An assistant tax accountant generally assists a tax accountant in fulfilling duties related to preparing taxes. The job may involve working at a tax accounting firm or simply for a company which needs an in-house tax accountant department. One of the main duties involves filling out tax returns, both federal and state, and often with foreign countries. The assistant will also help the accountant carry out tax analyses to discover errors and/or inefficiencies.
These assistants should always stay up-to-date regarding law changes to ensure that taxes are carried out in complete accuracy and provide suggestions to minimize the company's burden when filing taxes. They must also create schedules in order to make sure taxes are filed in a timely manner. Record-keeping of tax returns and reports is important to ensure records are kept safe and easily recoverable. The assistant tax accountant will also carry out various duties as assigned by the primary accountant.
The position often requires adequate experience in an accounting-related field. Though this job does involve working under a manager and may involve working on a tax accountant team, much of the work is done independently; therefore, it is important to be self-driven and have great communication skills. Educational requirements vary, and many positions will require a minimum of a Bachelor’s degree in a field such as Accounting.
Tax Accountant Assistant Tasks
Ensure compliance with state and federal regulations.
Analyze tax regulations and recommend policies that minimize tax burden.
Prepare tax returns and reports, maintain records, analyze and research complex tax issues.
Provides support during audits.