Jessica Luu

Filing requirements, filing statuses, gross income, AGI, deductions, and tax credits

Taxation of wages, self-employment, investments, retirement income, Social Security, and annuities

Property transactions, capital gains & losses, basis, and sale of personal residences

Retirement plans, education benefits, healthcare provisions, and foreign reporting requirements

Preparer due diligence, penalties, estimated tax, withholding, AMT, and gift tax

Taxability & reporting requirements of partnerships, C Corps, S Corps, sole prop., estates, trusts, tax-exempt entities

Credits and deductibility of employee expenses, property, distributions, etc.

Calculating debt basis, outside basis, & inside basis

Section 1231 Properties, Section 179 Depreciation, Section 351 Exchange, etc.

Depreciation recapture & Credit recapture

Circular 230 ethics & due diligence requirements

IRS examination, appeals, & collection procedures

Taxpayer rights & Power of Attorney

Penalty relief, reasonable cause, & First-Time Abatement

Statutes of limitations, conflicts of interest, & preparer penalties

Acquisition Method (Business Combinations) 

Parent–subsidiary consolidation & Post-acquisition reporting

Intercompany Transactions & Elimination Entries 

Goodwill Recognition & Impairment Testing

Noncontrolling Interest (NCI)

Step Acquisitions - Remeasurement of prior equity interests; Gain/loss recognition

Time Value of Money (Present Value, Future Value, Annuities)

Income Taxes: Permanent & Temporary Differences + Effective Tax Rate

Deferred Tax Assets & Liabilities

Depreciation & Capitalizing vs Expensing (PP&E)

Inventory Cost Flow Assumptions (FIFO, LIFO, Weighted Average)

Accounts Receivable & Allowance for Doubtful Accounts

Double-Entry Bookkeeping

Adjusting Entries - Deferred & accrued revenue/expenses 

Closing entries - Permanent accounts & “zero’ing out” temporary accounts

Statement of Cash Flows: Operating; financing; & investing activities (direct & indirect method)

Ratio Analysis: Dupont ratios, Asset Turnover ratios, Days Outstanding ratios

Led a community college team in an open division competition, judged by experts from Ernest & Young (EY)

Built a turnaround strategy covering menu optimization, operations, brand repositioning, loyalty, and expansion.

Conducted company, market, and competitive analysis to assess positioning and growth opportunities.

Applied MECE and SWOT frameworks to identify root causes and evaluate strategic options.

Modeled financial impact and developed KPIs, risks and mitigations, and implementation timeline to measure execution and performance. 

Performed a Discounted Cash Flow (DCF) valuation by projecting future revenue, expenses, and free cash flows

Analyzed financial statements and historical company performance to develop forecasting assumptions

Estimated terminal value, discount rates, and WACC to determine intrinsic value

Collaborated with team members to develop and support an investment thesis and recommendation

Assisted in preparing and presenting a formal stock pitch presentation in a competitive academic setting