Tax advisor vs corporate tax preparer

Differences between tax advisor and corporate tax preparer duties and responsibilities

Tax advisor example responsibilities.

• Manage a staff of six for all aspects of tax compliance, tax accounting, research, planning and IRS audits.
• Provide payroll processing, invoicing and tax support services for small consulting business using QuickBooks software.
• Assist customers with IRS correspondence/notices.
• Advise companies on international taxation law and bilateral taxation recognition regimes to identify most cost effective strategies.
• Review domestic payroll reporting metrics, ensure home/host payments are updated and reconcile for timely submission and payment.
• Start job by assisting TurboTax user's on how to enter information into the TurboTax program.

Corporate tax preparer example responsibilities.

• Answer clients' accounting, QuickBooks, and tax concerns.
• Handle all sales, franchise, payroll, and income tax reporting requirements, as well as, relate accounting spreadsheets.
• Assist clients in responding to IRS letters.
• Assist the manager in computing estimate tax payments and extension requests for all subsidiaries base on apportionment factors.
• Reconcile and analyze various defer accounts and create necessary tax adjustments.
• Prepare individual tax returns in a timely manner-assist with account reconciliations for clients-help track basis for clients-update clients fix asset accounts
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