US Tax Reviewer

Job Description:US Tax ReviewerOverview: As a US Tax Reviewer, candidate's primary role is to review and validate the accuracy and compliance of tax returns prepared by the tax preparation team. He/she will play a crucial part in ensuring that all tax returns meet the highest standards, are error-free, and comply with current tax laws and regulations. He/she should have substantial experience of reviewing Federal & State tax returns and projection for more complex high net worth Individuals, Partnership, Corporation, Trust, Fiduciary & Gift Tax Returns. (1040, 1065, 1120S, 1120C, 990 & Etc). He/she should have sound knowledge of preparing & reviewing non-resident and expatriate tax returns and should having a knowledge of forms 2555, 5471, 5472, 1116, 1118, 8992, 8993 & etc.Key Responsibilities:Quality Assurance:Conduct comprehensive reviews of tax returns prepared by junior tax preparers for individuals, businesses, and other entities.Verify the accuracy of calculations, ensuring adherence to tax laws and regulations.Identify and address any errors, inconsistencies, or potential issues in tax returns.Technical Expertise:Stay abreast of changes in tax laws, regulations, and accounting principles to provide accurate guidance during the review process.Assist in resolving complex tax issues and provide support to junior preparers.Client Communication:Communicate with tax preparers to provide feedback, clarification, and guidance on the tax return review process.Address any questions or concerns raised by tax preparers and provide constructive feedback to facilitate learning and improvement.Documentation and Recordkeeping:Maintain detailed documentation of the review process and any adjustments made to tax returns.Ensure that all review procedures are properly documented for compliance and quality control purposes.Training and Development:Provide mentoring and training to junior tax preparers, offering guidance on tax regulations, software usage, and best practices.Assist in the development of training materials to enhance the skills and knowledge of the tax preparation team.Process Improvement:Collaborate with senior management to identify areas for process improvement in the tax preparation and review workflow.Propose and implement changes to enhance efficiency and accuracy in the tax review process.Deadline Management:Manage review schedules to meet tight deadlines, ensuring timely completion of high-quality tax returns.Coordinate with the tax preparation team to address any issues that may arise during the review process.Maintaining the client deliverables tracker, ensuring completeness of work, tracking queries, monitoring status updates, and managing other pertinent information. (The client deliverables tracker serves as a crucial tool for monitoring project progress, addressing queries promptly, and maintaining transparency in the overall tax review workflow.)Client Consultation:Collaborate with clients to address any inquiries or concerns related to the tax return review process.Provide insights and recommendations to clients on optimizing their tax positions and addressing potential issues.Qualifications:Bachelor's degree in accounting, finance, or a related field.Enrolled Agent (EA) certification is often preferred.Substantial experience in US tax preparation with a focus on reviewing tax returns.Proficiency in tax preparation software and a strong understanding of tax laws and regulations.Excellent analytical and problem-solving skills.Strong attention to detail and commitment to maintaining high-quality standards.Excellent communication and interpersonal skills.