Freelancer - US Tax

Freelance - US Tax - (Remote Opportunity)

Company: Client of Miles Education

Location: Bangalore (Remote)

Position: Freelance - US Tax

Qualification: Any relevant graduation

Professional Qualification: CPA or CA or EA preferred

Experience: 3+ years in US Individual Tax (Form 1040) AND/OR Business Tax Returns (Forms 1120, 1120-S, 1065).

Experience:

• Minimum 3 years of hands-on experience reviewing and preparing U.S. Individual (Form 1040) and Business Tax Returns (Forms 1120, 1120-S, 1065).
• Ability in identifying errors, tax-saving opportunities, and compliance issues in reviewed returns.

Technical Skills:

For US Individual Tax (1040)

• Strong knowledge of U.S. federal and state tax laws, regulations, and current IRS guidelines.
• Solid understanding of Schedule C, Schedule E, depreciation (Form 4562), and multi-state returns.
• Proficiency in tax software (e.g., ProConnect, ProSeries, Drake, UltraTax, Lacerte, CCH or similar).

For Business Tax Returns (Forms 1120, 1120-S, 1065)

• Familiar with Forms 1065, 1120S, and 1120, along with their supporting schedules.
• Knowledge of Forms 5471 and 5472 is a plus.
• Proficient in using Drake and CCH tax software.

Skills:

• Ability to review work papers, trial balances, and source documents for accuracy and completeness.
• Comfortable using digital tools for collaboration google sheet, doc, slack.
• Solid accounting background; ability to prepare adjusted journal entries is an advantage.
• Understanding of state tax return preparation and franchise tax compliance.
• Must be available to work a minimum of 4-5 hours per day.

Analytical & Review Abilities:

• Skilled in reconciling financial statements to tax returns.
• Ability to spot inconsistencies, missing information, and potential audit triggers.
• Strong grasp of tax credits, deductions, and adjustments applicable to individuals and businesses.

Communication & Documentation:

• Strong written and verbal communication skills for client and internal team interactions.

Compliance & Quality Control:

• Commitment to meeting IRS and state filing deadlines with accurate, compliant returns along with internal deadlines
• Knowledge of e-filing procedures, extensions, and amended returns.

Work Ethic & Independence:

• Self-motivated & Reliable: Ability to manage multiple projects and deadlines with minimal supervision.
• Must be detail-oriented and take ownership of their work.

Flexible Work Schedule:

• Flexibility in Hours: Ability to work flexible hours and adjust workload as needed, especially during peak tax seasons. Ideally someone who is already freelancing.
• Remote Work Capability: Comfortable working remotely, using online tools for communication, collaboration, and project management.

Availability:

• Tax Season Availability: Availability during peak tax season is essential, with the potential for overtime or increased workload during busy periods. Preferred availability during morning hours from 9am - 2am.

Compensation & Payment Structure:

• You will be paid per return & hourly basis. The team will discuss this with you during the first round.
• Performance-Based Incentives: After achieving a certain milestone of number of returns, freelancers will be compensated additionally.