Karen Blanc Email & Phone Number

Big Four public accounting experience in federal and state tax consultingAreas of focus include federal and state tax compliance, income tax provisions, corporate tax planning, and due diligence for SEC registrantConduct review of complex consolidated federal and multi state income tax returns including C-Corps, S-Corps, partnerships, LLC's, LLP's, & individualsPerform research of relevant tax laws, regulations and rulings to determine proper tax treatmentAssist in the evaluation and implementation of tax planning opportunitiesEvaluate tax exposures, risks and provide recommendationsOversee federal/state and local tax credits and incentives pursuits; retrieved $5 M in enterprise zone credits.Manage internal and external auditors for financial statement purposes; defend positions taken on open returnsRetreived $5 M of refund through net operating loss carryback claimsAssist in divestitures of subsidiaries. Perform analysis of stock basis calculations pursuant to Reg. Sec. 1.1502-32Prepare and manage the recording of monthly, quarterly and annual income tax provision and tax footnotes in accordance with ASC 740 including analysis of ETR, deferred and current expenseDetermine whether a valuation allowance is needed under ASC 740 and create models to sustain deferred tax balances using potential tax planning strategiesPerform intraperiod allocation under ASC 740 to allocate valuation allowance among multiple componentsEvaluate likelihood of sustaining positions taken and review recognition and measurement of reserves for uncertain tax positions under FIN 48 and FAS 5.Manage state/local tax compliance such as sales/use taxes, property taxes, business taxes and unclaimed properties in various jurisdictionsReview tax reconciliation accounts on the general ledger to support monthly closing for the company and its subsidiariesLead, coach, develop staffValuable team player, exhibits integrity, accountability, leadership and professionalism

Listed skills include Accounting, Corporate Tax, Management, Tax, and 2 others.

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  Tax Manager

  Unified Grocers, Inc.

  Dec 2007 - Present

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  University Of California, Berkeley, Haas School Of Business

  Business Administration