What is a Tax Accountant?

A tax accountant is a specialist in the tax laws and regulations imposed by governments at all levels. This person prepares tax reports for submission to the taxing authorities, and also advises management on how to either minimize tax liabilities or defer the payment of taxes for extended periods of time.

Principal Accountabilities

Devise tax strategies to defer or eliminate tax payments
Create tax data collection systems, and maintain the corporate tax database
Complete required tax reporting in a timely manner
Prepare and update tax provision schedules
Update the company sales tax database as tax rates change
Coordinate audits by various taxation authorities
Research and correct process errors that caused incorrect tax filings
Negotiate with tax authorities over tax payment issues
Research the basis for tax positions to be taken
Advise management regarding the tax impact of corporate strategies
Advise management on the impact of new laws on tax liabilities
Coordinate outsourced tax preparation work
Identify tax savings in prospective acquisition scenarios

Desired Qualifications

3+ years of tax accounting experience. Bachelor's degree in accounting preferred, or a tax concentration within an accounting program. Must be detail oriented.