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363 Route 46 West, Building 1, Fairfield, New Jersey 07004

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453 Route 46, Suite 5, Hackettstown, New Jersey 07840

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Job Details

Senior Tax Preparer January 2, 2025

C546

Located in Clinton, NJ

Job Full Description

A Senior Tax Preparer is an experienced professional who specializes in preparing tax returns for individuals, businesses, or organizations. They typically have a deep understanding of tax laws and regulations, and they often work with complex financial situations. Here’s a breakdown of what a Senior Tax Preparer does:

Key Responsibilities:

  1. Tax Return Preparation:

    • Prepare federal, state, and local tax returns for individuals, corporations, partnerships, and other entities.
    • Ensure compliance with all tax regulations and laws.
    • Review tax documents and identify potential deductions, credits, and strategies for minimizing taxes.

  2. Client Interaction:

    • Meet with clients to gather necessary financial information.
    • Advise clients on tax-saving strategies, such as deductions, credits, and investments.
    • Answer client queries about tax laws, liabilities, and refunds.

  3. Tax Planning:

    • Assist clients in tax planning to help minimize their tax burden for future years.
    • Work with clients on long-term strategies, such as retirement planning, investments, and business structuring.

  4. Research:

    • Stay up to date with the latest changes in tax laws and regulations.
    • Research tax issues and resolve complex tax situations that arise.

  5. Review and Quality Control:

    • Review the work of junior tax preparers, ensuring that tax returns are accurate and complete.
    • Provide guidance and mentorship to less experienced team members.

  6. Audit Support:

    • Provide assistance if a client is audited by the IRS or other tax authorities.
    • Gather and organize documentation to support tax filings.

Required Skills and Qualifications:

  • Education: Typically requires a bachelor’s degree in accounting, finance, or a related field.
  • Certifications: Many senior tax preparers hold certifications such as Certified Public Accountant (CPA) or Enrolled Agent (EA), which are often required for more advanced tax preparation.
  • Experience: Significant experience (often 3-5 years or more) in tax preparation and accounting.
  • Knowledge: Extensive knowledge of federal, state, and local tax laws, tax preparation software, and financial reporting.

Soft Skills:

  • Strong analytical and problem-solving skills.
  • Excellent communication skills to explain tax issues to clients.
  • Detail-oriented, as accuracy is crucial in tax preparation.
  • Ability to manage multiple tasks and deadlines efficiently.

Work Environment:

  • Senior Tax Preparers often work in accounting firms, tax consulting firms, or as part of an in-house finance team for larger organizations.
  • Many work seasonally, especially during tax season (January-April), but full-year positions may also be available for ongoing tax planning and consultations.

In summary, a Senior Tax Preparer plays a vital role in ensuring accurate tax filings, strategic tax planning, and guiding clients through complex tax situations. They combine technical knowledge with interpersonal skills to provide valuable financial insights.

Parsippany, NJ
1304
453 Route 46
Suite 5
Hackettstown, NJ 07840

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