Michael Koloden

About Michael Koloden

MS in Taxation, CPA licensing and over 15 years of the combined public, private and…

Experience

1. Internal Revenue Agent

   Internal Revenue Service

   May 2024 — Present · Bethpage, NY, US

   Planned and conducted examinations of tax returns of high-net-worth individuals and their passthrough entities with assets equal to or exceeding 10 million.• Investigated audit techniques to examine and resolve tax issues.• Prepared risk analysis and exam plans of technical issues identified on tax returns.• Contacted taxpayers and their representatives to discuss tax compliance issues. Issued initial contact letters to individual taxpayers, partnerships and corporations• Issued Information Document Requests (IDRs) to taxpayer’s representatives• Reviewed and analyzed the taxpayer’s workpapers and files provided during the examination• Reviewed, advised and submitted form 2848 (Power of Attorney) & form 8821(Tax Information Authorization)• Conducted compliance checks on tax returns and properly vetted tax representatives and partnership representatives. • Safeguarded Taxpayer information• Implemented the Internal Revenue Manual (IRM) for disclosure procedures• Performed administrative and procedural functions as needed during the examination, including accurate input of Information Management System (IMS), preparation of work papers and reports documenting findings and conclusions.• Collaborated with appropriate practice areas, examiners, Counsel, Appeals, and other specialists to leverage and expand complex issue expertise and ensure consistent application and interpretation of tax law.• Initiated recommendations for the development of proposed changes to tax law affecting technical issues.

Skills

• Corporate Tax
• Financial Planners
• Preparation
• Account Reconciliation
• Sec Filings
• Gaap
• Financial Accounting
• Sarbanes-Oxley Act
• Accounting
• Marathon
• Multi-State Sales Tax
• Payroll
• Sales Tax
• Leadership
• Us Gaap
• General Ledger
• Tax Research
• Public Sector Accounting
• Tax Returns
• Income Tax
• State Tax
• Accounts Receivable
• Tax Accounting
• Financial Statements
• Internal Controls
• Payroll Taxes
• Quickbooks
• Federal Law
• Auditing
• Cpa
• Bookkeeping
• Tax
• Tax Preparation
• Accounts Payable