We assist individuals and businesses virtually with their accounting, bookkeeping, payroll, & income tax return filing needs. We have over 18 years of experience in industry & public accounting that we leverage to best serve our client's needs.

Reviewed M-3 adjustments for the Federal Income Tax Return.Develop and document tax requirements for the new tax amortization engine for the retained portfolio.

Manage the firm’s tax departmentLead and mentor tax department team consisting of both employees & independent contractorsPrepare and review individual, corporate, S-corporation, & partnership federal & state income tax returnsResponsible for establishing Standard Operating Procedures for tax department

Managed all areas of the company’s corporate tax departmentLead and mentored a team of three accountantsReviewed & prepare federal & state income tax returnsReview & approve month/quarter-end journal entriesPrepare monthly schedules related to current income tax expensePrepare quarterly & year-end income tax provision schedulesPrepare quarterly & year-end related tax footnotes for the 10Q/10K filings.

Prepare monthly schedules related to current income tax expense and Fin18.Prepare quarterly and year-end income tax provision schedules related to ASC718, Deferred and Current tax expensePrepare quarterly and year-end related tax footnotes for the 10Q/10K filings. Perform internal control testing related to tax processes.Prepare monthly and quarterly related tax journal entries using PeopleSoftPrepare reports related to company's deferreds using TaxStream. Assist in the preparation of book to tax differences (M3s) Prepare reports for use by the compliance team

Provide tax compliance and advisory services to clients from Fortune 100 to emerging businesses related to investment vehicles such as REMICS

Prepare Individual and Small Business Tax Returns Assist tax payers with tax planning and researchBookkeeping for small business

Prepare and record month-end & year-end journal entriesPrepare monthly bank reconciliation Prepare trade account reconciliationPrepare bi-weekly payroll checks and ensure all Federal & State payroll deposits are done timelyPrepare Quarterly and Year-end Payroll reportsPrepare monthly Sales & Use Tax returnPrepare required property tax returnsWork with company's Certified Public Accountant at year-end in order to complete Federal & State Income Tax returnPrepare any required Federal & State Tax Forms as requested

Prepared Compilation reports for monthly, quarterly and year-end clients Prepared Tax returns for Corporations, S-Corporation, Partnerships, and Exempt OrganizationsPrepared personal property tax returns for clientsPrepared Quarterly and Year-end Payroll reports and forms for clientsAssisted with preparation of Individual Extension payments Assisted clients with general bookkeeping and tax questions

Corporate Tax DepartmentFAS109 Income Tax ProvisionPrepare Book-Tax (M-3s) difference by analyzing data obtained from other departmentsAnalyze impact of net operating losses related to Federal & State Income Taxes Ensure work papers meet Sarbanes-Oxley regulationsParticipate in Sarbanes-Oxley Reviews done by Internal Audit.Work closely with external auditors Income Tax ProvisionComplianceResponsible for preparing and timely filing Sales & Use Tax ReturnsPerform Sales & Use tax Reviews to ensure accuracy of filingsResearched applicable Sales & Use tax issues related to Capital Asset Acquisition RequestsResponsible for preparing Property Tax Returns for Maryland & VirginiaPrepared necessary Unclaimed Property Tax ReturnsAssist in preparation of Federal and State Estimated paymentsContractsReview contracts for Transportation Management Systems and Space Systems GroupsResearch Tax issues related to Domestic and International ContractsCreated a contract review checklist to ensure proper documentation

Performing Loans AccountingManage a staff of five for the Performing Loans Accounting GroupResponsible for reviewing and approving account reconciliations, journal entries and other deliverables prior to review with upper managementEnsure monthly accounting close deadlines are metDevelop and maintain Sarbanes-Oxley documentation for groupWork closely with Change Management group to analyze new product impacts and implement new processes related to project initiatives and new products

Performing Loans AccountingChange ManagementResponded to Operational Risk Assessments for new products/programs impacting Performing LoansInteracted with automation teams to ensure Performing Loans build and test requirements were met before implementation of new products/programsAccounting FunctionPrepared Bank Reconciliation, Account Reconciliation, Journal Entries, Net Yield Analysis and related schedules.Assisted in training of team members on baseline dutiesUpdated and maintained accounting procedures

Corporate TaxReviewed and prepared tax files impacting Freddie Mac's corporate tax return.Researched outstanding issues and procedural changes Prepared and reviewed files to verify the Tax Accounting System provided accurate dataResearched and corrected discrepancies in the TAS.Assisted in training new staff on Tax Department procedures such as file preparation, accessing PeopleSoft and using the Tax Accounting System (TAS)Aided in streamlining processing of files related to delinquent loansHelped align files with current process while maintaining similar workflow with related files.Reconciled Servicing Fees to fee amounts generated by the TAS system.Analyzed query design to ensure accurate accounting resultsSales & Use TaxReviewed State Sales and Use tax files and returns.Researched state tax laws related to sales and use taxes and implications to Freddie Mac's customerResponsible for making prompt payments of sales tax owed by Freddie Mac.Aided in setting up electronic funds transfers (EFTs) various states.Replied to related sales tax correspondence.Trained Tax Analyst in sales tax preparation and Insource Tax SoftwarePartnership Reviewed tax files related to Freddie Mac's partnership.Aided in Preparation and review of Freddie Mac's partnership return and related schedulesProjects/InitiativesAnalyzed and documented current manual process for automation requirementsDeveloped reports for Tax Credit Loss ReportingIdentified data mapping between multiple systems to ensure data validityDeveloped database by using PeopleSoft, Excel and Access to aid with Tax IRS Audit inquiries

CompliancePrepared and reviewed quarterly, extension and annual Tax M-1's for use in Federal Tax payment calculations and Federal Tax ReturnResearched and resolved discrepancies in the Tax Accounting SystemSales & Use TaxPrepared State Sales and Use tax files and returns.Responsible for making prompt payments of sales tax owed by Freddie Mac.Aided in setting up electronic funds transfers (EFTs) various states.Replied to related sales tax correspondence.Researched state tax laws related to sales and use taxes and implications to Freddie Mac's customerResearched discrepancies within files. Partnership Prepared tax files related to Freddie Mac's partnership.Prepared Freddie Mac's partnership return and related schedules.