US Business Tax - 1065/1120

Open position:

Senior Manager / Manager - Ahmedabad, Chennai, Coimbatore

Assistant Manager / Senior Lead - Chennai

Experience : 5 - 10 years

Timing : 08:00 AM - 04:00 PM

Preferred Industry : Rental & Real Estate

• Manage preparation and review of US Business Tax Returns (Forms 1065 & 1120) ensuring compliance with IRS regulations.
• Perform book-to-tax adjustments and prepare M-1 / M-2 reconciliations where applicable.
• Work on tax compliance, workpapers, and supporting schedules for federal and state tax filings.
• Review client documentation and communicate with clients to resolve missing information or discrepancies.
• Ensure timely filing of tax returns while maintaining high quality and accuracy standards.
• Provide guidance and review support to junior team members on tax preparation, adjustments, and documentation.
• Coordinate with internal teams and clients to gather financial information and resolve queries.
• Stay updated with US tax law changes, IRS guidelines, and compliance requirements.
• Handle Un-Audited Clients by reviewing client-provided financials, identifying discrepancies, and preparing necessary adjustments before tax return preparation.
• Review financial statements, trial balances, and general ledgers to ensure accuracy and completeness for tax reporting.
• Prepare and review Adjusting Journal Entries (AJEs) to correct errors, record accruals, depreciation, amortization, and other tax-related adjustments.
• Analyze Retained Earnings and Equity accounts to ensure proper roll-forward and reconciliation with prior year tax filings and financial statements.