Mark Karas Email & Phone Number

Castle Rock, Co, Us

Providing a broad range of tax services including income, property and transaction taxes. projects include collaborating with members of the finance and legal team to maximize tax refunds, respond to inquiries from tax authorities, complete income, transaction and property tax filings, and correspond with income, sales, and property tax auditors. • Analysis of POS sales data in response to state audit requests.• Lead team of eight consultants in analysis of the sales tax treatment of 35,000 products sold in 400 locations in 30 states.• Preparation and review of income tax return work papers.• Preparation and review of state, provincial and local apportionment.• Coordinate filing of US and Canadian federal, state, provincial and local income tax filings with third party service providers. • Preparation and review of final property tax renditions for over 900 locations. Respond to tax assessor inquiries on disposition of property upon closure of all company locations.• Analyze net operating losses available for carryback, prepare and review carryback filings, resulting in substantial refunds.

Denver, Colorado, Us

Responsible for global tax operations including supervision of two employees for a North American mining company with $1.5 billion in assets and $1.5 billion in annual revenue. Extensive experience in management and development of staff, management of external advisors, US Federal consolidated, multi-state and Canadian income tax returns, quarterly close process, transaction taxes, process improvement, transfer pricing, global cash management, expat employee tax equalization, SOX 404 compliance and audits by taxing authorities. Assist management in the successful emergence from Chapter 11 bankruptcy.

Department head responsible for global tax operations. Extensive experience in management and development of staff, management of external consultants, US Federal consolidated, multi-state and Canadian income tax returns, monthly/quarterly/annual close process, property taxes, transaction taxes, process improvement, transfer pricing and payroll. Tax planning implemented to generate tax savings and refunds of more than $140 million. Assist in the orderly integration and transition of the Thompson Creek operations with Centerra Gold.

Providing a broad range of tax services to both publicly held and private clients in a variety of industries, including life insurance, business process outsourcing, airlines, manufacturing, software development and sales with revenues ranging from $250 million to $2.5 billion through Jefferson Wells, Resource Group Enterprises and Adam James International.• Analyze and document business and tax processes; recommend and implement process improvements.• Establish/reengineer tax functions for client companies.• Prepare and review income tax provision calculations and disclosures for annual and quarterly filings under US GAAP (ASC 740), Canadian GAAP and NAIC statutory reporting. Meet with internal and external auditors.• Conduct reverse audits to identify missed opportunities and audit exposures.• Prepare and review Federal and state income tax returns and sales and use tax returns.• Prepare and review airline state centrally assessed and local property tax returns.• Review prior filed tax returns for refund opportunities, prepare and review amended returns and claims for refunds resulting in $40 million in refunds.• Prepare, review and update SOX 404 documentation.• Investigate and respond to tax notices and audit requests.• Research and planning in all areas of tax including income, payroll, property, sales and use taxes.

Stamford, Ct, Us

Over 16 years with one of the largest cable television companies in the country with $57 billion in assets and $16 billion in annual revenues. Extensive experience in business acquisitions and joint ventures, management and development of staff, Federal consolidated and multi-state income tax returns, income tax accounting, process improvement, change management and the implementation of best practices. Strong focus on accuracy and efficiency within a results and customer service-oriented environment.