Tax Internship Job Description
Tax internship
provides superior Word, Excel and PowerPoint skills, ideally experienced with BI and Advanced Analytics platforms such as Microsoft BI.
Tax Internship Duties & Responsibilities
To write an effective tax internship job description, begin by listing detailed duties, responsibilities and expectations. We have included tax internship job description templates that you can modify and use.
Sample responsibilities for this position include:
The Tax Intern will also be trained to prepare the federal and state tax returns for the funds (utilizing the ATX tax software)
The Tax Intern will also gain exposure to the different tax adjustments impacting funds, based on their asset type (for example, domestic equities, foreign equities, tax exempt funds)
Assist with property tax and sales/use filings
Perform tax research and technical analysis
Gather data as needed to respond to notices and audits
Assist with K-1 preparation, distribution and other tax compliance requirements for 120+ Private Equity Partnerships
Assist the Internal Corporate Tax Department with the preparation of tax calculations and associated working papers for the US Corporate Provision and Federal/State Tax Returns
Assist with research and preparation of state tax apportionment calculations for both US corporate and partnership entities
Assist in the preparation and filing of returns for Personal Property, Sales & Use, VAT, Unclaimed Property, Tax-exempt Organizations and other regulatory filings that the Company is subject to
Assist with corporate tax projects
Tax Internship Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Tax Internship
List any licenses or certifications required by the position: KPMG
Education for Tax Internship
Typically a job would require a certain level of education.
Employers hiring for the tax internship job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and Master's Degree in Accounting, Finance, Business, Communication, Taxation, Economics, Business/Administration, Graduate, MBA, Leadership
Skills for Tax Internship
Desired skills for tax internship include:
MS Excel and Word
Excel and Microsoft Word
Excel
General accounting concepts
Microsoft Excel
Accounting is a big advantage
Basic technical tax requirements
English
English language with the ability to speak
Microcomputer applications
Desired experience for tax internship includes:
Accounting major and basic college tax course is required
Preference for students who will be entering their Junior or Senior year of college
Enrolled in a 4 year accounting / finance degree program
Accounting or finance major, with a minimum GPA of 3.2
Ability to work independently, manage priorities and meet specific deadlines
Strong attention to detail, accuracy and reliability with a drive for continuous improvement
Tax Internship Examples
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Tax Internship Job Description
Job Description Example
Our company is growing rapidly and is looking for a tax internship. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for tax internship
- Analysis and preparation of scenarios in Excel to provide tax estimates
- Participate in our intern orientation, technical training and development program designed to give you the tools needed to immediately contribute to client engagements
- Research and draft technical memoranda to support tax return reporting positions, responses to IRS Information Document Requests and Notices of Proposed Adjustments, Protests of Proposed Examination Changes, Private Letter Ruling requests, and penalty abatement requests
- Assist with client representation at IRS Examination, Appeals, and Collections
- Preparation of Income Tax Returns and Information Reports
- Draft internal correspondence on topical tax law issues
- Negotiate voluntary disclosures for delinquent unclaimed property reports and tax returns
- Conduct due diligence to identify tax exposure for various transactions
- Work on all aspects of an audit including cash, bank reconciliations, auditing accounts payable, performing searches for unrecorded liabilities, maintaining confirmation logs and preparing audit work papers
- Responsible for assisting in areas of Audits, Reviews, Compilations and Accounting services
Qualifications for tax internship
- Preparing international tax filings for controlled foreign corporations and passive foreign investment companies
- Compiling informational reporting for transfers to foreign partnerships and corporations
- Analyzing tax data, including working with pivot tables, charts and graphs
- Researching tax matters using a variety of technologies including RIA Checkpoint, BNA, and Lexis
- Writing memorandums to document tax positions
- Responding to communications from federal, state, and local taxing authorities
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Tax Internship Job Description
Job Description Example
Our company is looking to fill the role of tax internship. Thank you in advance for taking a look at the list of responsibilities and qualifications. We look forward to reviewing your resume.
Responsibilities for tax internship
- Assist team with daily client workflow
- Work on a variety of client deliverable including preparation of tax returns, including Individuals, Partnerships and Corporate tax returns
- Work on all aspects of an audit including preparation of financial statements, work papers, performing lease testing, payroll testing, cash disbursement testing, auditing accounts payable, performing searches for unrecorded liabilities, maintaining confirmation logs and preparing audit work papers
- Be an integral member of our engagements
- Help our clients to maximize value by identifying and implementing comprehensive tax strategies for international corporate taxes
- Participate in the implementation of effective international tax structures and strategies for multinational groups who benefit from the advantages of the Luxembourg tax system
- Develop your technical knowledge by helping to prepare tax returns for our national and international clients
- Work closely with our experienced consultants and have extensive contact with colleagues worldwide
- Develop awareness of budget constraints vs
- Assist in the modification and creation of macros written in Visual Basic for Applications across all Microsoft Office products
Qualifications for tax internship
- Compiling and analyzing external source K-1 information
- Assisting with special projects such as foreign tax tracking and audit support
- Bachelor of Accountancy with a minimum GPA of 3.0
- Master of Accountancy preferred
- Pursuit of CPA license preferred
- Available to work 40 hours per week for a minimum of 10 weeks during the summer, beginning no later than June 1st
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Tax Internship Job Description
Job Description Example
Our growing company is hiring for a tax internship. Thank you in advance for taking a look at the list of responsibilities and qualifications. We look forward to reviewing your resume.
Responsibilities for tax internship
- Assist in the creation and execution of test plans for a variety of applications including, but not limited to Microsoft Access, Business Objects and Microsoft SharePoint
- Assist in data analysis and input into various software applications
- Assist in the support of quarter-end and year-end Income Tax reporting processes as needed
- Provide support for other Tax groups as needed
- Preparation of transaction step plans in PowerPoint
- Preparation of various memos and documents to memorialize and initiate transactions
- Tax research and writing
- Support of the tax reporting and tax accounting teams within Tax
- In conjunction with team directives, implement solutions for clients
- Serve as an ambassador to university/college
Qualifications for tax internship
- Preparing corporate, partnership, and not-for-profit income tax filings
- Preparing state and local franchise and property tax filings
- Flexibility for location or event-based hours, which may include nights and weekends
- Have the willingness and ability to travel as needed for client projects
- Undergraduate degree in finance or accounting preferred
- Minimum overall and major GPA of 3.0, pursuing an undergraduate or master’s degree in Accounting
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Tax Internship Job Description
Job Description Example
Our innovative and growing company is hiring for a tax internship. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for tax internship
- In tax authorities' summons and other communication with the tax authorities
- Preparation of the tax forms required by the tax law
- Collecting the documents supporting tax deductibility of the costs
- Assistance in respect to obtaining certificates of tax residency
- Conducting researches on the tax matters
- Support in case of Business Controls and internal audits
- General accounting activities, including month-end close support and account analysis, inventory and fixed assets accounting
- Capital and maintenance project support, working with analysts, operations management, maintenance and project engineers\
- External financial reporting, internal management reporting and analysis
- Financial assurance, including evaluating the design and effectiveness of internal financial controls
Qualifications for tax internship
- Leadership positions in extracurricular activities looked favorably upon, working part-time to supplement your college education
- Working towards CPA eligibility in the state in which you will work, working towards a Masters Degree in Accounting/Taxation preferred
- Successful completion of Accounting Principles I & II and Intermediate I prior to start of internship
- Interns require working towards a Bachelors and/or Masters Degree in Accounting, excellent communication skills, computer skills and a desire to learn
- Interns need to have successfully completed Principles I & II and at a minimum be enrolled in Intermediate I
- Junior or Senior level student at a University, currently pursuing a degree in Accounting
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Tax Internship Job Description
Job Description Example
Our innovative and growing company is hiring for a tax internship. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.
Responsibilities for tax internship
- Data analytics, supporting audit teams and leveraging innovative technology to improve decision making
- IT audits, including evaluating the design and operating effectiveness of IT processes and controls
- Exposure to a variety of projects across Domestic and International tax disciplines – income, credits & incentives and indirect tax
- Develop knowledge and gain experience in how a Corporate Tax Department functions with exposure to the various issues and positions it manages, and how risk is managed and value is created for the business
- Managing cash activity and investing, optimizing GP’s debt portfolio, issuing new financing instruments (bonds, commercial paper, bank debt, ), creating economic models, working with banks and rating agencies, managing business & insurance risk and negotiating real estate transactions
- Gathering and analyzing data that enables organizational change, helps define business needs, ensures the use of the Decision Making Framework and drives the prioritization/solution to business problems
- Over the course of the internship, the intern will have an opportunity to work on various tax programs and systems and gain knowledge of those systems from the HVA staff
- Assist compliance team in filing the federal and state tax returns
- Exposure to different aspects of taxation - domestic tax, state taxes and international tax (including indirect taxes, audit management, corporate structuring, among other areas)
- Support the team in identifying the correct VAT treatment of transactions purchases and sales requirements
Qualifications for tax internship
- Must be enrolled full time at an accredited college/university
- Must be pursuing the 150 specific credits needed to become CPA eligible
- Interest in pursuing a career in public accounting
- Be CPA exam eligible upon graduation (150 semester units)
- Good PC skills, including accounting software and Microsoft Office
- Analysis and preparation of the U.S. Federal and State income tax returns