Jayesh Panchal

TAX DUTIES:

• Prepared Tax Returns of Individual (1040) with State Adjustments.
• Preparing Work papers (Tax Organizers)
• Prepared Corporate (1120s, 1120, and 1065).
• Have Experience on about foreign compliances. (Form 1116, 114, 5471 and 5472)
• Prepared Fiduciary Tax returns (Simple trust and complex trust)
• Passing Journal Entries of M-1 & M-2. (E.g. – Depreciation, Accrual to Cash, and Book to Tax
  year end AJEs.)
• Have prepared Tax estimates and year end planning for individual tax return.
• Have prepared Business Property tax forms Like 571-L (California) and form 62A500-L (Kentucky)
• Prepared tax returns for Different Industries such as Entertainment, Manufacturing, Professional Services and Rental real estate
• Have little experience on IRS Notice and IRS Correspondence
• Individual tax return adjustments for various incomes, deductions, federal & foreign tax credits, K-1s, state-resident adjustments & claiming tax credits for states.
• Sharing open points and missing information notes for the tax return to clients.
• Preparing workpapers recording permanent-temporary, reclassifying, adjusting & tax-adjustment entries to finalize tax workpapers
• Sharing open points and missing information notes for the tax return to clients.
• Clearing all the Federal and State diagnostics and critical errors to e-file the return.