About
Curriculum Vitae
Biographical Information –
January 2024
Professional Experience
Nominated: Forbes Top CPAs in America 2024
President/CEO – Walloch Corp, Redlands and San Diego, California; Wailuku Maui
Of Counsel – Level Advisors, Dana Point, California
Certified Public Accountant - 55 years
Formerly employed by the Internal Revenue Service
Education - Degrees - Graduation with Honors
Master of Business Taxation - University of Southern California – January 1978
Master of Business Administration - California State University Fullerton 1968
Bachelor of Science, Major in Accountancy - Cal Poly University Pomona 1966
Special Expert Witness Assignment – Congress of the United States
Expert Witness before the United States Congress including Congressmen Rahm Emanuel, Richard Neal & Paul Ryan on the Alternative Minimum Tax – Official AICPA Expert in 2007.
Special Recognition – CPA Magazine
Named one of “50 Top Tax Professionals in America” – CPA Magazine
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
Expert Witness and Litigation Support
Expert Witness – Largest Tax Preparation Firm in USA with O'Melveny & Myers
Expert Witness – Appearing before Retired Chief Justice of Washington Supreme Court
Expert Witness – JAMS (Judicial Arbitration and Mediation Services), AAA (American Arbitration Association), ADR Systems (Alternative Dispute Resolution) and FINRA (Financial Industry Regulatory Authority) including representing major national investment firms, Morgan Stanley Smith Barney, Oppenheimer and UBS,
Expert Witness Criminal & Civil Taxation and Accounting including Business Contracts, Contractor Accounting, Corporate Tax, C Corporations, S Corporations, PSC Corporations, Estate Taxes, Excise Taxes, Governmental Accounting, Individual Tax, Alternative Minimum Tax, Net Operating Losses, Partnership Accounting & Tax, Property Tax, Tax Aspects of Divorce, Taxation of Agricultural Cooperatives, Tax Shelters, Tax Aspects of Personal Injury, Wrongful Termination Damages, Fiduciary Tax & Accounting, Charitable Remainder Unitrusts, Like-Kind Exchanges,, California Tax, CPA Practice Sales, CPA ethics and professional responsibilities, fraud, embezzlement & misappropriation of funds including celebrity cases on nearly 100 expert witness cases.
Qualified as an Expert Witness in Los Angeles, Orange, Napa, Riverside, San Bernardino and San Diego County Courts, California and in Federal Courts throughout the United States Service as a Court Referee and as an Estate Executor
AICPA National Award Sidney Kess Award for Excellence in Continuing Education
AICPA National Public Service Award Exemplary Service - Financial Literacy
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
Teaching, Speaking Engagements
Speaker with IRS Commissioners Charles Rettig, John Koskinen and Douglas Shulman
and IRS National Taxpayer Advocate Nina Olsen at both Tax Conferences and Tax Videos
Professor Emeritus of Advanced Financial Accounting and Advanced Taxation - University of
California, Riverside – Anderson Graduate School of Management
Professor Emeritus of Advanced Financial Accounting & Taxation - University of Redlands –
Individual, Corporate & Partnership Taxation, Estate & Gift Tax Planning, Advanced Financial Accounting, Governmental Accounting, Intermediate Accounting & Introduction to
Financial Accounting
Tax speaker throughout California, the United States including 34 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/TaxSpeaker.com – 1040 & Business Tax Updates & Advanced Tax
AICPA's - Kess Corporate & Individual Tax Workshops– 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
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: “Wall Street Journal” “AICPA
Tax Advisor”, Tax Hotline”, “Tax Digest”, “Investment News” and “Journal of Accountancy”
Quoted in Wall Street Journal, USA Today, CNN Money Magazine and Investment News
Co-Author – AICPA AMT Congressional Testimony – Alternative Minimum Tax
Author – AICPA Video Course – AMT – Strategies to Escape Its Reach
Author – CCH and AICPA Webcasts – AMT – 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 Expert Witness-State and Local Governments
State of California Franchise Tax Board – Taxation of Agricultural Cooperatives
City of San Bernardino - Empowerment Zone Qualification – Tax Benefits
Personal and Community Affairs
Actor - Community Theatre "A Few Good Men", "Equus", “Harvey”, "A Thousand Clowns", “Laura”, “Love, Sex & the IRS". Best Supporting Actor - Inland Theatre League Award.
Chair Missions Committee & Board of Trustees United Methodist Church of Redlands
Board Member, Grove High School, Redlands California – A Charter High School
Distinguished President - Redlands Noon Kiwanis Club
Treasurer – Redlands Police Community Foundation
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 – 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, MS in Information and Library Science &
Professional photographer and Greg, Professional actor and Director of
Peabody Award Winning Show: Hasan Minhaj: Homecoming King.
Completed the L.A. Marathon, March, 1996