JOB SUMMARY:
As an Intern in BDO’s Specialized Tax Services (STS) Partnerships group, you will develop your knowledge in partnership taxation through assisting in preparation of various partnership specific items including but not limited to 704(b) and Taxable income allocations, 704(b) and Tax Capital Account maintenance, liability analysis and allocations, and Tax Receivable Agreement calculations. In this role the STS Partnerships Intern will have the opportunity to utilize their educational background while working with more experienced team members who will provide direction and coaching related to a range of partnership taxation issues. As a team member, you will support BDO’s clients both directly and through support of other BDO client service teams.
JOB DUTIES:
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 tie 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
Assists in the projection of year-end filings
Assists with developing, recommending, and implementing efficient and effective methods to maximize client benefits, especially by decreasing clients’ current and future taxes
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
SUPERVISORY RESPONSIBILITIES:
QUALIFICATIONS, KNOWLEDGE, SKILLS AND ABILITIES:
EDUCATION:
EXPERIENCE:
LICENSE(S)/CERTIFICATION(S):
SOFTWARE:
OTHER KNOWLEDGE, SKILLS & ABILITIES:
Strong verbal and written communication skills
Developing analytical, research and critical thinking skills as well as decision-making skills
Capacity to work well in a team environment
Positive attitude and willingness to learn
Ability to follow instructions as directed
Individual salaries that are offered to a candidate are determined after consideration of numerous factors including but not limited to the candidate’s qualifications, experience, skills, and geography.
California Range: $28.00/hr - $37.00/hr
New York City/ Valhalla Range: $32.00/hr - $36.00/hr
Washington Range: $28.00/hr - $37.00/hr
Our purpose is helping people thrive, every day. Together, we are focused on delivering exceptional and sustainable outcomes and value for our people, our clients and our communities. BDO is proud to be an ESOP company, reflecting a culture that puts people first. BDO professionals provide assurance, tax and advisory services for a diverse range of clients across the U.S. and in over 160 countries through our global organization.