Real Estate Manager
Resume:
RAVI MARINGANTI, CPA
Fair Lawn NJ 07410
Tel: 718-***-****
Email: acxjyg@r.postjobfree.com
SKILLS
Good working knowledge of Federal Tax Laws – Partnership, Corporate, Trusts and Estates, Individuals.
High knowledge of structuring corporate businesses; Real Estate Partnerships between US and Abroad, Withholding and Repatriation rules.
Good Working Knowledge on Expatriate Taxation and FATCA Rules.
Good working knowledge of analyzing Transfer Pricing issues and setting up Transfer Pricing agreements with US tax authorities.
Good experience in resolving issues relating to Federal and State tax laws with Federal and State Tax Agencies.
EXPERIENCE
Mirani Bagdai Thakkar and Associates, Clifton NJ- A Regional top firm since 1985 catering to medium to high net worth businesses and professionals www.miraniassociates.com
Since 2015 A 14 member CPA firm in the city of Clifton with 3000+ clients that includes closely held businesses and professional firms spanning across various industries.
Sr Tax Accountant.
Prepared and reviewed multi-state corporate tax returns – S Corps, C Corps and Partnerships- of company’s size $2-50million in gross revenues- including allocation of business percentage between states for filing State and Local Tax Returns. .
Reviewed and analyzed foreign asset holdings and prepared required FBAR forms including form 1116, 8938, Form 8802 Residency Certificates
Handled Expatriates Tax Returns filing under Overseas Streamlined foreign offshore procedure
Set up and Structured Real Estate Partnerships leveraging the limited liability concepts and Planning the Passive Activity Limitations to the best advantage of the client apart from Preparing and finalizing the partnership returns and finalizing K-1- Asset Size $ 20-30 Million
Prepared, Reviewed and Finalized Personal Tax Returns, including tax planning for Officers and High Net worth Clients.
Prepared and Reviewed Gift Tax returns and filing.
Investigate and respond to tax notices and represent clients before the IRS and State Tax Authorities.
Research various corporate, sales & use, deferred compensation, and payroll tax issues.
Suggest tax saving measures to improve client profitability and provide planning throughout the year.
High interaction with client on business issues
Mentored the Junior Accountants as part of the team in accounting and taxes.
Eshel and Partners LLP, New York
December 2012 to
June 2015 A 50 member CPA firm in midtown serving 4300+ clients that include: Real Estate, multi-national corporations and High Net worth Clients- www.eshelcpa.com
SENIOR TAX MANAGER
As a Senior Tax Manager heading the tax department, responsible for compliance with client engagements and monitoring the timelines of delivery and maintaining the highest standards set by the profession.
PLAYED A KEY ROLE IN THE 2013 TAX SEASON AND STREAMLINED THE SYSTEM TO COMPLETE RETURNS EFFECTIVELY.
Prepared and reviewed multi-state High Net Worth corporate tax returns – S Corps, C Corps and Partnerships- of companies size $20-60 million in gross revenues- including allocation of business percentage between states for filing State and Local Tax Returns. .
Prepared and reviewed Foreign and Expatriate Corporate tax returns including filing 1120F, application of FIN 48 UTP positions on the tax returns, look through rules etc.
Reviewed and analyzed foreign asset holdings and prepared required FBAR forms, Forms 5471 and 5472 including forms 2555 and 1116.
Reviewed and finalized Transfer Pricing studies and agreements with IRS for clients operating through holding companies and subsidiaries between US and abroad.
Set up and structured Real Estate Partnerships leveraging the limited liability concepts and structuring the activities between ordinary and passive, short term and long term capital gains, planning the Passive Activity Limitations to the best advantage of the client apart from preparing and finalizing the partnership returns and finalizing K-1- asset size $ 20-30 Million
Structured the partnership activities to correctly allocate the partnership income between general and limited partners.
Prepared, reviewed and finalized Personal Tax Returns, including tax planning for Officers and High Net Worth Clients.
Set up, review, maintain and comply on retirement plans and asset protection plans for High Net Worth clients including Self Directed IRAs (Solo 401K) and Rainmaker Plans and filing of forms 5500.
Investigate and respond to tax notices and represent clients before the IRS and State Tax Authorities.
Research various corporate and real estate partnership structuring including planning for doing business between abroad and US apart from tax planning throughout the year.
Suggest tax saving measures to improve client profitability.
High interaction with client on business issues.
Supervise and manage 6 member team comprising accountants and senior accountants.
Assist and coordinate with audit team with tax provisions and application of FAS 109.
Global Accounting Associates LLC, New York
February 2010 to
December 2012 A 14 member CPA firm in midtown serving 300+ clients that includes Information Technology, Real Estate and High Net Worth Clients
TAX MANAGER.
Prepared and reviewed multi-state corporate tax returns – S Corps, C Corps and Partnerships- of company’s size $2-5million in gross revenues- including allocation of business percentage between states for filing State and Local Tax Returns. .
Set up and Structured Real Estate Partnerships leveraging the limited liability concepts and Planning the Passive Activity Limitations to the best advantage of the client apart from Preparing and finalizing the partnership returns and finalizing K-1- Asset Size $ 20-30 Million
Prepared, Reviewed and Finalized Personal Tax Returns, including tax planning for Officers and High Net Worth Clients.
Reviewed and analyzed their foreign asset holdings and prepared required FBAR forms, Forms 5471 and 5472 including forms 2555 and 1116.
Set up, review, maintain and comply on retirement plans and asset protection plans for High Net Worth clients including Self Directed IRAs and Rainmaker Plans and filing of forms 5500.
Investigate and respond to tax notices and represent clients before the IRS and State Tax Authorities.
Research various corporate, sales & use, deferred compensation, and payroll tax issues.
Suggest tax saving measures to improve client profitability and provide planning throughout the year.
High interaction with client on business issues
Supervise and manage team comprising of 1 senior accountant, 4 junior accountants and 1 tax analyst
Assist with development of new staff.
March 2006 to Manhattan Professional Group Inc, New York
February 2010 A 200 member firm headed by two CPAs in midtown specializing providing broad range of services to small to medium businesses nationally – Diverse clientele that include; Real Estate Partnerships, Online Businesses, Service industries – Attorneys and Architects- High Net Worth Individuals including Executives- High income medical practices.
TAX MANAGER, MOUNTAIN ZONE
Responsible for serving the assigned set of clients in providing year round services for their businesses and officers.
Reviewed and finalized Tax Returns 1120, 1120S, 1065, including K1 allocations and business allocations for multi state tax returns.
Finalized personal tax returns 1040 including compliance with FBAR requirements, form 1116 and 2555 for expatriate clients.
Ensured compliance with estimated tax requirements and yearly tax projections for High Net Worth clients and C Corporations.
Ensured that the monthly accounting is completed on time; complete general ledger scrutiny, finalized the monthly financial statements for issuance to clients and financial institutions on their behalf.
Negotiated and coordinated clients working capital requirements with financial institutions for approval.
Mentoring and training the team members to stay current on tax and all compliance related issues.
Research client specific tax and accounting issues.
Investigate and provide tax resolution.
Research various corporate, sales & use, and payroll tax issues.
Tax planning for high income individuals.
Jan 2004 to Sonu Shukla, CPA PC, Orlando, FL
March 2006 SENIOR TAX ACCOUNTANT
Prepared tax returns 1040, 1120S, 1120, 1065, 1041,760 and 5500.
Prepared and finalized quarterly payroll tax returns including withholding adjustments.
Prepared extensions and estimated tax forms including tax projections for High Net Worth clients.
Research tax related issues.
Respond to tax notices and assist in all tax related matters of the practice.
Prepare year end and monthly closings for general ledger.
Financial statement preparation for review / compilation reports.
Organized, planned and performed audits. .
Correspond and interact with clients to maintain long-term relationships.
2000 to 2003 Ramesh Sarva, CPA PC, Forest Hills, NY
TAX ACCOUNTANT
Reviewed work of bookkeepers.
Performed bank reconciliations, tax reconciliations and prepared adjusting journal entries.
Prepared financial statements with footnotes for review / compilation reports.
Organized, planned and performed audits.
Prepared tax returns 1040, 1065, 1120 and 1120S, Payroll Tax returns 941 and 940 including state withholding tax returns and withholding adjustments via tax deposits.
Provided tax consultations to clients.
Set up and organized new businesses.
1995 to 2000 M Bhaskara Rao & Co, Chartered Accountants, Hyderabad, India
POSITION: AUDIT MANAGER
Headed the audit team and conducted the statutory audits for public companies-
heavy experience conducting bank audits
Identified the audit issues and discussed with the partners to resolve it.
Represented the firm on the audit committees of the clients as an independent auditor.
Played an important role as an audit manager for the firm in developing the
information systems manual.
Mentored, monitored and reviewed the team’s performance of the audits
1987-1995 Articled Clerk and Junior Accountant with a CA Firm in Machilipatnam, Andhra Pradhesh
CERTIFICATION Licensed Certified Public Accountant from Colorado – 2002
Chartered Accountant from India licensed since - 1995
EDUCATION Bachelors in Commerce
Sri Venkateswara University, Andhra Pradhesh, India
Current Member: AICPA and NATP
COMPUTER SKILLS TAX SOFTWARES: Ultra Tax, Lacerte, Proseries, and Drake
ACCOUNTNG SOFTWARE: QuickBooks, Accounting Relief (an Accountants world’s Online Accounting Portal)
OFFICE AND RESEARCH: Word, Excel, Power Point, Thomson Reuters PPC Checkpoint
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