TAX PREPARATION / PLANNING / PROJECTIONS
Client Organizer Management
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Arrange and send client organizers to facilitate tax data collection.
Client Follow-Up
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Follow up with clients for tax documentation via email and phone to ensure timely submission.
Efficient Information Gathering
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Use targeted questions and communication methods (email or phone) to gather accurate information for tax return preparation.
Document Management
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Organize and store tax-related documents received via email or scanned, saving them to tax software, file cabinets, or firm servers.
Tax Software Data Entry
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Input tax codes into trial balances and enter data into tax software for business tax returns.
Tax Documentation Review
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Review documents thoroughly before entering information into tax software.
Quality Assurance
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Double-check entered data against source documents and compare the current year’s tax return with the previous year to ensure accuracy.
Error Resolution
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Identify and clear diagnostics or errors in tax returns.
Client Approval Process
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Coordinate with clients for missing information, clarifications, and obtain approval on tax returns.
Tax Return Review and Adjustments
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Review tax returns, prepare review notes and questions, process corrections and adjustments, and secure client approval.
Client Authorization
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Manage client signatures on IRS Form 8879 for electronic filing of tax returns.
Supporting Documentation
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Prepare specific spreadsheets, reports, and workpapers as required by firm policy.
Workpaper Management
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Compile, bookmark, and organize documents along with source files for efficient reference.
Tax Projections and Estimates
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Prepare tax projections and estimates based on current and prior-year data as needed.
Advance Tax Payments
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Assist clients with payment of advance taxes according to their requirements.
Book-to-Tax Adjustments
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Prepare and review book-to-tax adjustment entries.
Individual Tax Returns
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Prepare and review federal (1040, 1040NR), state, and city individual tax returns.
Corporate Tax Returns
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Prepare and review federal (1065, 1120, 1120S), state, and city corporate tax returns.
Other Tax Forms
Prepare and review additional tax forms such as 990, 1041, FBAR filings, and information returns/forms like 5471, 5472, 2555.