Tax Accountant, Internal Tax Team - State Direct Tax
Deloitte is a leading professional services firm, and they are seeking a Tax Accountant to join their internal US Firms Tax team. The role involves calculating state apportionment factors, preparing tax returns, and participating in the transformation of processes and technology within the tax domain.
Responsibilities
- Prepare schedules and working papers for state and local income tax returns, including certain partner-related information
- Prepare state and local income tax returns, including composite nonresident income tax returns and withholding tax returns
- Assist in the production of state-specific reporting for the annual partner Forms K-1 packages
- Perform tax research as necessary regarding state tax issues affecting the US Firms
- Calculate required estimated state tax and extension payments
- Assist with state and local tax audits and correspond with authorities regarding audit issues and/or tax notices
- Prepare selected general ledger accounts monthly for appropriateness of state tax accruals
- Assisting with workflow management
- Assist with the annual partner state tax elections process and the collection of nonresident non-joiner affidavits, review per partner withholding, PET, and composite tax calculations
- Assist with partner questions regarding state or local tax matters related to their Form K-1 information and withholdings
- Assist with implementation of any state or local tax-related legislation
- Make recommendations on business and process improvements related to US Firms tax matters
Skills
- Bachelor's degree in Accounting/Taxation for Tax Accountant
- Minimum of 1 year of relevant experience in a professional services firm
- Knowledge of state partnership tax compliance concepts
- Proficient in Excel
- Ability to travel 0-15%, on average, based on the work you do and the clients and industries/sectors you serve
- Limited immigration sponsorship may be available
- Advanced degree
- Excellent communication skills
- Eligible for CPA, Enrolled Agent, or other relevant certification
- Some experience with ONESOURCE Income Tax
- Some experience with SAP or other financial systems
- Basic understanding of state partnership tax research and tax planning
- Basic understanding of tax forecasting/planning
- Basic understanding of partner level income allocations
Benefits
- Discretionary annual incentive program
Company Overview
Company H1B Sponsorship