Michael Okafor, CFP

CPA + MBA · Ernst & Young Alumni · IRS Counsel Alumni · 15 Years Experience

15 Years Experience220+ ArticlesCPA + MBAEY Alumni
15
Years Experience
220+
Articles Written
1.3M+
Readers Helped

About Michael Okafor

Michael Okafor is a CPA (Certified Public Accountant) and holds an MBA from Harvard Business School. He spent 7 years as a Senior Tax Manager at Ernst & Young (EY) in New York specializing in pass-through entity taxation, then served as Senior Counsel at the IRS Office of Chief Counsel in Washington, DC, drafting guidance on small business tax regulations.

Michael's tax analysis for entrepreneurs has appeared in Entrepreneur Magazine, Forbes, and Accounting Today. He holds an active CPA license in New York (verifiable at nysed.gov). At MONEYlume, Michael covers the full tax lifecycle of self-employment: choosing your business entity, deducting expenses the IRS allows, making quarterly payments without penalties, and surviving an audit. His IRS Counsel background means he knows exactly where freelancers and small business owners go wrong.

Areas of Expertise

Featured In & Cited By

Career Background

Education: MBA, Harvard Business School · CPA License, New York State (NYSED)

Editorial Standards

All content by Michael Okafor, CPA, MBA is written according to MONEYlume's editorial standards. Facts are verified against primary sources including the IRS, Federal Reserve, CFPB, and peer-reviewed financial research. Articles are updated when regulations or market conditions change significantly.