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Estate & Trust Returns (1041)

Ashok Maheshwary & Associates
Hyderabad, Telangana

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Job details

Qualifications

Tax experience

Full job description

Job Code : ETR1041
Designation : Estate & Trust Returns (1041)
Location : Hyderabad/Gurgaon
Experience : 7.0- 10.0 Years

Job Description

Work Mode: 5 days WFO/Hybrid/Remote

Roles & Responsibilities

Review and ensure accuracy of fiduciary income tax returns (Form 1041) for estates, trusts, and related schedules (K-1s, etc.).
Perform detailed technical review of complex trust and estate tax computations, including distributable net income (DNI), income distribution deductions, and beneficiary allocations.
Apply in-depth knowledge of US federal and state tax regulations governing estates, trusts, and fiduciary taxation.
Stay updated on legislative changes, IRS guidance, and best practices related to Form 1041 filings.
Supervise, coach, and mentor a team of tax associates and seniors on 1041 preparation and review processes.
Conduct training sessions to enhance team knowledge on estate and trust taxation.
Serve as a key point of contact for US-based clients and stakeholders regarding 1041 engagements.
Address complex client queries and provide timely, accurate tax advice.
Manage workflow, assignment of returns, and ensure timely delivery of all 1041 engagements.
Implement and monitor quality control procedures to minimize errors and ensure compliance.
Coordinate with cross-functional teams (e.g., 1040, Gift & Estate Tax, Tax Planning) to ensure seamless service delivery.
Liaise with US onshore teams for clarification, escalation, and resolution of complex issues.
Identify opportunities for process improvements and automation within the 1041 review function.
Contribute to the development of internal checklists, templates, and review guidelines.
Ensure all filings comply with IRS regulations and firm policies.
Identify and escalate potential compliance risks or issues to senior leadership.

Salary:

As per industry standards.

Why AKM?

AKM Global is a leading tax and consulting firm headquartered in India, with a b and growing international footprint. Backed by over four decades of expertise, we offer end-to-end advisory and execution services across a broad spectrum, including M&A, India entry strategy, transaction advisory, valuation, transfer pricing and tax litigation. With a team of around 700+ professionals, we partner with Fortune 500 companies, multinational corporations, high-net-worth individuals, and innovative startups to provide strategic and future-ready solutions.

We are consistently ranked in the World Tax Guide and World Transfer Pricing Guide by the International Tax Review (ITR) - a recognition of our technical excellence, global standards and industry leadership.

Website: http://www.akmglobal.com

LinkedIn Profile: https://www.linkedin.com/company/akmglobal/

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pricing associate jobs in ameerpet hyderabad telangana

Estate & Trust Returns (1041)

Tax & Regulatory Compliance

Sales cum delivery associate

Sr. Associate - S&P - Procurement Ops 5B

PD - PR to PO

AP (Vendor Master)-PD

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