Mohit Varma

I am a US Tax Manager with extensive experience managing tax compliance and accounting for over 200 clients, driving 100% on-time federal and state filings for complex business and individual returns. I led tax strategies for a US-listed firm and a $15M Qualified Opportunity Zone Fund portfolio, achieving significant tax savings through state nexus optimization, intercompany chargebacks, and basis adjustments. I provided detailed tax analysis that reduced effective tax costs by up to 15% during business sales.

I excel in leveraging regulations to resolve complex tax issues and enhance financial outcomes.

Manager at US Taxation and Accounting at TexTaxUS Accountancy India Private Limited (2023-11 – 2026-02)

Owned by TexTaxUS Corporation – Texas, United States

• Prepared and filed large volume of annual business (Forms 1120, 1120-S, 1065) and individual (Form 1040 with Schedules A, C, E) tax returns for clients across industries, achieving 100% on-time federal and state compliance.
• Spearheaded comprehensive end-to-end tax and accounting services for a US-listed corporation, ensuring seamless annual filing compliance and financial accuracy.
• Developed tax planning strategies, including state nexus optimization, intercompany chargeback frameworks, and Section 179 and bonus depreciation elections, generating significant client savings.
• Managed tax compliance and strategic analysis for entities having $15M capital investment in 25 properties under Qualified Opportunity Zone Fund portfolio, delivering significant tax mitigation through the 15% and 100% basis adjustment.
• Conducted incremental tax analysis for the sale of client businesses, modelling pre- and post-transaction tax liabilities to guide deal structuring and deliver up to 15% in effective tax-cost reduction.
• Prepared Asset Allocation schedules as per 26 US Code 1060 and Form 8594 Asset Acquisition statement for the sale of business.
• Leveraged comprehensive research of federal and state tax regulations to resolve complex tax issues and provide practical strategic solutions.
• Managed end-to-end accounting for 50+ clients across diverse industries, including restaurants, rental real estate, and e-commerce; specialized in reconciliations, month-end close, resolution of unapplied payments, and delivery of audit-ready financials.
• Led in-house training on key US tax filings (e.g., Form 1099, Tax Return preparation), rapidly upskilling the tax team to maintain compliance and capitalize on new planning opportunities.

Article Assistant at D S B M & Associates (2020-02 – 2023-02)

It is a prominent firm in Pune, having presence across three branches in diverse states

• Prepared and filed 200+ Income Tax returns for diverse client base.
• Conducted analysis and provided consulting services to clients regarding JDA's and JVA's, while also addressing prospective tax implications associated with these agreements.
• Engaged in the rectification and refund process for a company featured in the Fortune India 500 list.
• Collected and furnished data for the GST audit conducted by the regulatory authorities.
• Facilitated GST registrations for a range of diverse business modules.
• Assisted in filing form 3CA, 3CB and 3CD.
• Verification of documents and preparation of reports for internal audit.
• Contributed to budgeting and forecasting initiatives, leading to enhanced financial planning and management.

Enrolled Agent (2026

Chartered Accountant in Accounting – Institute of Chartered Accountants of India (2023)

Bachelor's in Commerce – Pune University (2025)