Dongwan Douglas Chong
CPA, JD
With over 30 years of experience in tax and accounting - including 15 years as a Revenue Agent with the IRS - Dongwan Chong brings deep expertise and insight to every case. As the founder of DWC Accountancy Corp. in Los Angeles, he has handled more than 1,200 audits and specializes in resolving complex tax issues, back taxes, and audits for individuals and small businesses. His firsthand knowledge of IRS procedures, combined with a commitment to clear and honest service, makes him a trusted advisor in today’s challenging financial environment.
Education
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University of Washington
Master of Art in Economics, Minor in Accounting
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University of Washington
Bachelor of Art in Economics
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Trinity Law School
Specialized in Tax, Juris Doctor
License
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Certified Public Accountant
Work Experience
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Certified
Public Accountant
2002-Present, Dong Wan Chong Accountancy Corp.
Supervise and administer accounting department and provide progressive accounting & auditing in public and internal.
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Internal Revenue Agent
1987-2002; Internal Revenue Service.
Served as an Internal Revenue Agent for Tax Investigation concerning alleged or any other violations and performed Tax enforcement conducting.
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Audit
Audited more than 1200 corporation and individual cases including nationwide companies.
Affiliation
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President of Korean American Chamber of Commerce of Los Angeles (2024-2025)
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Finance Committee member at Saint James Elementary School (2007-2012)
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Former Chairman (2011-12) and Board Member
of Korean American Chamber of Commerce of Los Angeles (2005-2013)
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Former President (2010-2011) and Board Member of Korean American CPA Association (2003-Present)
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Lecturer & Board Member of Korean American Management Association (1997-Present)
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Co-Author of Business Tax Planning (2004)
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Various level of seminar presentation to the public and media
Summary of Qualification
Senior Auditor Professional
Extensive personal involvement in tax controversies, representing the government in audit stage including large case audits, administrative appeal conferences and collection matters.
In private practices, I have represented the tax payers in administrative proceedings in audit and collection matters involving the I.R.S., E.D.D., F.T.B., and S.B.E.
Business Management Analysis and Consultation
Evaluation of investment objects and financing strategies development LLC and LLP Consultation.
Personal and Business Investment Planning
Management advisory service for comprehensive array of financial solutions.
Internal Control System Review and Update
Revised and updated the plans of organization and the procedures for the safeguarding of assets and the reliability of financial records.
Tax planning and Trust Coordination
Technical analysis and legal research for tax planning and effective estate and gift planning to minimize tax liability.