A tax accountant’s job is to assist his/her clients with the preparation and filing of their taxes. He or she must be able to prepare tax returns and reports, maintain records, analyse and research complex tax issues. A tax accountant must also analyse tax regulations, recommend policies that minimize the tax burden, and ensure compliance with state and federal regulations. They must also provide support during tax audits. A tax accountant must be able to work closely and professionally with a number of different clients ranging from those who simply do not want to be bothered to do their own taxes to those who do not know how to do their own taxes.
Many tax accountants work alone with their clients, in particularly difficult cases, may be required to work alongside additional accountants and/or associates. The job of a tax account is done entirely indoors in an office building or a similar setting. A tax account’s job is not physically demanding, but it is very mentally challenging. It requires the inspection, understanding, and tracking of many different numbers and expenditures with no room for miscalculations or errors. The hours and schedule of a tax accountant are routine and typically follow a standard business work week of eight hours a day, five days a week.
- Ensure compliance with state and federal regulations.
- Analyse tax regulations and recommend policies that minimize tax burden.
- Prepare tax returns and reports, maintain records, analyse and research complex tax issues.
- Provide support during audits.
- Must have finished schooling and college.
- Must have certifications to prove competence in the accounting process.