Licensed tax consultant vs tax associate

Differences between licensed tax consultant and tax associate duties and responsibilities

Licensed tax consultant example responsibilities.

• Manage the training and use of new FactSet products and enhancements with various client bases including portfolio management and performance teams.
• Review FSAR changes relate to 10 CFR 50.59 requirements.
• Perform property inspections of commercial properties and create inspection reports illustrating the physical characteristics of say properties for assessment appeals purposes.
• Gain knowledge of accounting principals, taxation policies and income tax procedures.
• Perform monthly accounting for various entities including partnerships, s-corporations, trusts and foundations

Tax associate example responsibilities.

• Provide tax planning and preparation services for corporate, individual and high net-worth clients of this midsize CPA firm.
• Implement process to identify and prepare the balances for W2 purposes at year end.
• Prepare customer taxes from w-2's and other tax information, answer phones, print checks, filing
• Resolve a major system problems with split process level errors so employee W2's and companies returns are correct.
• Respond to inquiries from the IRS and other tax authorities regarding reconciliation of filings, liabilities, and other associate matters.
• Advise clients on questions they have pertaining to their tax liabilities and ensure that they are compliant to the IRS regulations.
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