Tax Internship

Wei, Wei & Co., LLP; New York (NY); On-site; USD 17,047 - 24,280; Part time

Job summary

A local accounting firm seeks a Tax Intern to provide support in various taxation duties under professional guidance. Responsibilities include preparing finalized reports and assisting with tax returns for federal and state entities. Ideal candidates are seniors or recent graduates pursuing an Accounting Bachelor's degree, proficient in Chinese/Mandarin. The internship lasts 90 days, allowing for an extension, with a pay of $15/hour. Experience will enhance understanding of the accounting profession and client interactions.

Qualifications

• Senior or recent graduate in an Accounting Bachelor's degree program.
• Ability to communicate effectively with clients.

Responsibilities

• Prepare Finalized Reports including financial statements.
• Assist in preparing various tax returns for different entities.
• Gain exposure to various accounting and tax preparation software.

Skills

Chinese/Mandarin

Communication

Education

Accounting Bachelor's degree

Job description

Tax Internship

Department: Tax

Employment Type: Internship

Location: Flushing, NY (Headquarters)

Reporting To: Staff Accountant/Senior/Manager

Compensation: $16.50 / hour

Description

Under the direct supervision of the Staff Accountants/Senior Accountants, this position provides support with the basic duties and responsibilities of an Intern, as noted below.

• Duration: 90-Day Internship Program
  • Extension of the internship is possible for an additional 3 months (maximum 6 months combined)
• Education: At a minimum, a senior or recent graduate via an Accounting Bachelor's degree program from an accredited university in the United States
• Language: Chinese/Mandarin preferred
• Location: 133-10 39th Avenue, Flushing NY 11354.
• Pay/Salary: Paid full-time internship ($15/hr)

Key Responsibilities

• Prepare Finalized Reports (inclusive of financial statements and other working papers), as needed
• Coordinate scheduling and a variety of communications with clients
• Assist with and learn how to prepare various tax returns for federal, state, and local entities
• Assist with the preparation of tax extensions, notices, and examinations/research for clients
• Assist with the review process of completed reports (formatting inconsistencies, templates, overall content, etc.)
• Assist with planning and performing financial and compliance audits in accordance with the appropriate
• Gain exposure to various accounting/tax preparation and filing software
• Shadow other staff/senior accountants to gain understanding and further exposure to a tax accountant's responsibilities
• Other jobs/duties, including administrative responsibilities, assigned by the tax Staff team

Terms of this Internship

• This is a paid hourly internship ($15/hour)
• Duration will be for approximately 90 days and will be from Monday-Friday (approx. 35-40 hours per week)
  • An extension of the internship for an additional 3 months is possible.
• You shall come appropriately dressed, business casual, and remain professional to all colleagues/peers and incoming visitors.
• A job is not guaranteed upon completion of the internship/training or completion of the intern’s schooling

Learning Objectives

• Gain insight into professionalism within a CPA firm and working with clients (through the shadow program)
• Develop an understanding of the various software the firm (and other firms in the industry) uses.
• Gain a further understanding of the tax preparation and filing cycle
• Learn the process of documenting tax-related work performed throughout, and upon completion and wrap-up phase of the tax filing.
• Develop a skill set for gathering questions and asking appropriate personnel for assistance.
• Develop skills required to interact with other professionals at varying levels for example partners, managers, senior associates, staff, and office staff.
• Understand how a firm trains its personnel and how training enhances work requirements.