Tax Consultant

Madison-Davis; New York (NY); On-site; USD 63,000 - 89,000; Full time

Job summary

Madison-Davis, LLC is seeking a seasoned State & Local Tax professional to support multistate tax compliance, planning, accounting, and controversy matters within the banking sector. The role focuses on bank-specific state tax requirements, including income and franchise tax, apportionment, quarterly estimates, tax provisions, returns, and state tax notices.

The ideal candidate has 5+ years of banking tax experience and can independently research complex SALT issues for internal stakeholders.

Qualifications

• 5+ years of banking tax experience.
• Experience with state and local tax compliance.
• Ability to research complex SALT matters.

Responsibilities

• Review state tax estimates, provisions, and tax returns to ensure compliance with applicable state regulations and filing requirements.
• Prepare and/or review quarterly and monthly state tax provisions and estimated tax calculations.
• Review state income tax returns, apportionment information, and supporting documentation.
• Perform annual state tax nexus and apportionment analyses across multiple jurisdictions.
• Monitor state tax return preparation and filing processes and ensure deadlines are met.
• Manage notices and correspondence from state tax authorities, including researching issues, preparing responses, and resolving outstanding matters.
• Monitor state and local tax law developments and assess potential impacts on the organization.
• Conduct research on complex SALT questions and provide guidance on business-specific tax matters.
• Coordinate external tax consulting needs, including sales and use tax and other indirect tax matters.
• Support tax accounting activities, including financial statement tax provisions and external audit inquiries.
• Develop and update tax policies, procedures, and internal controls related to state and local tax compliance.
• Partner with internal teams and external advisors to address audits, refunds, credits, and other state tax matters.

Skills

SALT tax knowledge

Banking tax experience

Job description

Title: Tax Consultant

Office Status: In-Office

Pay Rate: $55

Contract Length: Not specified

About the Role

A financial services organization is seeking a seasoned State & Local Tax professional with deep banking-industry experience to support multistate tax compliance, planning, accounting, and controversy matters. This role will focus heavily on bank-specific state tax requirements, including income and franchise tax, apportionment, quarterly estimates, tax provisions, returns, and state tax notices. The ideal candidate brings 5+ years of banking tax experience and can independently research complex tax matters and provide practical guidance to internal stakeholders.

Responsibilities

• Review state tax estimates, provisions, and tax returns to ensure compliance with applicable state regulations and filing requirements.
• Prepare and/or review quarterly and monthly state tax provisions and estimated tax calculations.
• Review state income tax returns, apportionment information, and supporting documentation.
• Perform annual state tax nexus and apportionment analyses across multiple jurisdictions.
• Monitor state tax return preparation and filing processes and ensure deadlines are met.
• Manage notices and correspondence from state tax authorities, including researching issues, preparing responses, and resolving outstanding matters.
• Monitor state and local tax law developments and assess potential impacts on the organization.
• Conduct research on complex SALT questions and provide guidance on business-specific tax matters.
• Coordinate external tax consulting needs, including sales and use tax and other indirect tax matters.
• Support tax accounting activities, including financial statement tax provisions and external audit inquiries.
• Develop and update tax policies, procedures, and internal controls related to state and local tax compliance.
• Partner with internal teams and external advisors to address audits, refunds, credits, and other state tax matters.