Steven Parfitt, Mpac Email & Phone Number

Providence, Rhode Island, United States

Providence, Rhode Island Area

Providence, Rhode Island Area

• Prepare and review federal, state and international tax provisions in accordance with ASC 740 principles.• Prepare and review federal proforma returns, state income/franchise tax returns, property tax and Sales & use tax filings as well as federal and state extensions and quarterly estimates. This includes the analysis and calculation of adjusting journal entries to record book to tax differences, research and calculation of state modifications, oversight and compilation of all apportionment schedules, and the analysis and preparation of provision to return reconciliations. • Oversee select state income tax audits and local property tax audits. Ensure timely and accurate responses to Information Document requests, including General Ledger and Tax Compliance extract files.• Monitor state tax legislation and advise management on impact of any changes. Most recently the state impact of GILTI and transition tax legislation resulting from 2017 tax reform.• Oversee testing of sales tax software upon implementation of new E-Commerce marketplaces. Advise various departments on potential sales tax consequences upon expansion of E-Commerce activities.• Primary contact for the local accounting teams of several of our foreign subsidiaries. Work to improve relationships and communication with these teams and monitor and review the provision and tax return preparation process to ensure timely and accurate filing.• Research, analyze and document the impact of various international legislation changes on the Company, such as, U.K. Anti-Hybrid Rules and Australia Diverted Profits Tax and advise management on impact of changes as well as work with management on various tax planning strategies. • Prepare Research and Development tax credit including conducting interviews of subject matter experts and compiling and analyzing data and documentation to maximize credit and substantiate credit amount upon audit.

Providence, Rhode Island Area

• Lead senior tax accountant on numerous tax compliance and tax provision engagements. Involves managing several staff and senior accountants in both the Providence and Boston offices and providing ongoing and annual feedback, one-on-one training and guidance during tax compliance and tax provision audit engagements.• Main client contact, involving building strong client relationships, addressing any questions/concerns that may arise as well as ability to elevate issues to the appropriate personnel as necessary.• Perform and review substantive and internal control audit procedures related to income tax accounts as part of quarterly and year-end audits of public and private corporations’ income tax provisions in accordance with PCAOB and AICPA standards.• Perform and review audits of complex ASC 740 concepts for domestic and multinational corporations including effective tax rate reconciliation, current provision, deferred rollforward, uncertain tax positions, payable proof, and tax account rollforward. • Prepare and review federal income tax proformas and consolidated returns as well as separate and unitary state and local tax returns and estimated tax payments for companies ranging from small business to large global consolidated corporations.• Perform comprehensive analyses of financial statements for compliance with SEC filing requirements.• Perform analyses of accounting practices for compliance with U.S. GAAP and IFRS standards.• Research and apply complex tax technical topics monitor changes in legislation including ASC 740 concepts, tangible property regulations and other ad hoc requests.

Masters Of Professional Accountancy, Accounting

Bachelor'S Degree, Accounting

Bachelor Of Science In Business Administration, Accounting