Tushara A.V

K-1 Extraction

• Worked on K-1 Extraction process received from PO teams and convert PDF to xml using Document Intelligence and Captiva.Reviewing K-1s before sending to PO teams

1065 Tax Return

• Worked on 1065 ADMN Preparation. Page 1 – Page 5 (Basic Information, Investment classification, Business Activity, Identifying Initial or Final Year, Accrual ornCash, Line items, Preparing Schedule B incase Ending capital is more than 50%, Referring FOF tab for Partnership Information,Identifying if we need to prepare Schedule L, M1 and M2, EBI- Preparing 8990, Importing the K1 suite into ADMN by PO, Reviewing the summary K1s on the ADMN, preparing ADMN page 5 with AFS,TB,BS or Tax Inc Summary. Preparation of Schedule M1 and M2. Reportable Transaction 8886 based on the EY format, Form 8825 – Identifying net rental estate income. Preparing Schedule D and 8949 form

Mercury Activities

• Onboarding clients, End to end engagement management and maintenance. Expertise in budgeting hours as per fees and Budget to Actual Analysis.

PMO Activities

• Reviewed new and existing processes, resources and systems, making and overseeing any changes. Manage and ensured effective transition of process by scheduling project inputs, assigning resources and responsibilities. Plan timely training for respective departments to increase capacity and improve skills of team members. Delegate tasks appropriately and develop Supervisors and others to move to next level.

Extensions & E-Filing

• .POC on Extensions and E-filing process. Worked on preparation and review of extension xmls, generating Partner Forms xmls, qualifying Federal & State locators without any errors.

1042s & 1099

• Assisted the team in printing 1042S copies and printing TXT. Assisted in printing form 1099.

Document Generation

• Printing and reviewing Output for investor and summary packages. Assisted team on page breakup and alignment in the Partner forms.
• Facilitated training on Efiling process in GoSystem & Partner forms

Responsible for a team of 40 members to complete various projects by given TAT.