Research and Development Tax Credits (R&D):
Section 41 R&D Tax Credits: Spearhead the preparation and analysis of Section 41 R&D tax credit claims for a diverse portfolio of clients across various industries, including technology, manufacturing, and pharmaceuticals. Successfully identified qualifying R&D activities and expenditures, resulting in substantial tax credit claims. Led the development of detailed technical reports and documentation to support credit claims and defend against IRS audits.
R&D Credit Studies: Conduct thorough R&D credit studies involving extensive review and analysis of clients' research activities. Utilize advanced methodologies to assess eligibility for R&D credits, including the application of the four-part test (qualified purpose, elimination of uncertainty, process of experimentation, and technological in nature). Collaborated with clients to document and substantiate R&D activities, ensuring adherence to IRS guidelines and maximizing credit opportunities.
Project Management: Oversee multiple tax compliance projects simultaneously, coordinating with internal teams and clients to ensure timely and accurate completion of deliverables. Developed project plans, set milestones, and tracked progress to meet deadlines and achieve client objectives.
Training and Development: Conduct internal training sessions and workshops on R&D tax credit regulations and best practices. Enhanced team knowledge and capability in managing R&D tax credit claims and navigating complex tax issues.
Process Improvement: Implemented process improvements and best practices for R&D credit documentation and reporting, leading to increased efficiency and accuracy. Developed templates and checklists to streamline the credit claim process and ensure consistency across projects.
Foreign Derived Intangible Income( FDII):
FDII Analysis: Assist in the analysis and calculation of Foreign-Derived Intangible Income (FDII) for a diverse range of clients. Support senior team members in determining FDII-eligible income and associated expenses by analyzing foreign income data and ensuring proper apportionment and allocation.
Documentation and Reporting: Contribute to the preparation of FDII-related documentation and tax filings, ensuring accuracy and adherence to IRS regulations. Review financial statements, tax returns, and other supporting documents to ensure they reflect accurate FDII calculations.
Cross-Functional Coordination: Work with internal and international teams to ensure consistent application of FDII provisions. Coordinate with cross-border teams to reconcile data and align on tax strategies affecting both domestic and international operations.
Exceptional Client Service Award: Recognized for consistently exceeding client expectations through proactive problem-solving, effective communication, and dedication to delivering high-quality service, resulting in enhanced client satisfaction and loyalty.
Rockstar Award: Awarded for exceptional performance and consistently surpassing goals, demonstrating high expertise, and contributing innovative solutions that improved team outcomes and efficiency.
High Five Award: Honored for fostering a collaborative and supportive work environment, actively promoting teamwork, and helping colleagues achieve shared goals, enhancing overall team morale and productivity.
Analysis of Financial Leverage on Profitability and Risk, RVPR Engineering Services Pvt Ltd (NSIC), Understand the impact of financial leverage on profitability and risk of RVPR during the period of 5 years, i.e. 2013-14 to 2017-18., NSIC, Drew a hypothetical model analysis table to study the relationship between financial leverages of the firm.