US - Tax Associates

Responsibilities And Duties

• Prepare and review tax returns for individuals, corporations, and other entities, ensuring accuracy and compliance with federal, state, and local tax regulations.
• Conduct tax research to resolve complex tax issues, interpret tax laws and regulations, and provide informed guidance to clients and supervisors.
• Assist in tax planning and advisory services, identifying potential deductions, credits, and tax-saving opportunities to minimize tax liabilities for clients.
• Maintain accurate and organized financial records, including client information, supporting documents, and tax-related filings.
• Communicate effectively with clients and team members, explaining complex tax concepts clearly, gathering necessary information, and addressing inquiries.
• Stay updated on changes in tax laws and regulations to ensure compliance and provide up-to-date advice.
  

Requirements And Qualifications

• Education: Typically, a bachelor's degree in accounting, Finance, or a related field OR a master's degree in taxation or a related field.
• Experience: Often requires at least 1-2 years of experience in tax preparation or a related field.
• Proficiency in Tax Software: Experience with industry-standard tax preparation and filing software is essential. Examples include CCH Axcess, ProSystem fx Tax, Drake Tax, Lacerte, and UltraTax CS.
• Strong Analytical and Problem-Solving Skills: The ability to interpret financial data, identify issues, and develop effective solutions is crucial.
• Attention to Detail and Accuracy: Meticulousness in reviewing documents and calculations is critical to avoid errors and ensure compliance.
• Strong Communication and Interpersonal Skills: Being able to clearly explain complex tax concepts and build relationships with clients and colleagues is essential.
• Time Management and Organizational Skills: The ability to prioritize tasks, meet deadlines, and maintain organized records is vital, especially during busy periods like tax season.
• In-Depth Knowledge of Tax Laws: A comprehensive understanding of the US tax code, including federal, state, and local tax laws, is paramount.
  

Additional Helpful Skills And Traits

• Technological Adaptability: Comfort with new tax technologies, data analytics, and digital tools for streamlined processes.
• Ethical Standards and Professional Integrity: Adherence to a strict code of ethics is crucial in handling sensitive financial information.
• Client Service Orientation: Building strong client relationships is a key aspect of the role, requiring empathy and dedication to client satisfaction.