Tax Analyst
Foley & Lardner LLP, Chicago, IL, United States
Tax Analyst
Location: US-IL-Chicago
Category: Accounting/Finance
Type: Regular Full-Time
FLSA Status: Exempt
Scheduled Hours: 40+
Workplace: Hybrid
Overview Foley & Lardner LLP is currently seeking a Tax Analyst to join our Tax Accounting team. The Tax Analyst supports the preparation of the Firm's federal partnership tax return and oversees state individual composite and state partnership tax filings. The role is also responsible for sales and use tax filings in various states, as well as maintaining the Firm's fixed asset system, including preparing and filing required property tax returns.
Responsibilities
Prepares and manages federal, state composite, and state partnership tax returns
Assists senior manager with non‑income tax compliance including sales and use tax, personal property tax and business licenses
Plans for and develops overall return calendar and coordinates timing and inputs with the tax team
Provides support with various audits and special tax‑related projects
Prepares and reviews support spreadsheet for federal tax return
Analyzes expense accounts and separates into categories
Determines deductions for charitable contributions, gifts, membership dues, etc.
Prepares and files tax return extensions and estimated payments timely and accurately
Participates in calculation of Schedule M-1 adjustments for the tax return
Maintains and reconciles the fixed assets using Sage Fixed Asset software
Calculates depreciation expenses at year end, including disposals and additions
Prepares and files various state filings (e.g., annual LLP renewals, Ohio CAT tax, etc.)
Calculates preliminary and final income apportionment percentages for the Firm's partners
Monitors changes of the Internal Revenue Code and applicable state tax laws
Calculates estimates of composite taxes due from departing partners
Assists with special projects as needed and performs other related duties as assigned
Qualifications
Bachelor's Degree required, preferably in Accounting, Finance, or related field
Minimum of two (2) years of tax accounting experience, including expertise with both individual and partnership tax
Advanced proficiency in Microsoft Office Suite required
Prior experience with Sage Fixed Asset software desired
Prior experience with sales and use tax and personal property tax preferred
Strong interpersonal communications with all levels of personnel
Salary In support of transparency and equity in the workplace, Foley provides salary ranges for all positions. The figures below represent the full compensation range of this position. The actual offered amount will be between the range minimum and midpoint based on education, experience, geographic market, and internal pay equity at Foley.
Chicago – $85,300 to $119,400
#J-18808-Ljbffr
Category: Accounting/Finance
Type: Regular Full-Time
FLSA Status: Exempt
Scheduled Hours: 40+
Workplace: Hybrid
Overview Foley & Lardner LLP is currently seeking a Tax Analyst to join our Tax Accounting team. The Tax Analyst supports the preparation of the Firm's federal partnership tax return and oversees state individual composite and state partnership tax filings. The role is also responsible for sales and use tax filings in various states, as well as maintaining the Firm's fixed asset system, including preparing and filing required property tax returns.
Responsibilities
Prepares and manages federal, state composite, and state partnership tax returns
Assists senior manager with non‑income tax compliance including sales and use tax, personal property tax and business licenses
Plans for and develops overall return calendar and coordinates timing and inputs with the tax team
Provides support with various audits and special tax‑related projects
Prepares and reviews support spreadsheet for federal tax return
Analyzes expense accounts and separates into categories
Determines deductions for charitable contributions, gifts, membership dues, etc.
Prepares and files tax return extensions and estimated payments timely and accurately
Participates in calculation of Schedule M-1 adjustments for the tax return
Maintains and reconciles the fixed assets using Sage Fixed Asset software
Calculates depreciation expenses at year end, including disposals and additions
Prepares and files various state filings (e.g., annual LLP renewals, Ohio CAT tax, etc.)
Calculates preliminary and final income apportionment percentages for the Firm's partners
Monitors changes of the Internal Revenue Code and applicable state tax laws
Calculates estimates of composite taxes due from departing partners
Assists with special projects as needed and performs other related duties as assigned
Qualifications
Bachelor's Degree required, preferably in Accounting, Finance, or related field
Minimum of two (2) years of tax accounting experience, including expertise with both individual and partnership tax
Advanced proficiency in Microsoft Office Suite required
Prior experience with Sage Fixed Asset software desired
Prior experience with sales and use tax and personal property tax preferred
Strong interpersonal communications with all levels of personnel
Salary In support of transparency and equity in the workplace, Foley provides salary ranges for all positions. The figures below represent the full compensation range of this position. The actual offered amount will be between the range minimum and midpoint based on education, experience, geographic market, and internal pay equity at Foley.
Chicago – $85,300 to $119,400
#J-18808-Ljbffr