Michael Carney

About Michael Carney

I am a tax Strategist at Acuracounts, Inc, a firm that specializes in providing tax mitigating strategies, family trust, corporate entity structures, and financial literacy support to clients nationwide. I have over 20 years of experience in tax accounting, credit management, and process optimization, and I hold a paralegal certification and a BS in Business Administration and Management, and attended Law School.My mission is to help individuals and businesses achieve their financial goals by creating and building personal and business credit profiles, providing protection and growth for their asset portfolios, and educating them on sound tax principles and best practices. I have initiated and structured the firm\'s risk and compliance training program, overseen a team of nine direct reports, and engaged as a speaker at various events and workshops. I am passionate about cultivating an environment of education and a growth mindset for myself and my clients.

Experience

1. Tax Consultant

   Acuracounts, Inc

   Feb 1999 — Present · Rancho Cucamonga, CA, US

   1996.Established the vision, operating model, and financial suite of services across 6 locations nationwide. Oversees a team of 9 direct reports engaged in tax, credit, coaching, and business consulting services. Initiate and structure the firm’s risk and compliance training program, and facilitate projects in collaboration with staff; develop a strategy focused on the impact of state guidelines, tax, and regulatory mandates. Maintain effective risk rating and monitoring guidelines to include ongoing assessments, reviews, and analysis of account activities; designed a program that reduced tax liability by 47% for 100’s of clients. Oversee the tax preparation process, reviews, and manage all reporting requiring in-depth analysis and research; standardized office SOPs, creating an increase in efficiency by 60%. Prepare Articles of Inc documentation for clients to formulate LLCs, C Corps, and S Corps, including Tax ID Corporate kit and yearly requirements. Serve as SME to clients in taxation litigation through planning and compliance; craft various returns for partnerships, individuals, and businesses. Conduct research on tax laws, evaluating techniques to minimize client liability, leading to a surge of ineligible deductions, credits, adjustments, and reimbursement filings with adherence to IRS standards. Orchestrate training programs for staff, management, and clients, supplying guidance and coaching as needed; functioned as knowledge expert to stakeholders for all related inquiries. Offer real estate consulting support for buyers/sellers, including providing loan assistance, property location services, investment properties, credit preparation, and counsel for business partners.

Education

• California Baptist University

  Bachelor of Science - BS

  2010