30 Jul
|
Withum
|
Bengaluru
Withum is a place where talent thrives - where who you are matters. It’s a place of endless opportunities for growth. Withum empowers clients and our professional staff with innovative tools and solutions to address their accounting, tax and overall business management and operational needs. Withum’s Tax Services Group is made up of a brilliant team of tax specialists that work to ensure tax reporting obligations are met in an accurate and timely manner and minimize or defer the payment of taxes. Their comprehensive understanding of international, US federal, state, and local regulations, counting our affiliation with HLB international, allows them to help develop economical tax strategies anywhere. Their services include Business, Individual, State & Local tax, R&D; Tax Credit, as well as International and Private Client services Withum’s brand is a reflection of our people, our culture and our strength. The cornerstone of our success can truly be accredited to the dedicated professionals who work here every day, easy to work with a sense of purpose and caring for their co-workers and whose mission is to help our clients grow and thrive. But our commitment goes beyond our clients as we continue to live the Withum Way, promoting personal and qualified growth for all team members, clients, and surrounding communities. Preparation of form 1065-Partnership returns for both Real estate and operating partnership federal & state jurisdictions returns. Basic understanding of Temporary and permanent adjustments.
Book to tax adjustment for accruals and prepaids. Work on book to tax reconciliation (Sch M-1), depreciation computation (Form 4562) & supporting documents with adequate referencing (e.G. Applicability of Sec 179, 168(k) bonus depreciation and Regular MACRS depreciation. Working level experience on Gains and losses (Sec 1245, 1231, 1250 and 291) Amortization– Tax concept, applicability and eligible assets. Basic understanding of guarantee payment tax treatment. Reference IRC codes & preliminary source for any new book to tax differences identified in supporting workpapers. Basic understanding of State tax returns, e.G. common state adjustments, Allocation and Apportionment (A&A;) Clear understanding of partners tax capital accounts. Document open items and share updates with reviewer in completing tax returns within set deadlines. Ability to work on multiple projects simultaneously and correspondence with aligned reviewer on status. Hands on experience on tools and applications. Commerce Graduate/Postgraduate Experience: 2+ years in US Partnership Taxation. Ability to balance many projects simultaneously Ability to be flexible with scheduling to meet workflow demands Website: Withum will not discriminate against any employeeor applicant for employment becauseof race, color, religion, sex, sexual orientation, gender identity, national origin, age, marital status, genetic information, disability or because he or she is a protected veteran.
📌 Staff Accountant (Bengaluru)
🏢 Withum
📍 Bengaluru