Responsibilities:

Tax Specialists handle various aspects of tax planning, compliance, and advisory for individuals and businesses. Their responsibilities typically include:

1. Tax Compliance

• Preparing and filing federal, state, and local tax returns.
• Ensuring compliance with tax regulations and deadlines.
• Reviewing financial statements to determine tax liabilities.

2. Tax Planning

• Developing strategies to minimize tax liabilities.
• Advising on tax-efficient investments and financial structures.
• Analyzing potential tax implications of business transactions.

3. Advisory Services

• Consulting with clients on tax law changes and their implications.
• Representing clients during audits and disputes with tax authorities.
• Providing guidance on estate and gift tax planning.

4. Research and Reporting

• Staying updated on changes in tax laws and regulations.
• Conducting tax research and preparing technical memos or reports.
• Reviewing and interpreting tax documents for accuracy.

Requirements:

Employers typically seek candidates with the following qualifications:

1. Educational Background

• Bachelor’s degree in accounting, finance, or a related field.
• A master’s degree in taxation (preferred by some firms).

2. Certifications

• Certified Public Accountant (CPA) designation (often required).
• Enrolled Agent (EA) credential or other tax-related certifications.

3. Technical Skills

• Proficiency in tax software like QuickBooks, Drake, or Lacerte.
• Strong understanding of tax codes, regulations, and compliance requirements.
• Analytical and problem-solving skills.

4. Soft Skills

• Excellent written and verbal communication abilities.
• Attention to detail and organizational skills.
• Ability to work under tight deadlines and manage multiple clients.

Offers:

Tax Specialist positions often come with attractive benefits, such as:

1. Financial Compensation

• Competitive salary based on experience and location.
• Performance-based bonuses or incentives.

2. Benefits

• Health, dental, and vision insurance.
• Retirement plans (e.g., 401(k) with matching contributions).
• Paid time off (PTO) and holidays.

3. Professional Development

• Opportunities for training and certifications (e.g., CPA exam reimbursement).
• Access to professional networks and continuing education.

4. Work Environment

• Flexible work schedules or hybrid/remote work options.
• Collaborative team culture with mentorship opportunities.

5. Career Growth

• Pathway to leadership roles, such as Tax Manager or Partner.
• Exposure to diverse industries and complex tax scenarios.

For detailed job descriptions or to explore opportunities, check specific post from Kharel CPA & Co. LLC is advisable.