Tax Accountant Job Description Template
A Tax Accountant is responsible for preparing and filing tax returns, as well as ensuring that taxes are paid on time. They may also be responsible for auditing tax records and advising clients on tax-related matters.
Tax Accountant Job Responsibilities
- Calculate taxes owed by individuals and businesses
- Prepare tax returns
- File tax returns with the appropriate government agency
- Pay taxes on behalf of clients
- Represent clients during audits conducted by the IRS or state tax authorities
- Provide advice on tax planning and strategies to minimize taxes owed
Objectives
- To prepare and file tax returns for individuals, businesses, and organizations in compliance with state and federal regulations.
- To research and resolve tax issues related to audits, appeals, and collections.
- To advise clients on tax planning strategies that minimize their liability and maximize their refunds.
- To keep upto-date on changes in tax laws and regulations in order to ensure compliance with filing requirements.
- To maintain accurate records of financial transactions related to taxes paid and owed.
Tax Accountant Job Skills & Qualifications Needed
- A tax accountant should have a bachelor's degree in accounting, finance, or a related field.
- A tax accountant should have experience preparing and filing taxes for individuals and businesses.
- A tax accountant should be proficient in using accounting software programs.
- A tax accountant should have strong analytical and problem-solving skills.