Job Description

A US Tax Associate is a professional who specializes in US tax laws and regulations, primarily assisting individuals, partnerships, and businesses with their tax planning, preparation, and compliance.


Hiring Location - Nashik - Maharashtra

Responsibilities and duties

Prepare and review tax returns for individuals, corporations, and other entities, ensuring accuracy and compliance with federal, state, and local tax regulations. Conduct tax research to resolve complex tax issues, interpret tax laws and regulations, and provide informed guidance to clients and supervisors. Assist in tax planning and advisory services, identifying potential deductions, credits, and tax-saving opportunities to minimize tax liabilities for clients. Maintain accurate and organized financial records, including client information, supporting documents, and tax-related filings. Communicate effectively with clients and team members, explaining complex tax concepts clearly, gathering necessary information, and addressing inquiries. Stay updated on changes in tax laws and regulations to ensure compliance and provide up-to-date advice.

Requirements and qualifications

Education: Typically, a bachelor's degree in accounting, Finance, or a related field OR a master's degree in taxation or a related field. Experience: Often requires at least 1-2 years of experience in tax preparation or a related field. Proficiency in Tax Software: Experience with industry-standard tax preparation and filing software is essential. Examples include CCH Axcess, ProSystem fx Tax, Drake Tax, Lacerte, and UltraTax CS. Strong Analytical and Problem-Solving Skills: The ability to interpret financial data, identify issues, and develop effective solutions is crucial. Attention to Detail and Accuracy: Meticulousness in reviewing documents and calculations is critical to avoid errors and ensure compliance. Strong Communication and Interpersonal Skills: Being able to clearly explain complex tax concepts and build relationships with clients and colleagues is essential. Time Management and Organizational Skills: The ability to prioritize tasks, meet deadlines, and maintain organized records is vital, especially during busy periods like tax season. In-Depth Knowledge of Tax Laws: A comprehensive understanding of the US tax code, including federal, state, and local tax laws, is paramount.

Additional

helpful skills and traits


Technological Adaptability: Comfort with new tax technologies, data analytics, and digital tools for streamlined processes. Ethical Standards and Professional Integrity: Adherence to a strict code of ethics is crucial in handling sensitive financial information. * Client Service Orientation: Building strong client relationships is a key aspect of the role, requiring empathy and dedication to client satisfaction.