Tax Specialist (US Taxation)

Mantras2success Consultants is seeking a dedicated Tax Specialist (US Taxation) to manage and ensure compliance with US federal, state, and local tax regulations for our clients. This role involves preparing and reviewing tax returns, identifying tax-saving opportunities, and supporting tax planning strategies. The ideal candidate will possess expertise in US tax laws and regulations and be highly skilled in relevant tax software.

Key Responsibilities

Tax Preparation and Filing:

• Prepare and file federal, state, and local tax returns for individuals, businesses, and partnerships.
• Ensure timely and accurate filing in strict compliance with IRS regulations.

Tax Compliance:

• Stay continuously updated on changes in US tax laws and regulations.
• Ensure adherence to all applicable tax rules and deadlines, minimizing compliance risks.

Tax Planning and Advisory:

• Assist in developing proactive tax strategies to minimize liabilities for clients or internal teams.
• Advise clients or internal teams on tax-efficient practices and financial implications.

Audit Support:

• Provide comprehensive documentation and support during IRS or state tax audits.
• Respond effectively to notices and inquiries from tax authorities.

Documentation and Record-Keeping:

• Maintain accurate and organized tax records and supporting documents.
• Review financial statements thoroughly for tax implications.

Software Utilization:

• Utilize tax preparation software (e.g., TurboTax, Drake, or ProSeries) for accurate filings.
• Ensure seamless integration with various accounting platforms.

Qualifications

• Experience: 1+ years of experience in US taxation for individuals and businesses.
• Knowledge: Strong knowledge of US tax codes, regulations, and forms.
• Proficiency: Proficiency in tax preparation software and Excel.
• Skills: Excellent analytical, problem-solving, and communication skills.

Preferred Skills

• Experience in multi-state taxation.
• Familiarity with international tax regulations.