Position Overview:
We are looking for a motivated EntryLevel 1040 Tax Accountant to join our growing team in our Bethesda MD office. This role is perfect for recent graduates and individuals looking to start their career in tax accounting. The primary focus of the position will be preparing individual tax returns (Form 1040) and supporting clients with their personal tax needs. If youre detailoriented eager to learn and ready to gain handson experience in tax accounting we encourage you to apply!
Salary Range $60000 $70000 based on experience
Key Responsibilities:
Prepare Individual Tax Returns:
- Assist in the preparation of federal and state individual tax returns (Form 1040) for a diverse range of clients.
- Gather and analyze client financial data including W2s 1099s K1s and other relevant tax documents.
- Identify and apply deductions credits and taxsaving opportunities for clients.
Client Support:
- Communicate with clients to clarify taxrelated questions and gather necessary documentation.
- Provide clients with information on tax deadlines and required documents for accurate and timely filing.
- Assist with the review and organization of client tax records to ensure compliance with IRS guidelines.
Tax Compliance:
- Ensure individual tax filings are completed accurately and in accordance with federal and state tax laws.
- Assist with calculating and preparing quarterly estimated tax payments for clients when necessary.
- Maintain uptodate knowledge of current tax regulations and changes affecting individual taxpayers.
General Accounting Support:
- Assist in researching tax issues and new tax legislation to support client needs.
- Support senior accountants in resolving taxrelated inquiries from the IRS or state tax authorities.
- Prepare extensions and amendments for clients when needed.
Professional Development:
- Participate in training sessions and stay informed on changes in tax laws regulations and procedures.
- Gain experience and develop expertise in preparing a variety of individual tax returns.
Qualifications:
- Bachelors degree in Accounting Finance or a related field (or in progress).
- Basic knowledge of tax preparation software and Microsoft Excel.
- Familiarity with IRS tax forms (W2) is a plus.
- Strong attention to detail and ability to work under deadlines.
- Excellent communication and organizational skills.
- Eagerness to learn and develop a career in tax accounting.
Skills:
- Strong analytical and problemsolving skills.
- Ability to manage time effectively and handle multiple tasks.
- Teamoriented with a desire to work collaboratively with others.
Perks & Benefits:
- Competitive entrylevel salary with potential for growth.
- Comprehensive health dental and vision insurance.
- Opportunities for professional development and certifications (e.g. CPA support).
- Mentorship and guidance from experienced tax professionals.
- Start your accounting career with us and gain valuable experience preparing tax returns working with clients and growing your knowledge of the tax industry!
Required Experience:
Staff IC