MICHAEL LIM
128
Answer
ABOUT EXPERT MICHAEL LIM
Statement
My name is Michael Lim, and I am a CPA who started his own practice in 2003. I started my career at KPMG, LLP in the Los Angeles office. After KPMG, I went to work at YUM! Brands (parent company of Taco Bell, Pizza Hut, and KFC), where I got involved in M&A work. I worked on several really interesting long term projects that involved franchising, real estate, contract law, and valuations on the buy and sell sides. Once my time at YUM! Brands ended, I was offered a chance to start my own tax and consulting practice. After 6 years of self-employment, I think I may be getting the hang of things. The name of my practice is called Semaphore Tax Strategies, and is based in Irvine, CA. Most of my client base is self-employed, or have small businesses, since there is much more opportunity for adding value with these clients.
Professional Licenses
Certified Public Accountant (CPA) California License #79338
16 Years of Work Experience
Education
University of California (Santa Barbara) - Bachelor of Administration (BA) in Economics, Graduated with Honors
How long should you keep individual tax returns?... read on
- Answered byMichael Lim
My daughter is 19, a full time student in college, and working. Can I claim her and does she still file a... read on
- Answered byMichael Lim
What do I do if I lose my W-2 Form and my employer doesn't have an extra copy?... read on
- Answered byMichael Lim
What account payable procedure can be used to locate unrecorded liabilities?... read on
- Answered byMichael Lim
The company has an asset with an original cost of $60,000 purchased on 1/1/06. The asset has a useful life of 5... read on
- Answered byMichael Lim
If I am a college student and I am a dependent of my mom, do I have to file taxes?... read on
- Answered byMichael Lim
My mother passed away at age 86. She had a $9,000 IRA account. I am the inheritor of the account. ... read on
- Answered byMichael Lim
I cashed out my IRA for $4,500 and I am not 59 1/2. What tax form am I required to complete in... read on
- Answered byMichael Lim
We are a non-profit and have a received a donation of a valuable rug. What are the requirements for recording this on... read on
- Answered byMichael Lim
I did not file tax returns in 2007 because I was not working. However, I continued to pay my mortgage using savings.... read on
- Answered byMichael Lim
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