Tax Specialist

This is a fully remote position, open to applicants in Alabama, +25 more states.

📋 Description

• Execute daily accounting tasks associated with program operations.

• Prepare and submit necessary payroll taxes and tax reports.

• Create journal entries and conduct reconciliations.

• Carry out monthly bookkeeping and reconcile general ledger accounts with billing records, tax reports, or bank statements.

• Investigate state-specific regulations regarding employer and employee tax enrollment.

• Formulate procedures to ensure ongoing compliance with both state and federal payroll tax laws and regulations.

• Register Palco with state and federal authorities to recognize individuals as new employers and facilitate timely tax and labor reporting.

• Keep client tax accounts in good standing.

• Supervise the establishment of individuals as the employer of record with state and federal agencies.

• Track agent appointment letters and tax identification number assignments.

• Research, compile, and develop protocols for new state-specific tax-reporting processes.

• Submit tax deposits and reports, including SUTA, state income tax reports and reconciliations, IRS Forms 941 and 940, W-2, W-3, 1099, and 1096.

• Ensure timely payment of taxes, garnishments, and other liabilities.

• Reconcile workers’ compensation policies and provide data for annual insurance audits.

• Project workers’ compensation and other tax expenses for budgeting purposes.

• Assist with audits, reviews, year-end closings, and preparation of tax reports.

• Produce regular accounting-related reports.

• Document accounting procedures thoroughly.

• Uphold confidentiality of records.

• Suggest process enhancements.

• Conduct periodic data quality assessments.

⛳️ Requirements

• Minimum of 3 years of experience in bookkeeping, accounting, or processing.

• Proficient understanding of payroll, payroll taxes, general ledgers, and accounting or bookkeeping practices.

• Competence in using accounting software.

• Proficient in Microsoft Excel.

• General computer skills are necessary.

• Ability to analyze data and interpret regulations.

• Capability to draw logical conclusions and provide solutions for unique scenarios.

• Self-motivated individual willing to take ownership of processes.

• Effective verbal and written communication skills.

• A 4-year college degree in a business-related field is preferred; accounting majors are highly regarded.

🏝️ Benefits

• Generous paid time off.

• Annual bonus potential.

• Support for retirement savings.

• Opportunities for career advancement.

• Paid training programs.

• Access to internal and external learning opportunities.

• Shared health insurance costs covered by the employer.

• Employer-funded disability insurance.

• Employer-funded life and AD&D insurance.

• Vision insurance.

• Cancer insurance.

• Voluntary life insurance options.

• Remote work environment available.

• Paid holidays.

• Emphasis on work/life balance.

• Collaborative company culture.

• Commitment to a diversity-focused workplace.