Tax Associate, International Tax Services
The Tax Associate, International Tax Services will begin to utilize their educational background and organizational skills while taking direction from other, more experienced team members as they assist in consulting with clients on cross-border tax matters. Responsibilities will include utilizing tax research skills to provide international tax advice and working with tax software applications to assist clients with tax reporting obligations for international operations.
Job Duties
Develops, recommends, and implements critical thinking to provide clients with tax advice on international tax issues
Gains exposure to the development of work plans for all assigned clientsLearns about international tax law relevant to particular clients and how that law can be appropriately applied to client factsMonitors tax law and client factual developments on a daily basisCoordinates with BDO non-US colleagues in approximately 160 countries on how US tax rules align with foreign tax law to impact client transactionsTax SpecializationBegins to develop an in-depth understanding of the technical and practical issues and opportunities regarding International taxation and explores specializing in one or more international tax areas
ResearchIdentifies when research is necessary and frames issues to be researched; identifies sources of all reliable and relevant information including information tending to contradict preferred positions; accesses those sources and retrieves that information; analyzes facts and authorities; understands their weight; and reports on analysis
Assists in preparing Written Tax Advice (WTA) on international tax and cross-border transactionsTax ComplianceAssists in obtaining required client information to utilize in the preparation of international tax compliance forms and US international informational reporting
Has a basic level of understanding of tax compliance as evidenced by :Ability to use Firm tax compliance software to maximize efficiency in tax preparation process
Understands international tax compliance topics such as Subpart F income, Earnings and Profits adjustments and foreign tax credits and analyzing cross-border transactions for tax return impacts, including Section 351 and Section 304 transactions, liquidations under Sections 331 and 332, and reorganizations under Section 368Tax ControversyLearns about representing clients before the IRS on contested issues
Tax TechnologyUses tax research databases such as RIA, BNA, Lexis Nexis
Uses Go Systems, and other tax-related software with some supervisionASC 740-10Develops a basic understanding of ASC 740-10 as it applies to international tax issues.
Understands and applies Firm policies, standards, and the BDO Tax Quality ManualOther duties as requiredSupervisory Responsibilities : N / A
Qualifications, Knowledge, Skills and Abilities :
Education :
Bachelors degree, requiredAccounting or other business related major, preferredJ.D., LLM, and / or MST / MBT, preferredExperience :
Internship within a professional services firm, preferredTax experience, preferredLicense / Certifications :
CPA certification, Attorney (admitted to practice in a U.S. jurisdiction), or Internal Revenue Service Enrolled Agent ("EA") (or the equivalent of one of these designations), preferredSoftware :
Proficient in the use of Microsoft Office Suite, specifically Word, Excel and PowerPoint, preferredExperience utilizing RIA, BNA, Lexis Nexis and / or Westlaw, preferredLanguage : N / A
Other Knowledge, Skills & Abilities :
Solid verbal and written communications skillsStrong analytical and basic legal and tax research skillsSolid organizational skills especially ability to meet project deadlines with a focus on detailsCapable of successfully multi-tasking while working within independently or within a team environmentAbility to successfully interact with professionals at all levelsBasic understanding of the technical and practical issues and opportunities regarding one or more areas of taxation and lawBasic knowledge and understanding of general calculations and cause / effect for taxable conditions on clients and the potential tax issuesStrong legal writing background and familiarity with the IRAC method of analysisIn-depth understanding of the technical and practical issues and opportunities regarding one or more areas of taxationIndividual salaries that are offered to a candidate are determined after consideration of numerous factors including but not limited to the candidate's qualifications, experience, skills, and geography.
California Range : $85,000-$120,000 Colorado Range : $78,000-$120,000 Illinois Range : $80,000-$100,000 Maryland Range : $85,000-$100,000 Massachusetts Range : $85,000-$120,000 Minnesota Range : $72,000-$100,000 New Jersey Range : $80,000-$100,000 NYC / Long Island / Westchester Range : $85,000-$120,000 Washington Range : $78,000 - $120,000 Washington DC Range : $85,000-$100,000