Tax Analyst

IRIS

6d • $45,000 - $50,000

About The Position

The Payroll Tax Analyst is responsible for ensuring accurate calculation, reporting, and compliance of payroll taxes at the federal, state, and local levels. This position will play a critical role in processing payroll tax filings, ensuring timely payments, resolving tax discrepancies and tax notices for multiple clients, and maintaining compliance with current payroll tax regulations.

Requirements

• Strong knowledge of payroll tax regulations (federal, state, and local).
• Proficiency in payroll systems and tax software
• Advanced Excel skills
• Strong attention to detail to ensure accuracy in payroll tax calculations and reporting.
• Ability to analyze tax-related data and resolve discrepancies.
• Clear communication skills to address tax issues with employees and management.
• Ability to meet strict deadlines, particularly during tax filing periods.
• Ability to work independently and as a team.
• Ability to manage multiple deadlines.
• Ability to proactively identify and resolve tax issues.

Nice To Haves

• Associate’s degree in accounting, Finance, or a related field, preferred
• 2-4 years of experience in payroll tax compliance or a related field, preferred

Responsibilities

• Ensure the accurate calculation, reporting, and payment of all federal, state, and local payroll taxes.
• Prepare and file payroll tax returns (941, 940, state unemployment, etc.) in a timely manner, ensuring compliance with deadlines.
• Process and reconcile payroll tax payments and ensure payments are made accurately and on time to the appropriate tax authorities.
• Perform monthly, quarterly, and annual reconciliations of payroll tax accounts, ensuring all discrepancies are identified and corrected.
• Assist with internal and external audits by preparing tax schedules and providing supporting documentation as needed.
• Monitor changes in payroll tax laws and regulations and ensure compliance with new requirements. Advise management of upcoming changes and their potential impact.
• Work with payroll software and systems to ensure payroll tax tables are updated and reflect current regulations.
• Assist with the preparation and filing of W-2s, 1099s, and other year-end payroll tax forms, ensuring accuracy and timeliness.
• Address and resolve payroll tax issues for employees, including answering questions about tax withholdings and filings.
• Identify and implement improvements to payroll tax processes and systems to enhance efficiency and accuracy.

Benefits

• Continuous learning and career development opportunities.
• A culture that celebrates diversity and empowers every individual.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: Associate degree