15 Oct
|
GSC Outsourcing
|
India
15 Oct
GSC Outsourcing
India
Job Description: US Tax Associate / US Tax Specialist
Job Summary
We are looking for a skilled US Taxation professional to prepare and review individual
and business tax returns, conduct tax research, and ensure compliance with applicable
US federal and state tax regulations. The ideal candidate should have practical
experience in US tax return preparation, supporting schedules, tax credits, and tax
compliance for individuals and businesses.
Key Responsibilities
- Prepare and review individual federal and state income tax returns, including
Form 1040 and related schedules.
- Prepare business tax returns for partnerships, S Corporations, and C
Corporations, including Forms 1065, 1120-S, and 1120.
- Prepare supporting schedules for depreciation, rental income, capital gains,
deductions, and tax adjustments.
- Handle Schedule K-1, partner and shareholder basis calculations, and book-to-
tax reconciliations.
- Calculate and review eligible tax credits, including solar and renewable energy
credits for individuals and businesses.
- Work with relevant tax forms, including Forms 5695 and 3468, where applicable.
- Research US federal and state tax laws, regulations, deductions, and credits to
ensure accurate tax reporting.
- Review financial statements, accounting records, and supporting documents for
accurate tax preparation.
- Identify discrepancies, resolve tax-related issues, and coordinate with clients to
obtain missing information.
- Assist with amended tax returns, tax notices, extensions, and other tax
compliance requirements.
- Ensure timely completion of tax returns while maintaining accuracy,
confidentiality, and proper documentation.
- Stay updated on changes in US tax legislation, filing requirements, and applicable
tax regulations.
Required Skills and Qualifications
- Practical experience in US individual and/or business tax return preparation.
- Knowledge of Forms 1040, 1065, 1120-S, and 1120.
- Understanding of Schedule K-1, depreciation, capital gains, tax deductions, and
tax credits.
- Familiarity with US federal and state tax regulations.
- Experience with US tax preparation software such as UltraTax CS, CCH Axcess,
ProConnect, Drake, Lacerte, or ProSeries is preferred.
- Solid analytical, problem-solving, and documentation skills.
- Good written and verbal communication skills.
- Ability to manage multiple tax assignments and meet deadlines.
Preferred Qualifications
- Bachelor's or Master's degree in Accounting, Finance, or a related field.
- EA (Enrolled Agent), CPA, or other relevant US taxation credentials would be an
advantage.
- Experience working with US-based clients or accounting firms is preferred.
Work Environment
- Full-time remote opportunity.
- Opportunity to work on US individual and business taxation assignments.
- Collaborative environment with a focus on quality, compliance, and professional
development.
Pay: ₹500,000.00 - ₹1,550,000.00 per year
Work Location: Remote
📌 Tax Specialist (India)
🏢 GSC Outsourcing
📍 India