Specialist I, TaxAt — PDS Health

1. Learn basic tax treatment of S Corporations, Partnerships, and Individuals
2. Prepare and file tax returns and extensions for the above groups using Thomson Reuters OneSource
3. Maintain tax department data storage & retrieval systems
4. Draft responses to federal, state and local tax inquiries and audit requests as needed
5. Participation in special projects and presentations as needed
6. Bring forth ideas to improve processes and materials.
7. Other duties assigned by management including but not limited to Direct Tax assignments.

Tasks:

Compiling legal documents to build a case.
Building partner's basis and calculating the gain on sale of partnership interests.
Analyze prior year tax returns and current year income to calculate estimated tax payments.
Preparing tax extensions.

Training:

The student will participate in bi-weekly tax team meetings, day to day discussions and review of work that has been completed, one on one trainings to learn processes and procedures.

Learning Outcome:

By the end of the internship the student will be able to:
1. Recognize and prepare various aspects of the Federal Form 1040.
2. Understand and prepare partner's basis.
3. Prepare and understand quarterly tax payments and safe harbor requirements.