Tax Intern, State and Local Tax

About the Role

BDO is looking for energetic self-starters who can think and act like entrepreneurs. The Tax Intern, State and Local Tax will be responsible for basic research and analysis of state and local tax (SALT) issues, along with utilizing tax software in the completion of basic tax returns and other tax filings and documents. This role offers the opportunity to utilize your educational background while working side-by-side with experienced Tax members for direction and coaching on a range of state and local tax laws and resources.

Key Responsibilities

• Tax Methodology: Applies general understanding of knowledge and application of standards to effectively and efficiently deliver quality tax services.
• Tax Compliance:
• Ensures clients comply with all applicable authorities while minimizing their tax and reporting burdens.
• Ensures self and client service teams comply with all Firm policies, standards, and the BDO Tax Quality Manual (“TQM”).
• Participates in the preparation, filing, and completion of voluntary disclosure agreements for sales and use tax, income tax, and unclaimed property.
• Drafts tax memoranda and other documents on various tax issues.
• Assists in drafting responses to notices from state taxing authorities.
• Prepares models for tax and unclaimed property exposure analysis.
• Participates in the audit defense of client returns and tax positions.
• Ensures all data needed to comply with filing requirements is obtained and identifies missing items.
• Monitors current tax law changes and applies them appropriately to assigned tax returns.
• Manages collection and retention of all appropriate workpapers for assigned clients.
• Research: Completes basic research on federal and state tax issues.
• Tax Consulting:
• Partners with experienced SALT tax professionals to learn the basics of state tax planning.
• Participates in client meetings with experienced tax professionals, as appropriate.
• Establishes relationships with Core Tax Services and other Specialized Tax Services client service professionals.
• Tax Specialization: Develops an in-depth understanding of the technical and practical issues and opportunities regarding one or more areas of taxation.
• Strategy Development: Assists in the preparation of tax presentations for client meetings.
• Tax-Related Software: Utilizes Caseware, Go Systems, and other tax-related software in the completion of basic tax returns with appropriate supervision, as applicable.
• Other duties as required.

Requirements & Tech Stack

• Tax-Related Software:
• Caseware
• Go Systems
• Microsoft Office Suite: Proficient in Word, Excel, and PowerPoint.

Qualifications

• Enrolled in a Bachelor's or Master's program in Accounting, Taxation, Finance, or other relevant field.
• Enrolled in a Juris Doctorate (J.D.) program.
• Enrolled in a Master of Laws (LLM) program.
• Leadership experience, preferred.
• Prior internship or other work experience within an accounting setting or public accounting, preferred.
• Membership and participation in accounting or finance organizations at the college level, preferred.

Other Knowledge, Skills & Abilities

• Strong written and verbal communication skills.
• Ability to follow instructions as directed.
• Ability to successfully multi-task while working independently or within a team.
• Positive attitude and willingness to learn.
• Ability to research taxation topics and communicate or compose written analysis effectively.
• Basic knowledge of accounting and tax theory.
• Seeks advice of appropriate superiors regarding issues related to compliance.
• Ability to prepare simple tax returns and draft other tax-related documents.