Tax Accountant

Tax Accountant Overview

• The Tax Accountant role involves preparing individual and fiduciary tax returns, ensuring compliance with regulations and accuracy in financial reporting.
• Collaborate with a dynamic team in a hybrid work environment, balancing remote flexibility with on-site engagement.
• Engage with diverse clients, providing tailored tax solutions and identifying strategic planning opportunities.
• Utilize advanced tax and accounting software to streamline processes and enhance efficiency.
• Contribute to the preparation of compiled financial statements, ensuring proper documentation and compliance.
• Develop expertise in tax planning strategies, supporting leadership in decision-making processes.
• Manage multiple engagements effectively, meeting deadlines during peak tax seasons.
• Benefit from professional growth opportunities in a supportive and collaborative environment.

Tax Accountant Key Responsibilities & Duties

• Prepare and review individual tax returns (Forms 1040) and fiduciary tax returns (Forms 1041).
• Ensure compliance with year-end reporting by preparing and filing 1099s.
• Analyze client financial data to ensure accurate reporting and compliance.
• Perform bookkeeping tasks, including bank reconciliations and general ledger cleanup.
• Assist in monthly and quarterly close processes for small business clients.
• Prepare compiled financial statements, ensuring proper documentation and formatting.
• Coordinate with senior accountants and managers to address tax and accounting matters.
• Communicate effectively with clients to request documentation and resolve discrepancies.

Tax Accountant Job Requirements

• Bachelor of Science (BS) degree in Accounting or a related field.
• Minimum of 3 years of experience in public accounting or tax preparation; 8 years preferred.
• Proficiency in tax software such as UltraTax or ProSystem fx and accounting software like QuickBooks.
• Strong expertise in preparing 1040 and 1041 tax returns and 1099 reporting requirements.
• Working knowledge of bookkeeping and general ledger accounting practices.
• Exposure to financial statement compilations is preferred but not required.
• Excellent attention to detail, organizational skills, and ability to meet deadlines.
• Strong communication skills to interact effectively with clients and team members.