Bio for Joseph W. Walloch

Joseph W. Walloch, CPA, CGMA, MBA, MBT

3650 Fifth Avenue, Penthouse Suite 607

San Diego, California 92103 /email:

858-746-4138 fax/voicemail

951-966-1040 mobile

Biographical Information-February 2017

Professional Experience

President/CEO - Walloch Corp, Redlands and San Diego, California

Certified Public Accountant - 48 years

Formerly employed by the Internal Revenue Service


AICPA National Award Sidney Kess Award for Excellence in Continuing Education


AICPA National Public Service Award Exemplary Public Service - Financial Literacy


Special Expert Witness Assignment - Congress of the United States

Expert Witness before the United States Congress House Ways and Means Committee including Congressmen Rahm Emanuel and Paul Ryan on the Alternative Minimum Tax - Official Representative of the American Institute of CPAs in 2007.


Special Recognition - CPA Magazine

Named one of "50 Top Tax Professionals in America" - CPA Magazine, April/May 2008


Special Teaching Assignment - People's Republic of China

Visiting Professor - Xiamen University, People's Republic of China - "U.S. Taxation,"

"The USA CPA Perspective" and "Managing a CPA Practice" - May, 1999


Professional Activities

AICPA Tax Division Chairperson - Individual Income Tax Resource Panel 2007-2008                

AICPA's Tax Division - Estate Planning and Special Entities and Industries Subcommittees

Co-Chairman - Inland Empire Estate Planning Seminar - 1994 through 2010

National Board and Membership Chair - National Association of Estate Planning Councils

Chairman - Tax Committee - Associated Accounting Firms International (AAFI) & Associated Regional Accounting Firms (ARAF)

President - Estate Planning Council of San Bernardino County - 1984-1985


Expert Witness and Litigation Support

Expert Witness – Largest Tax Preparation Firm in USA with O'Melveny & Myers

Expert Witness – JAMS (Judicial Arbitration and Mediation Services) and AAA (American Arbitration Association) including representing Oppenheimer, a major national investment firm

Expert Witness Criminal and Civil Tax and Accounting matters including Contractor Accounting, Corporate Taxation, S Corporations, Estate Taxes, Excise Taxes, Governmental Accounting, Individual Taxation, Alternative Minimum Tax, Net Operating Losses, Partnership Accounting and Taxation, Property Taxation, Tax Aspects of Divorce, Taxation of Agricultural Cooperatives, Tax Shelters, Tax Aspects of Personal Injury, Wrongful Termination Damages, Fiduciary Taxation and Accounting, California Taxation, CPA Practice Sales

Service as a Court Referee and as an Estate Executor

Qualified as an Expert Witness in Los Angeles, Orange, Napa, Riverside, San Bernardino and

San Diego County Courts, California and Maricopa County, Phoenix Arizona


Teaching, Speaking Engagements and Other

Speaker with IRS Commissioners John Koskinen and Douglas Shulman and IRS National   

Taxpayer Advocate Nina Olsen at both Tax Conferences and Tax Videos

Professor of Advanced Financial Accounting and Advanced Taxation - University of California,

Riverside - Anderson Graduate School of Management

Professor of Advanced Financial Accounting & Taxation - University of Redlands - Individual,

Corporate & Partnership Taxation, Estate & Gift Tax Planning, Advanced Financial & Accounting, Governmental Accounting,Intermediate Accounting & Financial Accounting

Tax speaker throughout California, the United States including 31 states &       

7 countries internationally including The Peoples Republic of China

National Society of Accountants Annual Meeting Speaker with IRS Commissioner John Koskinen on Update on Affordable Care Act

Western CPE/University of Montana – Business Tax Update and Federal Income Tax Update

Jennings Seminars/ – 1040 & Business Tax Updates & Advanced Tax

AICPA's - Kess Corporate Income Tax Workshop and Individual Income Tax Workshop - Instructor & Video Panelist

AICPA’s - Speaker - Conference on Tax Strategies for High-Income Individuals – Topics: Alternative Minimum Tax, Net Operating Losses, Basis & State Income Tax

AICPA's - All-Star National Tax Review, Effective Estate Planning, Annual Tax Update,

IRS Examination Techniques & 1040 Tax Clinic - Instructor

California Society of CPA's - Instructor for Estate Tax and Income Tax Courses

Tax Instructor – Hawaiian Association of Public Accountants, Federal Tax Institute, National Tax Institute, Professional Education Systems Inc

AICPA’s Tax Certificate Program - Tax Planning for Closely Held Businesses, Accounting Periods & Methods, C Corporations & Multiple Entities, C Corporations Mergers & Acquisitions

Society of California Accountants - Tax speaker & Video Panelist - New Tax Developments

Appearances on radio, television and videos on tax, accounting & financial matters

Education - Degrees - Graduation with Honors

Master of Business Taxation - January, 1978, University of Southern California

Master of Business Administration - January, 1968, California State University - Fullerton

Bachelor of Science, Major in Accountancy - June, 1966, Cal Poly University, Pomona


Research Grant

Awarded University of Redlands Hewlett Research Grant to Study Implementation Of Year 2000 Accounting Curriculum Project Recommendations


Publications and Related Matters

Author - Hundreds of Tax Articles for publications including:   "AICPA Tax Adviser", "Tax Hotline", "Tax Digest", "Investment News" and "Journal of Accountancy"

Quoted as a Tax Authority in USA Today, CNN Money Magazine and Investment News

Co-Author - Western CPE Federal Tax Update

Co-Author -  AICPA AMT Congressional Testimony Ð Alternative Minimum Tax March, 2007

Author - AICPA Video Course Ð AMT Ð Strategies to Escape Its Reach

Author - CCH and AICPA Webcasts Ð AMT Ð Strategies to Escape Its Reach

Contributing Tax Analyst - CCH - Working Families Tax Relief Act of 2004 - Explanation & Analysis - Alternative Minimum Tax

Tax Simplification Proposals - 1990 Congressional Report on Tax Simplification

Editorial Advisory Boards - AICPA Personal Financial Planning Section - "Planner" Publication & Harcourt-Brace Professional Publishing - Tax Return Preparers Newsletter


Tax Consultant-State and Local Governments

State of California Franchise Tax Board Ð Taxation of Agricultural Cooperatives

City of San Bernardino - Empowerment Zone Qualification Ð Tax Benefits


Personal and Community Affairs

Actor - Community Theatre Plays include "A Few Good Men", "Equus", "Harvey", "A Thousand Clowns", "The Rainmaker", "Laura", & "Love, Sex and the IRS".

Awarded Best Supporting Actor - Inland Theatre League Award.

Board of Trustees United Methodist Church of Redlands and Chair - Missions Committee

Board Member, Grove High School Ð A Charter High School

Distinguished President - Redlands Noon Kiwanis Club

Board Member, Boys and Girls Club of Redlands

Board Member, San Bernardino Valley College and Crafton Hills College Foundations

Board Member, Goodwill Industries Planned Giving Advisory Board

Vice President and Treasurer - Redlands Fourth of July Committee, Inc.

Volunteer, Inland Harvest, Redlands Ð Collected and delivered over 13 tons of food

CPA Coordinator - IRS Volunteer Income Tax Assistance (VITA) Program

Planned Giving Advisory Board Member - University of California, Riverside

Married to Mary Anna and father of two sons - Jeff, a Professional Computer Specialist and Photographer and Greg, a Professional actor

Completed the L.A. Marathon, March, 1996