Tax Associate

Tax Associate, Core Tax ServicesThe Tax Associate, Core Tax Services is responsible for utilizing their educational background as well as communication and organizational skills by assisting with the preparation of tax returns and research. In this role, the Tax Associate, Core Tax Services will be charged with utilizing basic research skills and working with tax software applications to complete simple tax returns for review.Job DutiesTax 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 possibleEnsures all data needed to comply with filing requirements are collected; identifies and properly communicates missing items to prepare returnUtilizes Firm compliance software to maximize efficiency in tax prep processEffectively teams with Senior on completion of project (follow-up with Open items listDocuments all significant tax positionsASC 740 (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 48Assists 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 taxesApplies knowledge of home state corporate, partnership and individual tax structure and filing requirements in completing assigned workEffectively drafts clear and concise general memorandums and correspondenceIdentifies potentially relevant tax issues or opportunities as part of the tax compliance processOther duties as requiredSupervisory Responsibilities:N/AQualifications, Knowledge, Skills and AbilitiesEducation:Bachelor's degree in accounting, Finance, Economics or Statistics OR Bachelor's degree in other focus area and CPA certification required (or Authorization to Test for the CPA exam, or equivalent documentation, prior to start date in your state of employment), requiredMaster's 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, preferredLanguage:N/AOther 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: $85,000 - $90,000 Colorado Range: $73,000 - $77,000 Illinois Range: $78,000 - $82,000 Maryland Range: $83,000 - $87,000 Massachusetts Range: $83,000 - $87,000 Minnesota Range: $70,000 - $74,000 New Jersey Range: $78,000 - $82,000 NYC/Long Island/Westchester Range: $83,000 - $87,000 Ohio Range: $71,000 - $75,000 Virginia Range: $83,000 - $87,000 Washington Range: $78,000 - $80,000 Washington DC Range: $83,000 - $87,000