What does a Tax Manager do?
Published 3 min read
A Tax Manager is responsible for the tax compliance and tax planning of an organization. They work with the financial team to ensure that the organization is in compliance with all tax laws and regulations. They also develop strategies to minimize the tax liability of the organization.
Tax Manager job duties include:
- Research and interpret tax laws, regulations and rulings to ensure compliance with all applicable laws
- Prepare and file federal, state and local tax returns
- Manage and oversee tax audits
- Identify and implement tax planning strategies to minimize tax liabilities
- Assist with the development and implementation of new tax laws, regulations and policies
- Monitor changes in tax legislation and advise management of the potential impact on the company
- Train and develop staff members on tax compliance matters
- Stay abreast of current industry trends and developments
- Collaborate with other departments within the company to ensure accurate reporting of taxes
Tax Manager Job Requirements
A Tax Manager is responsible for overseeing the tax compliance and reporting of an organization. They ensure that the organization adheres to all tax laws and regulations. A Tax Manager typically has a Bachelor's degree in accounting or a related field, and they may also be certified as a Certified Public Accountant (CPA). They must have several years of experience working in tax, preferably at a management level.
Tax Manager Skills
- Tax laws
- Tax planning
- Tax research
- Tax return preparation
- Tax audits
- Tax compliance
- Tax accounting
- Tax strategy
- Tax forecasting
- International tax
- State and local taxes
- Tax technology
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How to become a Tax Manager
A Tax Manager is responsible for the tax compliance of an organization. They ensure that the organization pays its taxes on time and in the correct amount. They also work with the organization's financial team to ensure that the organization's tax strategy is aligned with its overall financial goals.
To become a Tax Manager, you will need a bachelor's degree in accounting or a related field. You will also need to have at least five years of experience working in tax compliance or tax consulting. In addition, you will need to be proficient in using tax software and have strong analytical and problem-solving skills.
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