Senior Associate – US Business Tax Returns

Job Title: Senior – US Business Tax Returns (Forms 1120, 1120S, 1065)

Location: Ahmedabad -US Time Zone Overlap Required

Ambit Tax and Accounting Services LLP Overview

Ambit Tax and Accounting Services LLP is a leading offshore accounting firm specializing in US accounting, taxation, and remote staffing solutions. Led by Chartered Accountants and supported by a team of highly trained professionals, we partner with CPA firms, CFOs, and US-based businesses to provide end-to-end support for bookkeeping, payroll, sales tax, business and individual tax returns, and GAAP-compliant financial reporting. Our commitment to accuracy, timeliness, and secure delivery makes us a preferred back-office partner for firms seeking scalability and efficiency.

Job Summary:

We are seeking a knowledgeable and experienced Senior Associate – US Business Tax Returns to manage and review tax filings for US-based corporations and partnerships. This role involves preparation and review of Forms 1120, 1120S, and 1065, working closely with US CPA firms and ensuring accurate compliance with IRS regulations and deadlines.

Key Responsibilities:
• Prepare and review Federal and State tax returns for Corporations (1120), S-Corps (1120S), and Partnerships (1065)
• Conduct tax research and ensure compliance with IRS codes and state tax laws
• Review trial balances, general ledgers, and year-end financials for tax accuracy
• Reconcile book-to-tax differences and prepare supporting schedules
• Collaborate with CPA firms on client-specific tax matters, including depreciation, credits, elections, and carryovers
• Support client queries, documentation, and follow-ups related to IRS notices or adjustments
• Mentor and supervise junior tax staff during tax season and review cycles
• Ensure timely delivery of high-quality tax returns within TAT and client expectations

Qualifications & Skills:
• Chartered Accountant (CA)/EA/CPA-qualified
• 3–5 years of experience in preparing and reviewing US business tax returns
• Strong working knowledge of Forms 1120, 1120S, 1065, and related schedules (K-1, M-1, M-2, etc.)
• Hands-on experience with Lacerte, ProSeries, UltraTax, Drake, or similar tax software
• Strong understanding of US tax law, depreciation (MACRS/Bonus), and multi-state filings
• Excellent attention to detail, organizational, and communication skills
• Willingness to work during US business hours (EST/CST overlap)