Patrick Cannone Email & Phone Number

London, Gb

Tax Account Leader with a holistic view primarily focused on the financial services industry. Experience includes advising financial services clients, such as banks, credit card, FinTechs, payment processor, broker dealers, and exchanges, regarding tax-efficient products, using technology within the tax department, and assisting clients with tax accounting/FIN 48 issues. Experience with recognizing and communicating corporate and partnership tax issues in the financial services space such as worthless stock deductions, purchased loan portfolio tax treatment, partnership basis analysis, Section 265, and review tax effects of planned transactions. Experience with reviewing corporate-wide tax accounting calculations including adoption and monitoring of FIN 48 issues, purchase accounting adjustments related to acquisitions, and various valuation allowance analysis.

West Side Rangers F.C is a community based educational institution founded in 2019 on the following three principles:We believe an outstanding development program of a player and an outstanding development program of a person go hand in hand; they're not mutually exclusive;We believe in holistic approach to sport education where all domains are constantly influencing performance; and,​​We believe in maximizing childhood experience to ensure time spent with Rangers is time families and kids can look back with pride and joy!

Charlotte, Nc, Us

•Part of the transition team with Bank of America in the acquisition of LaSalle Bank Corporation, responsibilities include FIN 48 documentation, purchase accounting, monthly tax provision calculation, and the tax accounting process.

Us

•Part of the transition team with Bank of America in the acquisition of LaSalle Bank Corporation, responsibilities include FIN 48 documentation, purchase accounting, monthly tax provision calculation, and the tax accounting process•Responsible for corporate wide tax accounting (FAS 109) calculations under US GAAP, IFRS, and Management•Assisting in the adoption of FIN 48 - Accounting for Uncertainty in Income Taxes•Supervise and manage staff during month end close processes and tax accounting research projects•Review monthly, quarterly, annual provision calculations, and annual footnote disclosure•Assisting with the requirements of Sarbanes-Oxley regulations•Coordinate and discuss with outside auditor’s quarterly and annual provision calculations•Identify tax opportunities for an efficient process and savings on tax dollars

Gb

•Client base consists of C and S corporations earning up to $1 billion in sales, partnerships and individuals•Supervise staff in preparation of federal and state tax returns•Manage functions of compliance engagements including budget preparation, and staff assignments•Review more complex separate and consolidated federal and multi-state tax returns, foreign reporting requirements, and quarterly estimates•I manage the work of my client service team members•Apply and implement tax knowledge and research solutions to client situations•Recognize and communicate corporate and partnership tax issues, review tax effects of planned transactions, prepare tax provisions for financial statement purposes•Prepared and review separate entity and consolidated FAS 109 calculations•Assisting the Chief Financial Officer and/or corporate controller with the review of the tax provision and tax footnote for the 10-Q and 10-K filings•Maintain strong client service relationships

Bachelor Of Science - Bs, Accounting

Associate, General