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Tax Intern - Summer 2027

$30 per hour

Illinois Tool Works, Inc.

Paid Tax Compliance Internship

ITW's "80/20" front-to-back business model, along with our entrepreneurial culture, will provide you with the opportunity to work in an organization that is committed to innovation and creativity. Our program gives interns the chance to collaborate with their teams and participate in exciting, enterprise-wide projects. Some of our intern engagement highlights include intern kickoff events, professional workshops, lunch & learns, volunteering during ITW's Day of Action, networking, and more.

ITW's Tax internship program provides exposure to the challenging aspects of either Domestic or International Taxation. Interns are encouraged to think and act like entrepreneurs and are provided responsibility and autonomy to take ownership of projects and complete assigned tasks. As an intern, you will gain substantial personal learning and career development opportunities through ownership of real-world job assignments, strong coaching and mentorship, and networking with senior leaders across the enterprise.

ITW's Tax Compliance Internship Program offers meaningful and hands-on experience designed to develop the skills of our interns under the mentorship of experienced tax professionals. Throughout the internship, interns will receive comprehensive internal training and gain exposure to various tax systems and processes. Interns will be involved in the preparation of federal and state tax compliance filings, assist with transfer pricing documentation, and work on real-world projects that directly contribute to our team's goal of successful return filings. Interns will develop a deep understanding of tax regulations and best practices while collaborating with professionals in a dynamic, supportive environment. This summer internship not only provides marketable experience and practical knowledge but also introduces interns to our company's unique approach to business. Exceptional performance during the internship may lead to a full-time employment offer upon graduation.

Position Summary

ITW's Tax Compliance Internship Program offers meaningful and hands-on experience designed to develop the skills of our interns under the mentorship of experienced tax professionals. Throughout the internship, interns will receive comprehensive internal training and gain exposure to various tax systems and processes. Interns will be involved in the preparation of federal and state tax compliance filings, assist with transfer pricing documentation, and work on real-world projects that directly contribute to our team's goal of successful return filings. Interns will develop a deep understanding of tax regulations and best practices while collaborating with professionals in a dynamic, supportive environment. This summer internship not only provides marketable experience and practical knowledge but also introduces interns to our company's unique approach to business. Exceptional performance during the internship may lead to a full-time employment offer upon graduation.

Requirements

  • Full-time work schedule (40hrs / week)
  • Position is in-person at ITW's corporate campus in Glenview, Illinois
  • Work within a cross-functional tax department, with a core focus on corporate tax compliance. Assignments will include working on analysis, preparing federal forms 1120, 8858, 5471 and various state income tax returns.
  • Support state team in the estimated tax payment process by preparing calculations and related payment requisition forms.
  • Assist with special projects, including tax planning transactions and transfer pricing documentation.
  • The internship is an hourly position that pays at a rate of $30/hour

Qualifications

  • Pursuing a bachelor's or master's degree in accounting, finance, or taxation
  • Demonstrated academic success
  • Strong verbal and written communication skills
  • Ability to multi-task and prioritize
  • Strong organizational skills
  • Ability to analyze and manage complex information and data
  • Attention to detail and self-review
  • Work independently and in a team environment
  • Computer proficiency with MS Office, AI, and Alteryx experience a plus

*ITW Tax Department is not currently hiring individuals for this position who now or in the future require sponsorship for employment visa status.

Compensation Information:

The hourly rate for this position is $30.00

ITW is an equal opportunity employer. We value our colleagues' unique perspectives, experiences and ideas and create workplaces where everyone can develop their careers and perform to their full potential.

As an equal employment opportunity employer, ITW is committed to equal employment opportunity and fair treatment for employees, beginning with the hiring process and continuing through all aspects of the employment relationship.

All qualified applicants will receive consideration for employment without regard to race, color, sex, gender identity, sexual orientation, religion, national origin, age, disability, protected Veteran status or any other characteristic protected by applicable federal, state, or local laws.

Illinois Tool Works, Inc.
Vacancy posted 2 days ago
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