Aakash Desai
Summary
Experienced US Tax & Accounting professional with a demonstrated history of working in the Big 5 and Public accounting firms for 8+ years. Skilled in US Individual and Business tax returns, Review of bookkeeping and year-end- adjustments from Family office clients. Proficiency in use of major tax & accounting software. Excellent analytical and time management skills, strong numeracy skills and keen attention to detail to drive results.
Overview
10
10
years of professional experience
Work History
Staff Tax Accountant
Citrin Cooperman India LLP
12.2021 - Current
- Preparation of US tax returns: Form 1040 and 1065 for Federal and CA state from entertainment industry clients.
- Handle foreign filings such as FBARs, Form 5471, and Form 8865.
- Importing, grouping and mapping trial balance in Caseware to prepare tax return initial file.
- Preparation of Form 1099s and packages.
- Filing Sales tax returns and related bookkeeping.
- Review of yearly accounting for entities and individual artists from entertainment industry.
- Compile and organize workpapers to support tax return positions and ensure compliance with tax laws and regulations.
- Communicate with US counterpart to gather necessary information and address tax-related queries.
- Stay updated on changes in tax laws and regulations to ensure accurate and timely filings.
Senior Tax Associate
Smart Accountants Services LLP
05.2021 - 12.2021
- Prepare US tax returns, including Form 1065 and 1040, for individuals, partnerships.
- Preparation of tax work papers.
- Preparation of quarterly Estimated tax vouchers and related accounting in quickbooks online and qb desktop.
- Preparation of Form 1099s and packages.
- End-to-end bookkeeping and related tax work.
Experienced Associate
MBAF Services Pvt. Ltd (acquired By BDO In 2020)
04.2017 - 04.2021
- End-to-end bookkeeping; including preparation of weekly cash report, bi-weekly bill pay reports for various clients based from Real estate, Trust and Entertainment industry.
- Bank and credit cards coding, bank reconciliations and prepared related reports to reporting financial position to the clients.
- Preparation and review of financials for entities and individuals clients from entertainment industry.
- Assisted in preparing various tax returns, including individual, partnership, and corporate returns.
- Conducted research on tax issues and assisted in resolving tax inquiries.
- Assisted with US counterpart for tax planning and projections.
Account Specialist
Rajendra Engineering & Co.
08.2014 - 04.2017
- Maintain day to day books of accounts in Tallyerp9.
- Bank reconciliation and Statements on daily basis.
- Maintain internal audit: purchase and sales books.
- To Issue Form: 402 and 403
- Calculation of monthly vat and sales tax.
- To prepare debit/credit notes and reconciliation of debtors/creditors.
- Administered online banking function like NEFT/RTGS.
- Reconciling finance accounts and direct debits.
- Managing liquidity position of company through arrangement of timely receipts from debtors & timely payments to creditors.
- Maintenance & Finalization of Accounts.
- Providing support to company auditors during Yearly Audit.
Education
EA (Pursuing) - Taxation
IRS
Master of Commerce - Accounting And Finance
Gujarat University
Ahmedabad 12.2014
Bachelor of Commerce - Accounting And Finance
Gujarat University
Ahmedabad 04.2011
Skills
- Tax Return Preparation: Form 1040, FBAR, Form 1116, Form 8858 and Form 1065
- CCH Axcess, Caseware, QBO
- Tax planning and projections
- Tax Research Proficiency
- QuickBooks proficiency
- Bookkeeping
- Verbal and written communication
- Self Motivation
- Problem-solving abilities
Languages
English
Advanced (C1)
Hindi
Advanced (C1)
Gujarati
Advanced (C1)
Timeline
Staff Tax Accountant
Citrin Cooperman India LLP
12.2021 - Current
Senior Tax Associate
Smart Accountants Services LLP
05.2021 - 12.2021
Experienced Associate
MBAF Services Pvt. Ltd (acquired By BDO In 2020)
04.2017 - 04.2021
Account Specialist
Rajendra Engineering & Co.
08.2014 - 04.2017
EA (Pursuing) - Taxation
IRS
Master of Commerce - Accounting And Finance
Gujarat University
Bachelor of Commerce - Accounting And Finance
Gujarat University
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