Nanda Kumar K V

• Vice President - Operations at Advantage One Tax Consulting

• Senior Tax Practice Manager & Training Head - US Taxation at IBSN (India) Private Limited
• Audit Assistant at Rathi & Malani, Chartered Accountants

Education:

• Pursuing CPA
• The Institute of Chartered Accountants of India

Summary:

• Specialized in providing “Advanced Planning Services” to clients through setting up of Self-Directed IRA, Health Savings Account, W-4 Analysis, Wage Income Planning through Pre-tax Contributions, Nonresident Income Planning, etc. before the close of current tax year.
• Reviewing previous year 1040/1120/1120-S, analyzing tax information, identifying planning gaps, and recommending tax optimization measures
• Creation of primary LLC to hold personal business investments
• Drafting a Personal Will and Power of Attorney
• Establishing Children Education Trust
• Defining Self Directed IRA accounts and creation of IRA LLC and Custodian Account for routing investments into India or elsewhere
• Establishing Stock Trading Account through Primary LLC and Unlimited/Limited Partnership
• Self incorporating 1099 Income - Creation of a company and routing 1099 income through such company
• Advising High Net worth Clients like Physicians, Software Consultants, Small Business Professionals, in exercising their ISO (Incentive Stock Options), creation of LLC, setting up a Self-Directed IRA (i.e. Investing in Real Estate, Purchase of Jewelry, Loan to cousins, etc.)
• Advise on Stock Option Planning (i.e. issue of ESPP or ISO) for US Corporations
• Establishing Estate Planning Strategy, Developing Gifting Strategy,
• Establishing a Charitable Remainder Trust if one proposes setting up a School, Nursing Home, Hospital, Research Institute, or any Non-Profit activity (including a Temple) in US, India or abroad
• Represent audit cases on behalf of clients with IRS & State Revenue Depts