What does a Tax Associate do?
Learn all about Tax Associate duties, skills and much more. Get expert advice on how to become a Tax Associate.
Published 3 min read
A Tax Associate provides support to the tax department by preparing and filing tax returns, researching tax laws, and maintaining records.
Tax Associate job duties include:
- Research and analyze tax laws, regulations, and rulings to determine the impact on clients
- Prepare federal, state, and local tax returns for individuals and businesses
- Advise clients on tax planning strategies to minimize their tax liability
- Represent clients before the IRS and other taxing authorities
- Assist clients with audits and appeals
- Identify opportunities for clients to claim tax refunds and credits
- Prepare estimates of taxes owed by individuals and businesses
- Keep abreast of changes in tax laws and regulations
- Train and mentor junior associates
Tax Associate Job Requirements
A Tax Associate typically needs a bachelor's degree in accounting, although some employers may require a master's degree. Certification as a Certified Public Accountant (CPA) is also often required. Tax Associates must have strong analytical and research skills, as well as experience using tax software.
Tax Associate Skills
- Tax law
- Tax compliance
- Tax research
- Tax planning
- Tax accounting
- Tax return preparation
- Corporate tax
- Individual tax
- Partnership tax
- State and local tax
- International tax
- Estate and gift tax
How to become a Tax Associate
There are many ways to become a Tax Associate. The most common way is to have a degree in accounting or a related field, and to have experience working in the tax field. There are also many professional organizations that offer certification, which can be helpful in getting a job or advancing in your career.
The first step is to get a degree in accounting or a related field. This will give you the basic knowledge and skills you need to work in the tax field. You can also get experience by working in an accounting firm or tax office. This will give you the opportunity to learn about different tax laws and how to apply them.
Once you have your degree and experience, you can start looking for jobs as a Tax Associate. There are many different types of positions available, so you should be able to find one that fits your skills and interests. You can also advance in your career by becoming certified by a professional organization such as the American Institute of Certified Public Accountants (AICPA).
Related: Tax Associate Resume Example