Job Summary:A Core Tax Services Associate is responsible for utilizing his or her educational background as well as communication and organizational skills by assisting with the preparation of tax returns and research. In this role, the Core Tax Services Associate will be charged with utilizing basic research skills and working with tax software applications to complete simple tax returns for review.Job Duties:Tax ComplianceEnsures both that (a) clients comply with all applicable authorities, while at the same time minimizing their tax and reporting burdens, and (b) self and client service teams comply with all Firm policies, standards, and the BDO Tax Quality Manual ("TQM").Applies understanding of client's unique set of circumstances, documentation, and/or other requirements mandated by law and prepares required filings (tax returns) using a system of review and documentation to ensure that the client is in full compliance, while keeping the client's tax and reporting burden's as low as possible;Ensures all data needed to comply with filing requirements are collected; identifies and properly communicates missing items to prepare return;Utilizes Firm compliance software to maximize efficiency in tax prep processEffectively teams with Senior on completion of project (follow-up with Open items list;Documents all significant tax positionsASC 740-10 (FAS 109 and FIN 48) Tax AccrualsCorrectly and proactively applies Firm policies, standards, and the BDO Tax Quality Manual (TQM) regarding FAS 109 and FIN 48.Assists with prep and/or review of income tax provisionsTax ConsultingAssists with developing, recommending, and implementing efficient and effective methods to maximize client benefits, especially by decreasing clients' current and future taxes.Applies knowledge of home state corporate, partnership and individual tax structure and filing requirements in completing assigned work;Effectively drafts clear and concise general memorandums and correspondence;Identifies potential relevant tax issues or opportunities as part of the tax compliance process.Other duties as required
Qualifications, Knowledge, Skills and Abilities:Education:Bachelors degree in Accounting, Finance, Economics or Statistics required OR Bachelor's degree in other focus area and CPA certification requiredMasters in Accountancy or Taxation preferredExperience:Leadership experience preferredAccounting based internship preferredLicense/Certifications:Eligible to sit for the CPA exams; progress towards admission to practice in a U.S. jurisdiction; progress towards Internal Revenue Service Enrolled Agent ("EA") (or progress towards the equivalent of one of these designations) upon starting employment preferredSoftware:Proficient with the Microsoft Office Suite preferredOther Preferred Knowledge, Skills & Abilities:Strong written and verbal communication skillsAbility to follow instructions as directedAbility to work effectively in a team settingTakes appropriate actions without being askedSeeks advice of appropriate superiors regarding issues related to complianceAbility to prepare simple tax returnsIndividual salaries that are offered to a candidate are determined after consideration of numerous factors including but not limited to the candidate's qualifications, experience, skills, and geography.California Range: $65,000 - $82,000Colorado Range: $56,000 - $66,000New York City/ Valhalla Range: $72,000 - $78,000Washington Range: $65,000 - $82,000
All qualified applicants will receive consideration for employment without regard to race, age, color, religion, sex, national origin, disability, protected veteran status, or any other classification protected by law.