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Maxwell Burns, CPA

Managing Director

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Maxwell Burns, CPA is the Managing Director of Sagemont

Managing Director at Sagemont Tax, Maxwell Burns is a highly technical CPA with over ten years of public accounting and M&A tax experience. He leads Sagemont Tax’s team of tax, payroll, and accounting professionals and supervises the entire ERC accounting process from start to finish.

Along with tenure at KPMG and Alvarez & Marsal, Maxwell previously worked at RSM, a market-leading audit, tax, and consulting firm. In this role, he focused on Cross-Border Mergers & Acquisitions, Tax Advisory, and Structuring for private equity clients and strategic corporate investors.

Maxwell comes from a family of accountants and is the oldest of four accountant brothers. He received a Bachelor’s degree in Accounting from the University of Florida in 2010 and received a Master’s degree in Accounting (Taxation) from Florida State University in 2012. He is a licensed CPA in the State of New York.

Latest Insights from Maxwell

What CPAs Need to Know About Employee Retention Credit Audits

What CPAs Need to Know About Employee Retention Credit Audits

As most CPAs already know, the Employee Retention Credit (ERC) is a federal payroll tax credit paid to businesses that…

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Top Red Flags for Employee Retention Credit IRS Audit Selection

Top Red Flags for Employee Retention Credit IRS Audit Selection

  Based on our understanding, the IRS uses several methods to select Employee Retention Credit (ERC) applications for audit and,…

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Received your ERC funds? Here’s what to do next.

Received your ERC funds? Here’s what to do next.

1. Will claiming the Employee Retention Credit create taxable income (or reduce a loss)?  Yes. IRS Notice 2021-20 provides that…

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