SALT Tax Associate: Research, Compliance & Strategy

BDO USA, LLP; Cleveland (OH); On-site; USD 70,000 - 90,000; Full time

Job summary

BDO USA, LLP's SALT Associate will perform basic research and analysis of state and local tax issues, and use tax software to prepare basic returns and tax filings while learning from experienced Tax professionals.

You will assist in research, compliance and consulting tasks, develop tax knowledge, and contribute to client documents, reports and summaries under supervision. The role emphasizes multi-state SALT planning, tax software usage, and professional development within a collaborative team.

Qualifications

• Bachelor's degree in Accounting required; focus in Accounting preferred.
• Master's degree in Accounting/Taxation or J.D., preferred.

Responsibilities

• 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
• 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
• 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)
• 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
• 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
• Prepares simple tax returns
• Proficient in the use of Microsoft Office Suite, specifically Word, Excel and PowerPoint, required

Skills

Communication skills

Analytical skills

Research skills

Multitasking

Deadline-driven

Education

Bachelor's degree in Accounting

Master's in Accounting/Taxation or J.D.

Tools

MS Office

Word

Excel

PowerPoint

Job description

BDO USA, LLP's SALT Associate will perform basic research and analysis of state and local tax issues, and use tax software to prepare basic returns and tax filings while learning from experienced Tax professionals.

You will assist in research, compliance and consulting tasks, develop tax knowledge, and contribute to client documents, reports and summaries under supervision. The role emphasizes multi-state SALT planning, tax software usage, and professional development within a collaborative team.