Job Description

Job Description

This position is for a full-time tax accountant responsible for tax preparation for individuals and bookkeeping for small businesses. The position requires the ability to interact with staff and clients in a fast-paced environment while under pressure, remaining flexible, resourceful, and efficient.

Our company focuses on tax and financial planning for individuals and small businesses. We promote a nurturing environment where educational opportunities and advancement are encouraged.

Hours will generally be Monday through Friday 9 am to 5 pm with the opportunity for overtime especially during tax season. During tax season (February - April) one weekend day (Saturday or Sunday) will be required in addition to the usual work week.

Responsibilities:

• Compute federal, state, and local taxes owed by following the tax code.
• Prepare intermediate to advanced income tax returns for individuals (1040), small businesses (1120, 1120s, 1065), estates and trusts (1041) including multi-state tax returns.
• Ensure a copy of the completed tax return is provided to the client.
• Uncover potential deductions and credits and ensure clients do not pay unnecessary taxes.
• Advise against potential tax liabilities and resolve client inquiries.
• Review financial records such as income statements and documentation of expenditures.
• Interview clients to get a thorough picture of financial situation.
• Research complex tax issues and communicate findings effectively.
• Record financial transactions and complete the posting process for bookkeeping.
• Analyze bank statements and supporting documentation to create Profit and Loss statements for small businesses.
• Process all entries for multiple payrolls including collecting data, deduction changes, W4 changes, new hires, and additional payments.
• Prepare quarterly payroll returns and calculate quarterly payroll tax deposits and make payments utilizing EFTPS and NYS Online Services.
• Calculate sales tax liability and complete sales tax returns.
• Assist financial advisor with matters related to educational financial planning including reviewing and analyzing client's income and assets.
• Correspond and communicate with various tax authorities (IRS and states), and review and respond to notices or audits.

Qualifications:

• Bachelor's degree in Accounting or Finance or related field
• Master's degree in Accounting or Taxation (preferred but not required)
• EA or CPA, or EA or CPA in progress (preferred but not required)
• 2+ years of recent full-time tax preparation experience including experience in payroll and sales tax returns or relevant internship experience.
• Strong background in preparing multi-state individual tax returns
• Knowledge of Quickbooks or Drake Accounting a plus
• Knowledge of ProSeries a plus
• Self-sufficient while working in a team setting
• Interpersonal skills
• Strong written and verbal communication
• Organizational skills
• Microsoft Office including Excel proficient
• Flexible schedule during busy seasons
• Professional attitude and demeanor
• Ability to multitask in a fast paced, client oriented environment

Compensation:

• Wages commensurate with experience and qualification
• Opportunity for paid overtime and upward advancement

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