (15 year joint committee audit) and several states & local audits successfully – refunds

• Reduced cost of internal and external tax compliance and reporting by 35%

• Advised, participated in merger and restructuring of organization

• SEC Reporting (10Q, 10K, etc.)

Crossland Savings, FSB, NY, NY 1985 to 1989

American Savings Bank, FSB, NY, NY

VP, Director of Taxation

• Comparable responsibilities for the above, including Recruited, Organized, Trained new tax department. Public Company’s.

Grant Thornton, LLP, NY, NY 1983 to 1985

(International Public Accounting Firm) Tax Senior Accountant

• Responsible for Corp., Partnership and Individual, Federal, State & Local Tax Filings and review of subordinates work on such filings.ate & Local tax audits.

• Found irregularity in major government securities firm.

Education

Adelphi, University, Garden City, NY –

1990 Degree - B.B.A., Accounting /1990 Degree - CFP, Financial Planning

1990 Fairfield University, Fairfield, CT. - Designation: Employee Benefit Specialist

Expected: 03/ 2013 Washington School of Law, Salt Lake City, Utah - Degree: Masters, Taxation

References available upon request.

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