RACHANA ILAMARAN

• Preparation of Personal tax returns (T1) including Self-employed (T2125) Employed (T4), Rental Properties (T776), Capital Gain and Loss Sch (3), Employment expenses (T777).
• Preparing corporate tax returns (T2) including various schedules such as Schedule 3 (dividends), Schedule 4 (losses), and Schedule 8 (CCA) using Tax Prep software.
• Maintaining trial balance from the client, assigning account numbers, and manually inputting data to Case ware for preparation of financial statements.
• Processing year-end and recording adjusting entries such as tax payable and dividends payable entries.
• Importing client data from CSV files to QuickBooks and reclassifying accounts to prepare financial statements and do Bank reconciliations.
• Developed technical knowledge through a combination of workplace learning and formal study.

• Prepared and reviewed International forms of U.S tax returns - 5471, 8858, and 8865.
• Prepared standalone state returns.
• Handled the fixed assets depreciation and amortization calculation and reconciliation, assisted in importing additions, transfers, and disposals into Bloomberg fixed assets software in international and US federal tax.
• Handled importing of trial balance, and foreign exchange rates into OneSource.
• Responsible for creating tax accounts in One Source.
• Assisted in reconciling monthly reports related to provision.
• Responsible for handling the team, providing training, and assisting peers and other team members with queries and issues.

• Preparation of organizational charts based on Inflows and Outflows of funds for new acquisitions
• Analyzing the organization's balance sheet and profit and loss statements
• Preparation of form 5471 and form 8858.
• Reconcile financial accounts to ensure accurate and timely tax filings.
• Developed and maintained a comprehensive database of tax records.
• Preparing reports and making presentations on tax-related topics.

· Assisted in understanding tax laws and regulations, conducted research on depreciation calculation.

· Segregated asset types, contributing to accurate tax reporting and compliance.

· Enhanced knowledge of indirect tax processes, supporting team with detailed analysis.