Salvatore Colonna
About Salvatore Colonna
Salvatore Colonna is a Tax Reporting Specialist currently employed at UBS in Weehawken, New Jersey. He has a background in tax consulting and accounting, with previous positions at Deloitte, BCB Community Bank, and Prudential Financial.
Work at UBS
Salvatore Colonna currently serves as a Tax Reporting Specialist at UBS, a position he has held since 2021. His role involves managing communications related to updates on various tax forms, including Forms 1099, 1099-R, 1042S, 5498, 5498-ESA, and 990T. Prior to this position, he worked as a Client Tax Reporting Analyst at UBS from 2020 to 2021 for seven months. His experience at UBS is complemented by his earlier roles in tax consulting and reporting.
Experience at Deloitte
Salvatore Colonna worked at Deloitte for a total of five years, holding two key positions. He began as a Tax Consultant from 2015 to 2018 in Parsippany, New Jersey, where he developed foundational skills in tax reporting. He then advanced to the role of Tax Senior from 2018 to 2020, continuing to enhance his expertise in tax matters. His tenure at Deloitte provided him with significant experience in the tax consulting field.
Educational Background
Salvatore Colonna studied at Seton Hall University, where he earned a Bachelor of Business Administration (BBA) with a focus on Accounting. His academic journey spanned from 2011 to 2015, during which he acquired essential knowledge and skills in accounting principles and practices. This educational background laid the groundwork for his career in tax reporting and consulting.
Previous Roles and Internships
Before his current role and his time at Deloitte, Salvatore Colonna gained experience as a Bank Teller at BCB Community Bank from 2014 to 2015 in Bayonne, New Jersey. He also completed a finance internship at Prudential Financial in 2014, where he worked for two months in Newark, New Jersey. Additionally, he briefly worked as a Consultant at UBS in 2011 for one month in Princeton, New Jersey. These positions contributed to his overall understanding of finance and accounting.
Tax Expertise and Responsibilities
Salvatore Colonna possesses expertise in various areas of tax reporting and compliance. He has experience accounting for the Research and Development tax credit under IRC Section 41 and 174. His responsibilities include conducting deep-dive analyses and checks for income, dividend, and interest reconciliations and reclassifications. He has also worked on corporate and partnership tax accounting, specifically regarding the Section 199 tax deduction prior to its removal by tax reform.