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Trainee - Business Tax

0 - 2 years

0 - 2 Lacs

Mumbai Maharashtra India

Posted:1 week ago| Platform: Foundit logo

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Skills Required

Tax Compliance Tax Planning Tax Audits Record Keeping

Work Mode

On-site

Job Type

Full Time

Job Description

Roles and Responsibilities:

  • Tax Compliance

    : Prepare, review, and submit accurate tax returns and reports, including income tax, sales tax, payroll tax, and other applicable taxes. Ensure all tax filings are completed within the specified deadlines.

  • Tax Planning

    : Analyze financial data and business activities to develop tax planning strategies that legally minimize the organization's or clients tax liabilities. Advise on tax-saving opportunities and potential risks.

  • Research and Interpretation

    : Stay updated with the latest tax laws, regulations, and rulings. Conduct research to interpret and apply tax rules appropriately for the organization or clients.

  • Tax Audits and Assessments

    : Represent the organization or clients during tax audits and assessments by tax authorities. Prepare and present relevant documentation to support tax positions and resolve any issues that may arise.

  • Record Keeping

    : Maintain accurate and organized tax records, documentation, and supporting materials in accordance with regulatory requirements.

  • Collaboration

    : Collaborate with finance, accounting, legal, and other departments to gather financial information and ensure accurate tax reporting.

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