Dipeshkumar Thakkar
Monroe
Summary
Savvy Tax Associate develops well-rounded tax foundation by preparing various tax returns, tax planning and special projects for tax engagements within variety of industry niches. Knowledgeable of tax laws related to all reporting entities and taxing authorities to prioritize and manage assignments of varying sizes and complexity within schedule and budget. Proficient in Microsoft Office tools, tax compliance process software and tax research databases.
Overview
13
13
years of professional experience
1
1
Certification
Work History
Senior Tax Associate
P & P Accountants & Tax Consultants
12.2021 - Current
- Completed in-depth research into tax issues to offer expert advice and accurately prepare submissions.
- Helped organization maintain full compliance with local, state and federal tax requirements with diligent application of best practices.
- Identified impactful regulations and incorporated changes to comply with new requirements.
- Taught junior staff how to prepare statements, resolve discrepancies and maximize efficiency.
- Responded promptly to official tax notices requiring clarifications and additional submissions.
- Reviewed and analyzed client data and accurately prepared income tax returns and tax research.
- Reconciled tax accounts to prevent discrepancies and maintain readiness for expected tax liabilities.
- Researched and analyzed specialized tax laws, rules and regulations and analyze pertinent client, industry and technical matters to remain current on tax legislation.
- Developed in-depth knowledge of client business and industry through direct interaction while working on various aspects of engagement.
- Oversaw team of 4 tax preparers handling over 250 submissions per year.
- Prepared accurate quarterly and yearly tax filings for businesses such Payroll Tax Returns 941, NJ 927, WR 30, NYS 45, 1065, 1120 & 1120s
- Assisted businesses with provisions and multi-state issues to comply with tax regulations and reduce audits.
- Completed and filed returns with tax departments at local, state, and federal levels.
- Prepared tax returns, extensions, tax planning calculations, and write-ups for organizations and entities.
- Reviewed clients tax filing papers thoroughly to determine eligibility for additional tax credits or deductions.
- Utilized tax software such as Ultra Tax and Pro Series to prepare returns and meet deadlines.
- Responded to inquiries from IRS and other tax authorities.
Financial Accountant
New Jersey Rehab Experts LLC
01.2020 - Current
- Reported financial data and updated financial records in ledgers and journals.
- Investigated daily variances and corrected errors to resolve discrepancies.
- Tracked business revenue and expenditures and reconciled accounts to maintain high accuracy.
- Applied proper codes to invoices, files, and receipts to keep records organized and easily searchable.
- Reconciled account information and reported figures in general ledger by comparing to bank account statement each month.
- Input financial data and produced reports Quickbooks.
- Led daily general ledger entries, using double-entry accounting method and check backs.
- Stayed on top of applicable federal and state requirements to minimize legal and financial risks.
- Maintained integrity of general ledger and chart of accounts.
Tax Associate
Prakash Chavda CPA
01.2019 - 01.2020
- Examined accounts and records and computed tax returns according to prescribed rates, laws and regulations.
- Worked closely with clients to properly fill out tax forms and file tax returns electronically.
- Kept up to date on current income tax developments and advised clients to make proper adjustments.
- Prepared simple to moderate state tax-related financial statement calculations, entries and disclosures.
- Prepared federal and state income tax returns for individuals, businesses, trusts, estates and non-profits.
- Recorded, classified and summarized financial transactions and events in accordance with accounting principles.
- Provided journal entries and performed accounting on accrual basis.
- Managed filing of federal, state and local taxes within established time frames for business.
Accounts Executive
Om Dental Clinic
01.2014 - 01.2016
- Handled day-to-day accounting processes to drive financial accuracy.
- Completed daily cash functions like account tracking, payroll and wage allocations, budgeting, donating, and cash, and banking reconciliations.
- Documented cash, credit, fixed assets, accrued expenses, and line of credit transactions.
- Gathered financial information, prepared documents, and closed books.
- Reconciled accounts and reviewed expense data, net worth, and assets.
- Evaluated and improved financial records to make important business decisions.
Accounts Executive (Trainee)
Parikh Mehta & Associates, Chartered Accountants
01.2011 - 01.2014
- Assisted in office administration and client communication to help manage auditors' workload.
- Performed analytical review of audit documents.
- Used Excel to create and manage budgets, balance sheets and other related financial statements.
- Identified major risk areas and gaps in internal controls, process notes and risk control matrices to plan and perform audit procedures.
- Developed understanding of company audit methodology, approach and tools while working under supervision of licensed auditors.
- Prepared, analyzed and verified annual reports and financial statements to assess financial condition and facilitate financial planning.
- Assisted with month-end closing and reporting duties.
- Assisted manager with special projects and ad hoc reporting requests.
- Completed balance sheet reconciliations and profit and loss statements with high accuracy.
Education
Presently Pursuing CPA form AICPA, USA -
Master of Commerce, Accounting - Financial Accounting
Sardar Patel University
2014
Semi Qualified Chartered Accountant - Accounting And Finance
Institute of Chartered Accountants of India
2012
Bachelor of Commerce, Accounting & Financial Management - Accounting And Finance
The MSU of Baroda
2011
Certified Accounting Technician - Accounting Technician
Institute of Chartered Accountants of India
2010
Skills
- Tax Compliance Expertise
- Tax Planning Strategies
- GAAP Understanding
- Tax Law Familiarity
- Proficiency Tax Software Like Ultratax & Pro Series
- Tax Research Abilities
- Tax Return Preparation
- QuickBooks Desktop and Quickbooks Online Proficiency
Certification
- Common Proficiency Test: - The Institute of Chartered Accountants of India
- Advanced Computer Training: - The Institute of Cost Accountants of India.
- Information Technology: - The Institute of Chartered Accountants of India Western Regional office.
Personal Information
Date of Birth: 05/20/1990
Marital Status: Married
Languages
English
Bilingual or Proficient (C2)
Hindi
Bilingual or Proficient (C2)
Gujarati
Bilingual or Proficient (C2)
Sindhi
Advanced (C1)
Timeline
Senior Tax Associate
P & P Accountants & Tax Consultants
12.2021 - Current
Financial Accountant
New Jersey Rehab Experts LLC
01.2020 - Current
Tax Associate
Prakash Chavda CPA
01.2019 - 01.2020
Accounts Executive
Om Dental Clinic
01.2014 - 01.2016
Accounts Executive (Trainee)
Parikh Mehta & Associates, Chartered Accountants
01.2011 - 01.2014
Presently Pursuing CPA form AICPA, USA -
Master of Commerce, Accounting - Financial Accounting
Sardar Patel University
Semi Qualified Chartered Accountant - Accounting And Finance
Institute of Chartered Accountants of India
Bachelor of Commerce, Accounting & Financial Management - Accounting And Finance
The MSU of Baroda
Certified Accounting Technician - Accounting Technician
Institute of Chartered Accountants of India
- Common Proficiency Test: - The Institute of Chartered Accountants of India
- Advanced Computer Training: - The Institute of Cost Accountants of India.
- Information Technology: - The Institute of Chartered Accountants of India Western Regional office.
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