Thanalakshmi PL
Chennai
Summary
Senior tax analyst with 3 years of experience in preparing partnership tax returns (Form 1065) and proficient in corporate (Form 1120) and S-Corporation (Form 1120-S) returns. Expertise in CCH Axcess, CaseWare, GoSystem, and CCH Engagement K-1 Aggregator. Proven ability to prepare workpapers, perform basis calculations, and ensure compliance with IRS and state tax laws. Recognized for delivering accurate, timely, and client-focused service.
Overview
11
11
years of professional experience
Work History
Tax Analyst
Cohn Reznick Professional Services Pvt. Ltd
09.2023 - Current
- Prepared tax returns for major partnerships (1065), corporations, and S-corporations, ensuring compliance and accuracy.
- Preparation of both simple and complex returns.
- Analyze Operating Agreements, organizational charts and Transfer documents, settlement statements, merger documents.
- Prepare Workpapers for proper allocation among partners – worked on allocation of income based on operating agreement – 704(b) re-allocation, Deficit Restoration Obligation, Qualified Income Offset, waterfall allocations.
- Managed debt financed distributions, involuntary conversions, transfer of interest, and basis adjustments, contributing to seamless tax reporting.
- Experience in gain reconciliations and Initial year credit Calculations, Inception audit returns, returns based on TIC accounting.
- Worked on property returns and fund returns. Maintained accurate partners’ capital accounts and ensured compliance with IRS Regulations.
- Analyzed and applied state-specific filing instructions to facilitate accurate estimated payments, identify decoupling provisions, and ensure compliance with diverse state tax regulations.
- Demonstrated attention to detail in all tax-related tasks. and consistently meeting client deadlines with strong work ethic.
- Assisted juniors with the preparation of tax returns and instruction on tax principles.
- Conducted status calls to monitor work progress and ensure task assignments.
- Collaborated with US senior management to schedule weekly workloads for all team members.
- Demonstrated effective team-building skills to enhance collaboration and morale.
Accounting and Administration
Aiswariya Agencies
Chennai
09.2015 - 09.2023
- Create Sales and Purchase Invoices
- Preparing receipts and payments
- Create contra-entries
- Maintained financial journals to track transactions.
- Administered employee payroll ensuring accurate compensation.
- Cash and Petty cash management
- Bank Reconciliation
- Processed GST, TDS, and TCS entries.
- Administration matters involved in invoicing, banking apart from customer relationship.
- Creation of ledger accounts
- Utilized my managerial skills in the field of accounts, financial management, marketing, resource and strategy management and consumer-vendor-operation, research and management, service providing, installing required training, business and investment analysis and customer satisfaction efficiently.
Process Associate
The Royal Bank of Scotland
Chennai
06.2015 - 09.2015
- Performed key procedures to charge corporate clients for bank services by liaising with co-teams and delivering quality results in a timely manner.
- Completed day-to-day duties accurately and efficiently.
- Contributed innovative ideas and solutions to enhance team performance and outcomes.
- Worked successfully with diverse group of coworkers to accomplish goals and address issues related to our products and services.
Education
Master of Business Administration - general
PONDICHERRY UNIVERSITY
01-2019
Bachelor of Commerce -
ETHIRAJ COLLEGE FOR WOMEN
Chennai01-2015
Commerce group -
SIR SIVASWAMI KALALAYA HIGHER SECONDARY SCHOOL
Chennai01-2012
Mathematics and sciences -
PPND ADARSH VIDYALAYA MATRICULATION HIGHER SECONDARY SCHOOL
Chennai03-2010
Skills
- CCH Axcess
- CCH Engagement
- CaseWare
- Go system
- K-1 Aggregator
- Tally
- Microsoft Office Suite
Languages
- English
- Tamil
- Hindi (elementary level)
Personal Information
Marital Status: Married
Areas Of Interest
- US Taxation
- Accounting
- Finance
- Auditing
- Management
- Carnatic Music
- Baking
- Mandala Art & Sketching
Timeline
Tax Analyst
Cohn Reznick Professional Services Pvt. Ltd
09.2023 - Current
Accounting and Administration
Aiswariya Agencies
09.2015 - 09.2023
Process Associate
The Royal Bank of Scotland
06.2015 - 09.2015
Master of Business Administration - general
PONDICHERRY UNIVERSITY
Bachelor of Commerce -
ETHIRAJ COLLEGE FOR WOMEN
Commerce group -
SIR SIVASWAMI KALALAYA HIGHER SECONDARY SCHOOL
Mathematics and sciences -
PPND ADARSH VIDYALAYA MATRICULATION HIGHER SECONDARY SCHOOL