Tax Accountant, Internal Tax Team - State Direct Tax
Deloitte is a leading professional services firm, and they are seeking a Tax Accountant for their Internal Tax Team. The role involves calculating state apportionment factors, preparing tax returns, and participating in tax compliance processes for the Deloitte US Firms.
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
- 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 sponsorship may be available
- Advanced degree
- 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