Jane Searing
Contact
jsearing@clarknuber.com
425.454.4919
Numbers
11 Years at Clark Nuber
3 1/2 Marathons completed
2 Children with husband, Jiff
Jane is a born businesswoman with an incredible work ethic. She grew up working in the fields in Mt. Vernon, Washington, picking strawberries, spinach, cucumbers and has held a job ever since. Always the entrepreneur, she started a paper route when she was 10 years old. It seemed natural that she would pursue a degree in business when she went to college, but instead, she decided to be a nursing student at the University of Washington. She quickly changed her mind about this profession after she took a class in microbiology. Lucky for us!
Jane, a shareholder, specializes in providing tax services to private foundations and public charities. Her primary focus is on minimizing exposure to excise and unrelated business income tax, charitable giving strategies and communicating with the IRS.
Summary
Practice Emphasis
- Consulting with private foundations and public charities
- Understanding and avoiding excise and unrelated business income taxes
- Federal and state income tax planning for donors
- Board training
- Charitable gift planning
- Compliance with international tax regulations
Proven Results
- Lead the writing team that wrote the CCH Form 990 Compliance Guide and content for CCH Intelliconnect research tool.
- Engineered and led a team that developed a Payout Planning Model for private foundations to budget and understand the effects of grant making strategies on endowment and excise taxes projecting out up to twenty years allowing foundations to more effectively manage endowments.
- Re-evaluated and educated foundation managers as to what types of income are subject to excise tax resulting in over $3 million in tax savings for one private foundation.
- Successfully represented several different foundations in voluntary self-reporting of inadvertent taxable expenditures resulting in 100% abatement of combined penalties of over $5 million.
- Assist foundation managers in understanding and implementing policies that will avoid prohibited acts for the foundation.
- Working with other professional advisors to facilitate the process of starting up and gaining approval of exempt status from the IRS for new private foundations and public charities and establishing policies and procedures with standardized forms.
Education
- Golden Gate University, M.S., Taxation
- University of Washington, B.A., Business Administration - Accounting
Activities
- American Institute of Certified Public Accountants
- Washington Society of Certified Public Accountants
- AICPA Exempt Organization Technical Resources Panel, Chair
- Washington Women's Foundation Education Committee
- World Neighbors, Trustee and Finance Committee
- Life Enrichment Options, Advisory Board