The Project involve manage Federal and State tax compliance for all entities under Hotel II. Including delivering accurate and reliable tax work paper to the client and filing extension for both...

The Project involve manage Federal and State tax compliance for all entities under Hotel II. Including delivering accurate and reliable tax work paper to the client and filing extension for both Federal and state income and information returns in a timely manner.
The project will be conducted in following stages:
•    Collecting information prepared by client (PBC). All information should be collect via E-room. An online platform created for client to upload financial information, which including year-end trial balance, year-end journal entry, year-end analysis prepared by asset managers and specific documents required for tax purpose.

•    Prepare work paper. In general work paper will be prepared under IRS guidance and regulatory rules issue tax authorities. In most cases, income item and depreciation will be the area this project focus on different treatments between GAAP and Tax.
•    File both Federal and State Tax return extensions in required formats on time. For most states, e-file extensions are accepted, which will be filed via GoSytem. For states not accepting e-file, extensions will be filed in paper forms.
•     Send over deliverables to the client for signature. For e-filed extension, e-file authorization form will be sent in paper form for signature. Paper filed extension, the actual form will be signed by client.