Us Tax Preparer

**Responsibilities**

Responsible for U.S. income tax preparation for individuals and companies (Form 1040, 1065,

1120, the 1120S, 990, etc.). Identify potential tax credits and liabilities. Ensures accurate and

complete returns are filed in a timely manner for Federal, multi-state and local income tax

returns by adhering to US Tax Compliance and regulations.

ESSENTIAL DUTIES AND RESPONSIBILITIES
- Prepare and assist in preparing simple to complex tax returns for individuals and

small businesses.
- Review various financial records like income statements, receipts of expenditures, and

previous tax returns to determine a strategy for preparing current returns. Interview

clients to get a thorough picture of their financial situation.
- Prepare tax returns using electronic filing software (Pro system FX, Pro series, Lacerate,

Go System, Drake, Ultra tax, Intuit online tax), Additionally QuickBooks expertise is a must
- Help taxpayers/clients by using their federal, state, and local codes and see to it that

clients receive the maximum benefit permitted under the law of government. Uncover

potential deductions and credits. Advise against potential tax liabilities. Ensure clients

do not pay unnecessary taxes. Resolve customer queries.
- Verify totals on past forms for accuracy.
- Calculate and invoice for form preparation fees.
- Perform necessary bookkeeping to keep financial records up-to-date.
- Assist the operations team with their daily workload.

KEY PERFORMANCE INDICATORS (KPI)

These KPIs will be essential in assessing the performance of the abovementioned duties and responsibilities.
- Average 3 hours per tax return for different complexities
- Accuracy of work. The number of errors per form.
- Additional hours on operations work
- Client & Employers Satisfaction

**Qualifications**

QUALIFICATIONS
- Quickbooks Expertise
- Minimum 1 year of experience in preparing US tax returns.
- College Degree in any relevant field, for example, commerce or finance.

COMPETENCIES:

- US GAAP - Strong knowledge of US Generally Accepted Accounting Principles (GAAP) or

willing to study independently to acquire this knowledge.
- US Taxation - Strong knowledge of US Taxation rules for individuals and corporates. Must

know how to look up relevant information online.
- Software Expertise - Expert knowledge of at least one tax preparation software. Must be

able to learn new similar software. Examples of software: Pro System FX, Pro Series,

Lacerte, Go System, Drake, Ultra Tax, Intuit Online Tax, Quickbooks, Xero
- Detail oriented - Must be able to juggle large numbers of details simultaneously while

not losing track of their relationships with each other.
- Communication - Communicates clearly, fluently and in a compelling manner to create

understanding. Actively listens to people to understand and seek feedback.
- Ownership and Accountability for Results - Demonstrates ownership for goals. Drives

himself and others to achieve desired results. Reviews and monitors progress with

course correction to ensure success. Raises the bar after each achievement.
- Learnability - Proactively seeks opportunities to learn and relearn. Seeks new

challenging experiences without fear of failure. Quickly attains mastery even in

unrelated areas. Utilizes learning for improving performance.

PHYSICAL DEMANDS

The ability to communicate orally with management, and other co-workers, both individually and in

essential.

Sitting for extended periods is common. Hearing, vision, and speaking within normal ranges is

essential for regular conversations, receiving ordinary information, and preparing or inspect

documents.

WORK ENVIRONMENT

The job is performed indoors in a modern open office setting.

ADDITIONAL DETAILS FOR CANDIDATES

Industry: ITeS/IT/BPO

Location: India

**Salary**: As per market standards

**Job Types**: Full-time, Regular / Permanent

**Benefits**:

- Commuter assistance

Schedule:

- Day shift

Supplemental pay types:

- Performance bonus

Application Question(s):

- Name the forms of experience you have as a US Tax Preparer.

**Experience**:

- total work: 1 year (required)