Tax Accountant
Resume:
Kenneth D. DeBow
**** ****** **** *****, *** ****
Houston, Texas 77036
******@*******.***
TAX ACCOUNTANT: Trusts, foundations, and exempt organizations
Tax accounting professional with 2 years of trust tax experience and 8 years of experience preparing tax returns for individuals and organizations
Business management professional with 6 years of experience with cost accounting
Subject matter expert for tax law relevant to high net worth individuals, trusts, foundations, and non-profits
PROFESSIONAL EXPERIENCE
Thomson Reuters, Chicago, Illinois
Associate Tax Accountant, October 2007 – January 2010
Tax Accounting Associate responsible for completed 1099 forms, fiduciary, & individual income tax returns including estate fiduciary income tax returns, charitable split interest trusts, foundations, & exempt organizations; Reviewed and corrected account and transaction data bridged from trust accounting systems to OneSource Trust Tax; Used knowledge of tax law and software applications to correct data in various ways including modifying tax coding and insertion of missing or corrected data; Reviewed source data, made decisions with regard to income and deductions, and key data for tax software
Major Contributions:
Reduced clients’ tax liability by attaching expenses to income from rental property or by capitalizing improvements and selling expenses in order to increase basis in properties that were sold, reducing the capital gains from sale of properties ranging from $100,000 – $2,000,000
Prepared 990 Forms for tax-exempt organizations and non-exempt charitable trusts with book values up to $30,000,000
Annually reclassified client portions of Ingersoll- Rand's $200,000,000 in dividends to non-taxable returns of capital
Wilma’s House Childcare, University Park, Illinois
Business Manager, February 2001 – September 2007
Financial Operations Manager for day care operation responsible for managing the purchasing and procurement of supplies and equipment, bookkeeping, and preparing federal tax returns
Major Contributions:
Found a provision in the tax law that allows the taxpayer to use a different formula from other home based businesses to deduct expenses for home day care centers, saving an average of $2,000 of annual tax liability
INTERNSHIP EXPERIENCE
Liberty Tax Service, Richton Park, Illinois
Internship, February 2007 – April 2007
Intern responsible for preparing tax returns for individuals using TaxWise software, analyzing returns prepared by other employees, researching various tax laws, and explaining relevant tax laws to clients
EDUCATION
Master of Science in Accountancy
University of Phoenix, Online Campus
Expected graduation: February 2012
Bachelor of Science in Accounting
Governors State University
University Park, Illinois
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