Summary
Overview
Work History
Education
Skills
Certification
Timeline
Generic

Mehak Bhalla

Hyderabad

Summary

MBA graduate with 7.5 years of experience on working with US Trust and Estate clients (including HNI - High Net Worth clients) and performing review of Fiduciary and Estate tax compliance work (Form 1041 and Form 706), Form 1041-A, Form 56 and Form 8855. Performing review of Information returns (All types of Form 1099s and Form 5498) and having working knowledge on Individual Tax (Form 1040), and Generation Skipping Transfer Tax Return for Terminations (Form 706-GST) and related Foreign filings (Forms 3520, 8621(PFICS), etc.). Also having attention to detail, compliance with policies, excellent presentation skills, and process orientation skills

I also have experience in leading and managing diverse teams, I have a unique set of skills that allows me to inspire, motivate, and guide my team toward achieving both individual and collective goals. As a team manager, my approach is centered around fostering a collaborative, inclusive, and high-performing environment where each member feels valued, supported, and empowered to contribute their best work.

Overview

7
7
years of professional experience
1
1
Certification

Work History

Tax Supervisor

Citrin Cooperman India LLP
Hyderabad
01.2025 - Current
  • Reviewed 1041 trust and estate tax returns for high-net-worth clients, ensuring compliance with IRS regulations and state-specific requirements.
  • Reviewed 1040 individual income tax returns for clients, ensuring compliance with federal and state tax regulations.
  • Reviewed and analyzed client financial documents, including W-2s, 1099s, and other relevant forms, to accurately report income, deductions, and credits.
  • Analyzed and reviewed estate documents, including wills, trusts, and financial statements, to accurately calculate tax liabilities.
  • Conducted comprehensive tax research to support complex tax positions, including distributions, deductions, and the taxation of estate income.
  • Assisted in the preparation of estate tax returns, including detailed reporting on asset valuations, deductions, and credits.
  • Conducted research on complex tax laws related to estates, ensuring all returns were filed in a timely and accurate manner.
  • Maintained up-to-date knowledge of changing federal and state estate tax laws to optimize tax savings for clients.
  • Demonstrated strong attention to detail, minimizing errors in tax filings, and ensuring adherence to deadlines.
  • Monitored the latest IRS updates and rulings regarding trust and estate taxation to ensure compliance with changing tax laws and regulations.

Senior Tax Associate II

EY Global Delivery Services India LLP
Kochi
04.2022 - 12.2024
  • Perform a review of workpapers (supporting the preparation of the returns), US Federal and State Income Tax Returns (Form 1041 and Form 706) for Trust and Estate clients, Form 1041-A, Form 8855, and Form 56.
  • Working knowledge of the US Individual Tax Return (Form 1040) and Generation-Skipping Transfer Tax Return for Terminations (Form 706-GST).
  • Financial analysis and reporting of Statements (1099s, Trust, Partnership and S-Corp K-1s, Bank Statements, other client provided statements).
  • Experience in the below trust and estate related situations.
    ▪ New Accounts
    ▪ Terminations/ Closing/ transfers to successor trustee.
    ▪ Death of Grantor/ Beneficiary
    ▪ Age attainment/ Right of Withdrawal (ROW)
    ▪ Rental and Non-Rental Real Estate Property.
    ▪ Power to Adjust (PTA) and Unitrust/ Total Return Trust (TRT) Provisions
    ▪ Charitable Distributions
    ▪ 65 day Election
    ▪ 645 Election▪ IRD Deduction
    ▪ Oil and Gas
    ▪ Farm and Rental
    ▪ Agent for Trustee (AFT)
    ▪ Amendments
    ▪ Multiple resident and non-resident state filings
  • Reviewing Tax Estimates (safe harbor/annualized method) payable to the Federal and State Taxing Authorities.
  • Client Interaction involving return related information request and discussing complex returns which requires explaining tax treatment or tax concepts to the client to help them take an informed position on the return.
  • Working towards resolution and responding to the Tax Notices from the IRS and State tax authorities.
  • Verifying refunds.
  • Review of other Information Returns (including but not limited to Form 1099 DIOBs, 1099-MISC, Form 5498, 1099-R, Form 56).

Senior Tax Consultant

Deloitte Tax Services India Pvt. Ltd.
Hyderabad
11.2017 - 04.2022
  • Effectively work on multiple Trust and Estate tax engagements with minimal need of review from Engagement Leaders.
  • Trained and mentored new and existing team members and answering any queries they may have on Tax Concepts.
  • Recently trained the entire India team on various tax topics such as Difference of Estate vs Trusts, 645 election, IRD Deduction, Death Accounts, Tax Closing Requests etc.
  • Maintain a calendar for Deadlines which also includes Estate Deadlines (being fiscal year) resulting in timely filing of all tax returns, information returns, estimates and 65 day.
  • Seamless collaboration with US team members.
  • Tax research and analysis using resources like IRS Site, CCH, Lexis, Bloomberg Tax etc.

Education

MBA - Finance And Accounting

SCMS School of Technology And Management
Kochi
04-2014

B.COM - Accounting

Chinmaya Vidyapeet
Kochi
04-2012

12th Standard, CBSE -

The Choice School
Kochi
04-2009

Skills

  • Applications: OneSource Trust Tax, CCH Axcess Tax, BNA Interactive Forms, Microsoft Office Applications

Certification

  • Certified US Enrolled Agent, EA

Timeline

Tax Supervisor

Citrin Cooperman India LLP
01.2025 - Current

Senior Tax Associate II

EY Global Delivery Services India LLP
04.2022 - 12.2024

Senior Tax Consultant

Deloitte Tax Services India Pvt. Ltd.
11.2017 - 04.2022

MBA - Finance And Accounting

SCMS School of Technology And Management

B.COM - Accounting

Chinmaya Vidyapeet

12th Standard, CBSE -

The Choice School

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