o be successful in this role, the following qualifications are required:
- Understanding of US corporate tax and able to work independently on Federal and state return (1120)
- 2.5–3 years of experience in Form 1120, with a good understanding of Deferred Tax Assets (DTA) and Deferred Tax Liabilities (DTL), or experience working on basic tax provision forms
- Prepare supporting schedules for state income/franchise tax returns, where applicable.
- Gather and analyze client financial data (trial balances, GL details, fixed asset reports) to support tax calculations.
- Compute taxable income, NOLs, credits, and other return components in accordance with U.S. tax law.
- Identify and compute temporary and permanent differences between book and tax.
- Self-review in reconciling tax returns to financial statements and client workpapers.
- Support senior team members in identifying temporary differences and calculating deferred tax assets/liabilities.
- Assist in preparing tax provision support (current and deferred tax) under U.S. GAAP/IFRS for client financial reporting.
- Perform basic tax research on U.S. corporate tax issues (e.g., depreciation, interest limitation §163(j), NOLs, credits, §382, etc.) using standard research tools.
- Maintain, organize and document the research and findings.
- Experience with major tax compliance software like GoSystem, CCH Axcess strongly preferred.
- Having experience on consolidation (Large entities) is plus.
- Ready to learn new concepts, especially Provision (ASC 740).
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