Tax Analyst at Waltham

Job Description

Responsibilities: Our client is seeking a Tax Analyst in Waltham, MA.Responsibilities:

• Income Tax Returns - Prepare IRS form 1120s for domestic entities and assist in the preparation of the consolidated federal form 1120. This includes the calculation of book to tax adjustments and tax credits. Prepare the required forms to accompany the consolidated form 1120, including Forms 5471, 8858, 8865, etc. Prepare separate and consolidated corporate income tax returns for state and local taxing authorities. Prepare state/local apportionment calculations for income allocation purposes. Prepare and timely file quarterly estimated federal and state income tax payments. Prepare and timely file annual federal and state income tax extension payments and forms. Research and stay abreast of applicable tax laws and regulations. (50%)
• Annual & Quarterly Income Tax Provision - Participate in the annual and quarterly accounting for income tax process. Assist the Income Tax Accounting group in all aspects of the calculation of the components of current and deferred income tax expense and balance sheet account balances in accordance with ASC 740 (Statement of Financial Accounting Standards No. 109), Accounting for Income Taxes. This includes calculation of the tax provision for entities within the group, input and output using the OneSource Tax Provision software tool and assisting in any other areas of the income tax provision as necessary. (30%)
• Income Tax Audits - Assist in gathering data and reports necessary to fulfill IRS information document requests and any state/local income tax audits. Research and preparation of technical memoranda supporting tax technical positions taken on tax returns. (10%)
• Special Projects - Prepare responses to tax notices received from various taxing jurisdictions. Provide ad-hoc tax analysis / reporting as necessary. (10%)

Job Requirements

Qualifications:

• Bachelors degree in Tax, Accounting, Finance or Business Management
• 3-4 years of experience
• High proficiency with Excel
• Excellent oral and written communication skills
• Flexible and positive attitude
• Corporate tax experience
• Tax preparation software experience

Country: USA, State: Massachusetts, City: Waltham, Company: Kforce Finance and Accounting.