The Tax Associate will conduct research and analysis on state and local tax issues while assisting in the preparation of tax returns and filings. They will also support audit defense, draft tax documentation, and utilize specialized tax software to ensure compliance with state taxing authorities.
Requirements overview
Candidates should hold a bachelor's degree in accounting, with a master's degree or J.D. preferred. Proficiency in Microsoft Office and eligibility to sit for the CPA or EA exams are required or highly preferred.
Key skills
Tax researchTax complianceState and local taxTax softwareData analysisCommunication skillsOrganizational skillsMicrosoft office suiteAccounting theoryAudit defenseTax modelingTax memorandumsVoluntary disclosure agreementsCasewareGosystems
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That's how we work with our clients. We take the time to understand their goals, navigate complexity alongside them, and provide the clarity and confidence they need to move forward. Whether facing opportunity, uncertainty, or change, our teams are focused on helping clients achieve what matters most to them.
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Job Summary:
The SALT Associate will be responsible for basic research and analysis of state
and local tax (SALT) issues, along with utilization of tax software in the
completion of basic tax returns and other tax filings and documents. In this
role, the Tax Associate, State and Local Taxation will have the opportunity to
utilize their educational background while working side-by-side with more
experienced Tax members who will provide direction and coaching related a range
of state and local tax laws and resources.
Job Duties:
* Research
* Identifies simple situations when research is necessary providing an
outline of the issue(s) and the appropriate source of research to be
conducted
* Analyzes researched facts and the sources utilized prior to composing a
detailed report of the research findings
* Prepares WTA and tax returns as appropriate
* Tax Compliance
* Participates in the preparation, filing and completion of voluntary
disclosure agreements for sales and use tax; income tax and unclaimed
property
* Drafts tax memorandums, tax opinions and other documentation on various tax
issues
* Assists in the drafting of responses to notices from state taxing
authorities
* Prepares modeling for tax and unclaimed property exposure analysis
* Participates in the audit defense of client returns and tax positions
* Ensures all data needed to comply with filing requirements is obtained and
identifies missing items to need for preparation of assigned tax returns
* Monitors current tax law changes and applies appropriately to the
preparation of assigned tax returns
* Manages collection and retention of all appropriate workpapers for assigned
clients
* Tax Consulting
* Develops, recommends and implements standard tax methods to provide clients
with maximum tax benefits related to current and future tax obligations
* Utilizes online research tools, prior tax returns, interviews with client
personnel and other resources to gather pertinent tax information related
to assigned clients
* Continues building tax knowledge by monitoring relevant tax laws and
educating oneself on firm tax strategies and Tax Planning Ideas (TPIs)
* Tax Related Software
* Utilizes Caseware, GoSystems, tax research databases and other tax-related
software in the completion of assigned tasks
* Tax Specialization
* Develops an in-depth understanding of the technical and practical issues
and opportunities regarding SALT tax benefits
* ASC740-10
* Understands and applies industry standards, along with firm policies and
BDO Tax Quality Manual requirements as they relate to FAS 109 and FIN48, as
well as FAS5 for sales tax and unclaimed properties
* Strategy Development
* Assists in the preparation of studies of tax implications to identify
alternative courses of actions to benefits clients
* Develops an understanding of the impact of a client’s business objectives
as it relates to the client’s tax situation
* Other duties as required
Supervisory Responsibilities:
* N/A
Qualifications, Knowledge, Skills and Abilities:
Education:
* Bachelors degree required; focus in Accounting, preferred
* Masters degree in Accounting/Taxation or J.D., preferred
Experience:
* Prior internship or other work experience within an accounting setting or
public accounting, preferred
License/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, preferred
Software:
* Proficient in the use of Microsoft Office Suite, specifically Word, Excel and
PowerPoint, required
Language:
* N/A
Other Knowledge, Skills & Abilities:
* Excellent verbal and written communication skills
* Strong analytical and basic research skills
* Solid organizational skills especially ability to meet project deadlines with
a focus on details
* Ability to successfully multi-task while working independently or within a
group environment
* Proven ability to work in a deadline-driven environment and handle multiple
projects simultaneously
* Ability to prepare simple tax returns
* Basic knowledge of appropriate application of tax standards to ensure
effective and efficient delivery of tax services
* Basic knowledge of sources of relevant information utilized in tax filings as
well as the most widely-used filing forms and awareness of other less widely
used forms
* Basic knowledge and understanding of cause / effect for taxable conditions on
clients and the potential tax issues
* Basic knowledge of accounting theory, filing methodologies, and frequencies
for sales tax returns
Individual 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 - $120,000
Colorado Range: $78,000 - $120,000
Illinois Range: $80,000 - $100,000
Maryland Range: $85,000 - $100,000
Massachusetts Range: $85,000 - $120,000
Minnesota Range: $72,000 - $100,000
New Jersey Range: $80,000 - $100,000
NYC/Long Island/Westchester Range: $85,000 - $120,000
Ohio Range: $71,000 - $75,000
Virginia Range: $83,000 - $87,000
Washington Range: $78,000 - $120,000
Washington DC Range: $85,000 - $100,000
At BDO, how we show up matters. We build strong relationships by supporting one
another, our clients, and our communities with care, curiosity, and a commitment
to helping one another grow and succeed. Here, you’ll find meaningful work,
leaders invested in your success, and opportunities to build a career around
what matters most to you.
Our purpose is to be the people our clients count on to grow with confidence and
achieve what matters most. Our values guide how we bring that purpose to life
each day. Together, they shape how we work with one another, serve our clients,
and create meaningful impact.
BDO provides assurance, tax, and advisory services to clients across the U.S.
and around the world. No matter your role, you’ll be part of a team helping
clients navigate complexity and move forward with clarity.
We are proud to be an ESOP company, offering participants a stake in the firm’s
success through beneficial ownership and a unique opportunity to enhance their
financial well-being. As a qualified retirement plan, the ESOP is a meaningful
addition to our comprehensive compensation and Total Rewards benefits*
offerings. It also reinforces an ownership mindset that strengthens our
connection to one another, our clients, and the future we’re building together.
Learn more about our benefits: BDO Total Rewards encompass more than traditional
benefits. Click here to find out more
[https://insights.bdo.com/rs/116-EDP-270/images/BDO-Benefits-Brochure.pdf]!
*Benefits may be subject to eligibility requirements.
Equal Opportunity Employer, including disability/vets
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