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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


University of California (Santa Barbara) - Bachelor of Administration (BA) in Economics, Graduated with Honors

Question answered by Michael

Does the new tax law on the sale of real estate apply to ALL sales of homes or is there a stipulation that... read on

I have not worked this year but I have a 1098t form from school. How do I report it on my tax... read on

Is it better to keep credit cards that I never use open or should I close them?... read on

If the business you have worked at no longer exists, where can you get your W-2 Form?... read on

I have not received a W-2 form from a part-time job. What do I do?... read on

When can I claim tax benefits when donating items to a non-profit that sells the merchandise?... read on

How long should a company write-off unused store credits and gift certificates? A couple of years have passed and it appears that... read on

What are the guidelines for capital gains tax on real estate in southern California?... read on

If I have lived in my house for exactly 23 months and get married on the 24th month and move, do I have... read on

Will refinancing my auto loan affect my FICO and/or credit score?... read on

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