Tax Analyst

Foley & Lardner LLP•Chicago, IL

About The Position

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.

Requirements

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
Strong interpersonal communications with all levels of personnel

Nice To Haves

Prior experience with Sage Fixed Asset software desired
Prior experience with sales and use and personal property tax preferred

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