Tax Analyst
Foley & Lardner LLP, Chicago, IL, United States
Overview
Foley & Lardner LLP is a great place to work because of what we do and how we do it. Here, your unique perspectives, experiences, and abilities will be embraced and developed, so you can excel. Being a part of Foley means having the opportunities and resources necessary to gain experience, advance professional goals, and forge meaningful connections. It’s a place where you can build your career and enjoy professionally satisfying work. We have over 2,300 people who are #HappyatFoley, and we think you will be too.
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/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 tax team
Provides support with various audits and special tax related projects
Prepares & reviews support spreadsheet for federal tax return
Analyzes expense accounts and separates into categories
Determines deductions for charitable contributions, gifts, membership dues, etc
Prepares & files tax return extensions and estimated payments timely & accurately
Participates in calculation of Schedule M-1 adjustments for 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 (i.e. annual LLP renewals, Ohio CAT tax, etc.)
Calculates preliminary & 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 required 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 and personal property tax preferred
Strong interpersonal communications with all levels of personnel
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 the following factors: education, experience, geographic market, and internal pay equity at Foley.
Chicago - $85,300 to $119,400
Foley offers a comprehensive benefit program which currently includes Paid Time Off; Paid Holidays; Medical, Dental and Vision insurance; 401(k) Retirement; Disability and Life insurance; Adoption Assistance; Backup Care for Dependents.
Affirmative Action/Equal Opportunity Employer/M/F/Vet/Disabled.
About Foley & Lardner Foley is an Am Law 50 law firm consistently ranked among top-tier practices. With over 1,100 lawyers in 26 offices across the United States, Mexico, Europe, and Asia, our market‑leading platform includes Corporate, Intellectual Property, and Litigation. Adding depth to our bench strength, we focus on four primary sectors: Energy, Health Care & Life Sciences, Innovative Technology, and Manufacturing. We look beyond the law to focus on the constantly evolving demands facing our clients and act as trusted business advisors to deliver creative, practical, and effective solutions.
For nearly two centuries, Foley has maintained its commitment to the highest level of innovative legal services and to the stewardship of our people, firm, clients, and the communities we serve. While respecting our roots, we’re also continuously looking to modernize all aspects of our business and elevate who we are and what we do, which keeps us focused on the future.
#J-18808-Ljbffr
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/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 tax team
Provides support with various audits and special tax related projects
Prepares & reviews support spreadsheet for federal tax return
Analyzes expense accounts and separates into categories
Determines deductions for charitable contributions, gifts, membership dues, etc
Prepares & files tax return extensions and estimated payments timely & accurately
Participates in calculation of Schedule M-1 adjustments for 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 (i.e. annual LLP renewals, Ohio CAT tax, etc.)
Calculates preliminary & 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 required 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 and personal property tax preferred
Strong interpersonal communications with all levels of personnel
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 the following factors: education, experience, geographic market, and internal pay equity at Foley.
Chicago - $85,300 to $119,400
Foley offers a comprehensive benefit program which currently includes Paid Time Off; Paid Holidays; Medical, Dental and Vision insurance; 401(k) Retirement; Disability and Life insurance; Adoption Assistance; Backup Care for Dependents.
Affirmative Action/Equal Opportunity Employer/M/F/Vet/Disabled.
About Foley & Lardner Foley is an Am Law 50 law firm consistently ranked among top-tier practices. With over 1,100 lawyers in 26 offices across the United States, Mexico, Europe, and Asia, our market‑leading platform includes Corporate, Intellectual Property, and Litigation. Adding depth to our bench strength, we focus on four primary sectors: Energy, Health Care & Life Sciences, Innovative Technology, and Manufacturing. We look beyond the law to focus on the constantly evolving demands facing our clients and act as trusted business advisors to deliver creative, practical, and effective solutions.
For nearly two centuries, Foley has maintained its commitment to the highest level of innovative legal services and to the stewardship of our people, firm, clients, and the communities we serve. While respecting our roots, we’re also continuously looking to modernize all aspects of our business and elevate who we are and what we do, which keeps us focused on the future.
#J-18808-Ljbffr