Tax Internship

Tax Internship

Wei, Wei & Co., LLP

Flushing, NY

Other

Posted 10 days ago


Job description

Description
Under the direct supervision of the Staff Accountants/Senior Accountants, this position provides support with the basic duties and responsibilities of an Intern, as noted below.
  • Duration: 90-Day Internship Program
    • Extension of the internship is possible for an additional 3 months (maximum 6 month combined)
  • Education: At a minimum, a senior or recent graduate via an Accounting Bachelor's degree program from an accredited university in the United States
  • Language: Chinese/Mandarin preferred
  • Location: 133-10 39th Avenue, Flushing NY 11354.
  • Pay/Salary: Paid full-time internship ($15/hr)


Key Responsibilities
  • Prepare Finalized Reports (inclusive of financial statements and other working papers), as-needed
  • Coordinate scheduling and a variety of communications with clients
  • Assist with and learn how to prepare various tax returns for federal, state, and local entities
  • Assist with the preparation of tax extensions, notices, and examinations/research for clients
  • Assist with the review process of completed reports (formatting inconsistencies, templates, overall content, etc.)
  • Assist with planning and performing financial and compliance audits in accordance with the appropriate
  • Gain exposure to various accounting/tax preparation and filing software
  • Shadow other staff/senior accountants to gain understanding and further exposure to a tax accountant's responsibilities
  • Other jobs/duties, including administrative responsibilities, assigned by the tax Staff team

Terms of this Internship
  • This is a paid hourly internship ($15/hour)
  • Duration will be for approximately 90 days and will be from Monday-Friday (approx. 35-40 hours per week)
    • An extension of the internship for an additional 3 months is possible.
  • You shall come appropriately dressed, business casual, and remain professional to all colleagues/peers and incoming visitors.
  • A job is not guaranteed upon completion of the internship/training or completion of the intern’s schooling

Learning Objectives
  • Gain insight into professionalism within a CPA firm and working with clients (through the shadow program)
  • Develop an understanding of the various software the firm (and other firms in the industry) uses.
  • Gain a further understanding of the tax preparation and filing cycle
  • Learn the process of documenting tax-related work performed throughout, and upon completion and wrap-up phase of the tax filing.
  • Develop a skill set for gathering questions and asking appropriate personnel for assistance.
  • Develop skills required to interact with other professionals at varying levels for example partners, managers, senior associates, staff, and office staff.
  • Understand how a firm trains its personnel and how training enhances work requirements.



Frequently asked questions

Q: What skills or qualities help someone succeed as a Tax Intern?

A: To succeed as a Tax Intern, key technical skills include proficiency in tax software and systems, such as tax preparation and compliance tools, as well as knowledge of tax laws and regulations. Soft skills like strong analytical and problem-solving abilities, effective communication, and attention to detail are also crucial, as they enable interns to accurately prepare and review tax returns, and collaborate with colleagues and clients. By possessing these technical and soft skills, Tax Interns can effectively support tax professionals, develop valuable industry knowledge, and build a strong foundation for future career growth in tax or accounting.

Q: What is the career path for a Tax Intern?

A: A Tax Intern typically progresses through a career path that includes entry-level roles such as Tax Analyst or Junior Tax Accountant, where they gain hands-on experience in tax preparation and compliance. Mid-level roles like Tax Senior or Senior Tax Accountant involve more complex tax planning and advisory work, while senior roles like Tax Manager or Director of Tax oversee teams and develop strategic tax plans. Throughout their career, Tax Interns can develop skills in tax law, financial analysis, and communication, and may pursue certifications like the Certified Public Accountant (CPA) or Enrolled Agent (EA) to enhance their career prospects.



Wei, Wei & Co., LLP job posting for a Tax Internship in Flushing, NY with a salary of $17 Hourly with a map of Flushing location.