Income Tax Senior, State and Local Tax

Full-time

No

Income Tax Senior, State and Local Tax

Are you an experienced State and Local Tax (SALT) professional looking for an opportunity to apply your knowledge and experience to help clients? BDO USA is looking for a Senior Associate to join the State and Local Tax (SALT) practice in our Nashville office.

As a Senior Associate, you will be responsible for providing advice related to tax implications of clients’ business objectives, recommending alternate courses of action, as well as identifying different methods of complying with tax regulations. You will also be responsible for developing relationships with in-state and out-of-state Department of Tax (DOT)/Department of Revenue (DOR) personnel, ensuring clients comply with all applicable authorities, and providing assistance with exam support.

The ideal candidate for this role should possess a Bachelor’s degree, two or more years of state and local/multistate experience, and CPA certification or other relevant certification. You should also have excellent verbal and written communication skills, strong analytical and research skills, solid organizational skills, and the ability to meet project deadlines with a focus on details.

At BDO, we offer a competitive Total Rewards package that encompasses so much more than “traditional benefits.” Our wide range of rewards and our employees’ ability to customize rewards to their individual needs are two of the reasons why BDO has been honored with so many workplace awards, including 100 Best Companies for Working Parents, Working Mother 100 Best Companies, Top Entry Level Employer, 2022 National Best & Brightest Companies to Work For and more. Total rewards offered can include competitive pay, eligibility for an annual performance bonus, 401k plan plus an employer match, comprehensive insurance from day one, paid parental leave, adoption assistance, firm paid life insurance, wellness programs, and more.

If you are an experienced State and Local Tax (SALT) professional looking for an opportunity to apply your knowledge and experience to help clients, we invite you to apply for our Senior Associate, STS SALT position in our Nashville office today.

Job Summary

BDO USA is looking for a Senior Associate to join the State and Local Tax (SALT) practice in our Nashville office. As a Senior Associate, you will be responsible for providing advice related to tax implications of clients’ business objectives, recommending alternate courses of action, as well as identifying different methods of complying with tax regulations.

Job Duties

- Research: Identifies when research is needed; frames issues to be researched; identifies sources of all information including information tending to contradict preferred positions, analyzes facts and authorities, and reports the analysis; demonstrates an in-depth level of understanding of various tax authorities; applies firm and professional standards for preparation of WTA and tax returns; develops and maintains relationships with in-state and out-of-state Department of Tax (DOT)/Department of Revenue (DOR) personnel
- Tax Compliance: Ensures clients comply with all applicable authorities, while at the same time minimizing their tax and reporting burdens; tracks availability and filing requirements regarding client-related information; applies tax compliance knowledge with a high degree of accuracy and efficiency; utilizes knowledge of preparation and issues to price services and sell related services; develops service in accordance with SOX rulings; ensures tax engagement letters are adopted prior to engagement work commencing and manages engagements; conducts detailed review of tax returns, and identifies basic, complex and advanced issues throughout the engagement; communicates with clients to gather information when applicable; prepares and reviews taxability matrices for client transactions assuring timely review and accuracy of returns
- Tax Consulting: Develops, recommends, and implements methods to maximize client benefits, especially by decreasing clients’ current and future taxes; considers the applicability of all state tax consulting sub-specialties for each client, conferring with other STS consultants, when appropriate; interprets existing and new law and client facts to maximize benefits; involves other state tax sub-specialty subject matter experts, when appropriate; applies workplans for tax consulting projects performed for clients; ensures client service teams comply with firm policy regarding WTA checklist; develops consultative selling skills; provides assistance with exam support; assists in managing client expectations; informs Core Tax Services leadership of state tax opportunities for clients
- Tax Controversy: Reviews assessment notices; monitors client expectations regarding issues of controversy; handles routine questions from federal or state agencies with assistance
- Tax Related Software: Utilizes GoSystems, tax research databases and other tax-related software in the completion of assigned tasks; trains staff on all current software tools
- Tax Specialization: Develops an in-depth understanding of the technical and practical issues and opportunities regarding one or more areas of taxation; manages specialization services efficiently; involves and works with firm specialists when client and proposal work relates to areas in which the firm has specialists; organizes and conducts internal CPE training sessions in area of specialization
- Accounting for Income Taxes – SFAS109: Reviews basic tax provisions
- ASC740-10: Applies firm policies, standards and BDO Tax Quality Manual regarding FAS 109 and FIN 48; assists others in learning and applying FAS 109 and FIN 48; reviews tax provisions; communicates with Assurance counterparts to timely plan tax accrual reviews
- Strategy Development: Introduces and develops new or improved ideas to advance the position of clients, the firm, or firm personnel by reducing taxes or expenses or providing non-tax benefits; reviews studies of tax implications and offers client alternative courses of action; assists with research of potential tax strategies as well as implementation; understands documentation associated with tax strategies; identifies and leverages lesions learned on prior projects and offers

this role also serves as primary contact for the clients, as needed, including but not limited to preparing and presenting presentations to clients and potential clients. job duties:

research:

identifies when research is needed; frames issues to be researched; identifies sources of all information including information tending to contradict preferred positions, analyzes facts and authorities, and reports the analysis
demonstrates an in-depth level of understanding of various tax authorities
applies firm and professional standards for preparation of wta and tax returns
develops and maintains relationships with in-state and out-of-state department of tax (dot)/department of revenue (dor) personnel

tax compliance:

ensures clients comply with all applicable authorities, while at the same time minimizing their tax and reporting burdens
tracks availability and filing requirements regarding client-related information
applies tax compliance knowledge with a high degree of accuracy and efficiency
utilizes knowledge of preparation and issues to price services and sell related services
develops service in accordance with sox rulings
ensures tax engagement letters are adopted prior to engagement work commencing and manages engagements
conducts detailed review of tax returns, and identifies basic, complex and advanced issues throughout the engagement
communicates with clients to gather information when applicable
prepares and reviews taxability matrices for client transactions assuring timely review and accuracy of returns

tax consulting:

develops, recommends, and implements methods to maximize client benefits, especially by decreasing clients’ current and future taxes
considers the applicability of all state tax consulting sub-specialties for each client, conferring with other sts consultants, when appropriate
interprets existing and new law and client facts to maximize benefits
involves other state tax sub-specialty subject matter experts, when appropriate
applies workplans for tax consulting projects performed for clients
ensures client service teams comply with firm policy regarding wta checklist
develops consultative selling skills
provides assistance with exam support
assists in managing client expectations
informs core tax services leadership of state tax opportunities for clients

tax controversy:

reviews assessment notices
monitors client expectations regarding issues of controversy
handles routine questions from federal or state agencies with assistance

tax related software:

utilizes gosystems, tax research databases and other tax-related software in the completion of assigned tasks
trains staff on all current software tools

tax specialization:

develops an in-depth understanding of the technical and practical issues and opportunities regarding one or more areas of taxation
manages specialization services efficiently
involves and works with firm specialists when client and proposal work relates to areas in which the firm has specialists
organizes and conducts internal cpe training sessions in area of specialization

accounting for income taxes – sfas109:

reviews basic tax provisions

asc740-10:

applies firm policies, standards and bdo tax quality manual regarding fas 109 and fin 48
assists others in learning and applying fas 109 and fin 48
reviews tax provisions
communicates with assurance counterparts to timely plan tax accrual reviews

strategy development:

introduces and develops new or improved ideas to advance the position of clients, the firm, or firm personnel by reducing taxes or expenses or providing non-tax benefits. , protests, refund claims and appeals)
makes high-level decisions regarding filing and preparation, and handles questions from federal and state agencies
economically and productively manages projects including billing and accounts receivable responsibilities
educates and advises professionals regarding state and local tax law as well as developing their careers

other duties as required

supervisory responsibilities:

supervises work assignments of sts salt associates, as appropriate
provides periodic performance feedback to and participates in the annual performance evaluation for sts salt associates, as appropriate
acts as a mentor to and assists in the professional development of sts salt associates, as appropriate


qualifications, knowledge, skills and abilities:

education:

bachelors degree ,required
masters degree in accounting/taxation or j. , preferred

experience:

two (2) or more years state and local/multistate experience, required

license/certifications:

cpa certification or other relevant certification, preferred

software:

proficient in the use of microsoft office suite, specifically excel and word, preferred
ability to use standard tax applications and research tools, preferred

language:

n/a

other knowledge, skills & abilities:

excellent verbal and written communication skills
strong analytical and research skills
solid organizational skills
ability to meet project deadlines with a focus on details
ability to successfully multi-task while working independently or within a group environment
capable of building and maintaining strong relationships with internal and client personnel
advanced knowledge of all tax return forms
excellent people development and delegation skills
ability to encourage a team environment on engagements
executive presence and ability to act as primary contact on assigned engagements
basic understanding of tax compliance
ability to successfully interact with professionals at all levels
working knowledge of appropriate application of tax standards to ensure effective and efficient delivery of tax services
working knowledge of sources of relevant information utilized in tax filings
working knowledge and understanding of cause and effect for taxable conditions on clients and the potential tax issues
possesses excellent decision-making skills
ability to create written tax advice
basic understanding of the ability to represent the client before any tax authority on contested issues



individual 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

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