Vipin Chauhan

• Form 1040 - Prepared, Reviewed, and filed Form 1040, ensuring compliance with federal and state tax regulations. Provided strategic guidance on tax-saving opportunities and minimizing shareholder-level tax liabilities.

Tools used -Sureprep, CCH Access Document, CCH Access Tax

• Form 1120 - C Corporations: Prepared, Reviewed, and filed Form 1120 for C Corporations, ensuring compliance with federal tax regulations and timely submission. Conducted detailed analysis of financial statements to identify tax planning opportunities, deductions, and credits.

Tools used - CCH Access Document, CCH Access Tax , CCH Tax Engagement Binder

• Form 1120-S - S Corporations: Prepared, Reviewed, and filed Form 1120-S for S Corporations, managing compliance with IRS requirements for pass-through taxation. Assisted clients with calculating shareholder basis, and distributions, and accurately reporting K-1 forms for each shareholder. Provided strategic guidance on tax-saving opportunities and minimizing shareholder-level tax liabilities.

Tools used - CCH Access Document, CCH Access Tax , CCH Tax Engagement Binder

• Form 1065 - Partnership Returns: Prepared, Reviewed, form 1065 for partnerships, ensuring accurate reporting of income, deductions, and credits at federal and state level. Ensured K-1 generation with output forms and ensured accurate allocation of income, losses, and distributions as per partnership agreement. Provided specialized tax advisory service at preparer level to best suit the needs of clients in terms tax compliances and regulations.

Tools used - CCH Access Document, CCH Access Tax , CCH Tax Engagement Binder

• Form 1099: Prepared and filed various 1099 forms (e.g., 1099-MISC, 1099-NEC) for clients, ensuring timely reporting of contractor payments and income. Reviewed vendor records and payment histories to ensure accurate 1099 reporting and compliance with IRS regulations.

Tool used - Avalara Tax.

Worked as a Tax Accountant for USA Cpa firm, Where I was required to prepare tax return and workpaper for both Individual, corporate (1120, 1120-S & 1065)

•Credit verification and assessment of Australian household ( secured ) and business loan applications by thorough analysis of financial details ( Income sources, Asset and Liabilities ).

• Assisted clients in navigate home buying process and securing registered mortgage buy-to-let mortgages.

• Collection and organization all loan documents for underwriting.

• Reviewed customer financial data to ascertain level of risk involved for extending secured home loans.

• Built strong relationships with clients, leading to increased customer satisfaction and repeat business.
• Communicated directly with customers and partners to build strong business networks and relationships.
• Developed customized solutions for clients, addressing their unique needs and helping them achieve their goals.
• Negotiated client contracts and agreements to cultivate profitable business transactions.
• Provided exceptional customer service by promptly addressing client concerns and resolving issues as they arose.