What I do

  • Virtual Tax Manager For Your School  
  • Simulated Audits   
  • Policy and Procedure Reviews   
  • On Site Tax Workshops for Staff
"I keep colleges and universities out of trouble with the IRS." 

"You can't get ready for an audit, you have to stay ready.  And to stay ready, you have to get ready."  

Virtual Tax Manager For Your School

 
Smaller schools cannot afford a full time tax manager to oversee all the tax responsibilities on campus.
SOLUTION:  A 'Virtual Tax Manager' on call to provide guidance and assistance in the areas you need it most.

On-call access to answer your tax issues, concerns and questions. P

Payroll, Accounts Payable, Taxable Fringe Benefits, Unrelated Business Income Tax, International Student Taxation, Sales Tax

About me

My name is Steve Hoffman, AKA "The Tax Translator". I work with CFO's. Controllers and Finance Departments of Universities to keep them out of trouble with the IRS. I 'translate' complex tax law with easily understood plain English using real life examples. I resolve IRS problems for higher education.

Serve as Virtual Tax Manager for four different universities.


Speaker at seminars/workshops with a specialty in taxation of colleges and universities. Have presented at CACUBO, EACUBO, SACUBO, ACUA and others.

12 years experience as a Tax Manager at three Universities in the US - State Universities and Private Independent Universities.

Serve as Virtual Tax Manager for four different universities.

Served three years on the Taxpayer Advocacy Panel and the Advisory Committee to the Tax Exempt/Governmental Entities Division of the IRS.

Recovering IRS Agent after 15 years with the IRS. But don't hold that against me!

Editor and publisher of ‘Tax Updates for Colleges and Universities’ which is distributed to over 4500 people at colleges and universities in the Business and Finance Departments across the United States.

Published Author of "Taxation for Universities and Colleges: Six Steps to a Successful Tax Compliance Program" (Wiley Publishers, 2013) , 'Resources from The Tax Translator" and "Let's Talk Tax" magazine

Specialties: Non-profit taxation, especially taxation of colleges and universities. Unrelated Business Income Tax (UBIT), Fringe Benefits, Sales Tax, International Student Taxation, Independent Contractor, Six Steps to a Successful Tax Compliance Program and Tax Updates for Colleges and Universities.

Contact me at Steve@TheTaxTranslator.com or give me a call at 732.853.4721 

Subscribe to my free electronic Newsletter  
- "Tax Updates for Colleges and Universities".

 Filled with information about tax changes that will impact you and how to prepare for them.  It only comes out about once a month, so no overloading your inbox. Besides if it is not helpful to you, simply unsubscribe - I'll be sad to see you go,but give it a try for a few months. Over 4000 subscribers, they cant all be wrong! Just send me an email at Steve@TheTaxTranslator.com asking to subscribe and you'll receive the very next edition.

Here's an article I authored and was published in Home Business magazine titled
"Got a Side Hustle?  Here’s what you need to know about taxes


https://homebusinessmag.com/money/money-management/side-hustle-need-know-about-taxes/  



 
Testimonials

For years, we considered adding a tax accountant to our staff due to the number and the varied range of questions that our office receives from across campus.  Once we learned that Steve offered tax advisory services, we decided to do a pilot year with his services in 2018.  I can honestly say it is one of the best decisions that we’ve made, and we’ve engaged him annually since that pilot year.  Not only is Steve a wealth of knowledge, about anything tax related, but he is also easily accessible and very responsive.    We have directed many departments on campus to Steve, and everyone comes away with positive comments and reactions, in addition to answers to their questions.  Whatever the question - international, student, vendors, contracted services, state taxes, federal taxes, tax forms, required reporting, etc. – Steve has offered guidance and solutions!


Steve stepped in at a critical time when the institution was facing a multimillion dollar IRS assessment. He worked directly with the IRS and our staff at the same time to help resolve the immediate issue – resolve the financial matter and avert embarrassment. Afterwards he helped us build a system internally to make ongoing compliance easier, and advised us on other IRS matters that would come up in subsequent years,
 


Thank you so much for your time and valuable information. It was definitely helpful to speak with someone else who understands the “issues” and is a subject-matter expert!

– Jenn, NY




Great service, efficient communication, and a really easy way to retrieve reliable information on tax concerns with lots of help and support from the Tax Translator. 

 The service is smooth and straightforward. Steve is helpful. I would recommend this service to any CFO at the university level for professional tax guidance.

Lynda




I am picky about what I read…I even declined to be on the big four firms tax exempt newsletters because I don’t  like overload…your Newseltter  is of great interest for a quick update…relevant, easy to read and excellent. – John, VT

“The class is very worthwhile because Steve has a lot of experience and knowledge.  He facilitates discussion in a relaxed manner and invites questions.  I have been in several of his workshops and have always learned something new.”

I really enjoyed your presentations…….your wonderful sense of humor really made “tax information” fun!

– Carol, AR




This is extremely helpful.  I am so glad I had the opportunity to attend your presentation.  I would love to have you visit our campus some time.

– Paula, TX