Job Summary:
BDO is a place for energetic self-starters who can think and act like entrepreneurs. The BDO Tax Intern Leadership Program aims to attract top talent by offering a unique leadership experience across multiple tax lines: Core Tax Services (CTS), Private Client Services (PCS), and Specialty Tax Services (STS). This 20-week rotational internship provides diverse experiences and exclusive leadership access, expediting promotion. This 20-week internship will showcase all the opportunities within a tax career.
Job Duties:
Tax Consulting
- Assists with developing, recommending, and implementing efficient and effective methods to maximize client benefits, especially by decreasing clients’ current and future taxes
- Federal and state income tax planning to ensure the most tax efficient domestic tax structure
- International tax, transfer pricing, transaction tax consulting for companies engaging in worldwide opportunities and/or acquisitions
- Succession and Wealth Transfer Planning with closely held business owners and their families
- Operates online research tools to gather pertinent tax information
- Monitors tax law and client factual developments on a regular basis, daily or weekly but at least bi-weekly
- Develops and communicates to client service team personnel, viewpoints regarding how those developments might affect clients
Tax Compliance
- Ensures both that (a) clients comply with all applicable authorities, while at the same time minimizing their tax and reporting burdens, and (b) self and client service teams comply with all Firm policies, standards, and the BDO Tax Quality Manual (“TQM”).
- Effectively uses referencing system and workpapers that ties to the return
- Completes tasks and organizes file to minimize rework by reviewer
- Ensures data is collected to comply with filing requirements
- Takes initiative on impending due dates/engagement letters
- Works with tax software applications to complete simple tax returns for review
- Performs quarterly estimates and prepares extensions
- Assists with responses to notices from the Internal Revenue Service
- Assists in the projection of year-end filings
Tax Specialization
- Develops an in-depth understanding of the technical and practical issues and opportunities regarding one or more areas of taxation
Strategy Development
- Assists in the preparation of tax presentations for client meetings
Tax-Related Software
- Utilizes Caseware, Go Systems, and other tax-related software in the completion of basic tax returns with appropriate supervision, as applicable
Other Duties:
- Seeks advice of appropriate superiors regarding issues related to compliance
- Performs other duties as required
Supervisory Responsibilities:
Qualifications, Knowledge, Skills and Abilities:
Education:
- Enrolled in a Bachelor's or Master’s program in Accounting or Finance, required
- Enrolled in a University Professional Program in Accounting (or similar), required
- Students must be vetted by the university (accounting professor, PPA program faculty, or similar) as a part of the selection process, required
- Letter of recommendation, preferred
Experience:
- Leadership experience, preferred
License/Certifications:
- Actively pursuing school credits to become a CPA, preferred
Software:
- Proficient in the use of Microsoft Office Suite, specifically Word, Excel and PowerPoint, preferred
Language:
Other Preferred Knowledge, Skills & Abilities:
- Strong written and verbal communication skills
- Ability to follow instructions as directed
- Ability to work effectively in a team setting
- Possesses a positive attitude and willingness to learn
- Ability to prepare simple tax returns
- Ability to pay attention to details, actively seek feedback, and offer assistance to various teams
- Interest in developing a career post-graduation within business development.
- Ability to interact effectively with people at all organizational levels of the firm.