Pranita Toraskar
15/1, Ambika Niwas, Mirashi Nagar, Kanjurmarg (East), Mumbai, Maharashtra
Summary
Seeking a dynamic role where I can apply my financial and tax expertise to contribute effectively to organizational growth while continuously enhancing my skills.
Overview
3
3
years of professional experience
8
8
years of post-secondary education
Work History
TAX EXECUTIVE
Elixir Assured Services LLC
Mumbai
07.2024 - Current
- Prepared and filed individual tax returns (Form 1040) and non-resident alien tax returns (Form 1040NR) for a diverse client base, ensuring compliance with federal and state tax regulations.
- Managed corporate tax filings for various entities, including Form 1120 (C-Corporations) and Form 1065 (Partnerships), accurately reporting income, deductions, and proper allocation of partnership distributions.
- Handled sales tax compliance, including preparation and filing of sales tax returns for multiple clients across different states, ensuring adherence to state-specific tax laws and deadlines.
- Incorporated U.S. entities (Corporations & LLCs) in Delaware or Wyoming.
- Filed Form BOIR (Beneficial Ownership Information Report), ensuring timely and accurate submission per the U.S. Department of the Treasury’s requirements.
- Managed 1099 filings for independent contractors and small business owners, ensuring compliance with IRS reporting guidelines for non-employee compensation.
TAX ADMINISTRATOR
EisnerAmper India
Mumbai
03.2023 - 07.2023
- Prepared and e-filed nanny tax returns, ensuring compliance with tax laws.
- Calculated and withheld payroll taxes, including Social Security, Medicare, and federal/state income taxes.
- Assisted in the preparation of Form 5500 for various retirement plans.
- Analyzed and processed U.S. tax forms (W-2, 1099, 1098, K-1s, and footnotes) for tax return compliance.
- Supported e-filing processes, Form 1099 preparation, and Form 592/592-V filing.
- Trained under senior tax professionals to analyze U.S. tax documents and improve tax return processes.
ASSOCIATE
Datamatics Global Services Limited
Mumbai
09.2022 - 03.2023
- Reviewed and prepared Individual Tax Returns (Form 1040) with accuracy.
- Handled business tax returns, including Form 1120S and 1065.
- Conducted tax law research to ensure compliance with updated regulations.
- Used CCH Axcess and ProSystem Fx to streamline tax filing processes.
EPP TRAINEE
Datamatics Global Services Limited
Mumbai
11.2021 - 04.2022
- Assisted in tax return preparation and compliance processes.
- Conducted tax law research and ensured returns met IRS regulations.
- Worked with industry-standard tax software such as CCH Axcess and ProSystem Fx
- Participated in on-the-job training.
Education
GOVERNMENT DIPLOMA IN CO-OPERATION AND ACCOUNATNCY -
Government Diploma Cooperation Accountancy Board
Mumbai 01.2024 - 12.2024
POST GRADUATE DIPLOMA IN FINANCIAL MANAGEMENT - PGDFM Course
Mumbai University
Mumbai 07.2022 - 10.2023
COST AND MANAGEMENT ACCOUNTING - Cost Accounting
The Institute of Cost Accountants of India
Mumbai 01.2019 - 03.2021
BACHELOR'S OF COMMERCE -
V.G Vaze College of Arts, Science And Commerce
Mumbai 06.2019 - 10.2020
HIGHER SECONDARY CERTIFICATE -
V.G. Vaze College of Arts, Science And Commerce
Mumbai 01.2016 - 01.2017
SECONDARY SCHOOL CERTIFICATE -
V.G. Vaze College of Arts, Science And Commerce
Mumbai 01.2014 - 01.2015
Skills
- Technical Skills: CCH Axcess, ProSystem Fx, Ultra Tax, Drake, MS office, Tally
- Soft Skills: Communication, Leadership, Problem Solving, Adaptability, Teamwork
- Personal Interests: Cooking, Gardening, Traveling
Timeline
TAX EXECUTIVE
Elixir Assured Services LLC
07.2024 - Current
GOVERNMENT DIPLOMA IN CO-OPERATION AND ACCOUNATNCY -
Government Diploma Cooperation Accountancy Board
01.2024 - 12.2024
TAX ADMINISTRATOR
EisnerAmper India
03.2023 - 07.2023
ASSOCIATE
Datamatics Global Services Limited
09.2022 - 03.2023
POST GRADUATE DIPLOMA IN FINANCIAL MANAGEMENT - PGDFM Course
Mumbai University
07.2022 - 10.2023
EPP TRAINEE
Datamatics Global Services Limited
11.2021 - 04.2022
BACHELOR'S OF COMMERCE -
V.G Vaze College of Arts, Science And Commerce
06.2019 - 10.2020
COST AND MANAGEMENT ACCOUNTING - Cost Accounting
The Institute of Cost Accountants of India
01.2019 - 03.2021
HIGHER SECONDARY CERTIFICATE -
V.G. Vaze College of Arts, Science And Commerce
01.2016 - 01.2017
SECONDARY SCHOOL CERTIFICATE -
V.G. Vaze College of Arts, Science And Commerce
01.2014 - 01.2015
Similar Profiles
Reeshemah NobleReeshemah Noble
PCA at Rest Assured Hospice & Home Care LLCPCA at Rest Assured Hospice & Home Care LLC
Denise Paschal WilliamsonDenise Paschal Williamson
Account Manager at Assured Partners of Texas LLCAccount Manager at Assured Partners of Texas LLC
Brandon GayBrandon Gay
Life and Health Insurance Agent at Rest Assured Group LLCLife and Health Insurance Agent at Rest Assured Group LLC
AYUSH CHITLANGEAYUSH CHITLANGE
Graduate Apprentice Trainee at Bosch India Ltd.Graduate Apprentice Trainee at Bosch India Ltd.
Samprit R ChandakeSamprit R Chandake
Analyst, Facilities & Maintenance at XPO India Shared ServicesAnalyst, Facilities & Maintenance at XPO India Shared Services