Tax Internship

Employment Type: Internship

Location: New York (Headquarters)

Reporting To: Staff Accountant/Senior/Manager

Compensation: $15.00 / hour

Description

Under the direct supervision of the Staff Accountants/Senior Accountants, this position provides support with the basic duties and responsibilities of an Intern, as noted below.

• Duration: 90-Day Internship Program
• Extension of the internship is possible for an additional 3 months (maximum 6 month combined)
• Education: At a minimum, a senior or recent graduate via an Accounting Bachelor’s degree program from an accredited university in the United States
• Language: Chinese/Mandarin preferred
• Location: 133-10 39th Avenue, Flushing NY 11354.
• Pay/Salary: Paid full-time internship ($15/hr)

Key Responsibilities

• Prepare Finalized Reports (inclusive of financial statements and other working papers), as-needed
• Coordinate scheduling and a variety of communications with clients
• Assist with and learn how to prepare various tax returns for federal, state, and local entities
• Assist with the preparation of tax extensions, notices, and examinations/research for clients
• Assist with the review process of completed reports (formatting inconsistencies, templates, overall content, etc.)
• Assist with planning and performing financial and compliance audits in accordance with the appropriate
• Gain exposure to various accounting/tax preparation and filing software
• Shadow other staff/senior accountants to gain understanding and further exposure to a tax accountant’s responsibilities
• Other jobs/duties, including administrative responsibilities, assigned by the tax Staff team

Terms of this Internship

• This is a paid hourly internship ($15/hour)
• Duration will be for approximately 90 days and will be from Monday-Friday (approx. 35-40 hours per week)
• An extension of the internship for an additional 3 months is possible.
• You shall come appropriately dressed, business casual, and remain professional to all colleagues/peers and incoming visitors.
• A job is not guaranteed upon completion of the internship/training or completion of the intern’s schooling

Learning Objectives

• Gain insight into professionalism within a CPA firm and working with clients (through the shadow program)
• Develop an understanding of the various software the firm (and other firms in the industry) uses.
• Gain a further understanding of the tax preparation and filing cycle
• Learn the process of documenting tax-related work performed throughout, and upon completion and wrap-up phase of the tax filing.
• Develop a skill set for gathering questions and asking appropriate personnel for assistance.
• Develop skills required to interact with other professionals at varying levels for example partners, managers, senior associates, staff, and office staff.
• Understand how a firm trains its personnel and how training enhances work requirements.