Overview

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.

 

Key Responsibilities:

Payroll Tax Compliance: Ensure the accurate calculation, reporting, and payment of all federal, state, and local payroll taxes.

Tax Filing: Prepare and file payroll tax returns (941, 940, state unemployment, etc.) in a timely manner, ensuring compliance with deadlines.

Tax Payments: Process and reconcile payroll tax payments and ensure payments are made accurately and on time to the appropriate tax authorities.

Wage and Tax Reconciliations: Perform monthly, quarterly, and annual reconciliations of payroll tax accounts, ensuring all discrepancies are identified and corrected.

Tax Audits: Assist with internal and external audits by preparing tax schedules and providing supporting documentation as needed.

Stay Current on Legislation: Monitor changes in payroll tax laws and regulations and ensure compliance with new requirements. Advise management of upcoming changes and their potential impact.

System Maintenance: Work with payroll software and systems to ensure payroll tax tables are updated and reflect current regulations.

Year-End Reporting: Assist with the preparation and filing of W-2s, 1099s, and other year-end payroll tax forms, ensuring accuracy and timeliness.

Employee Assistance: Address and resolve payroll tax issues for employees, including answering questions about tax withholdings and filings.

Process Improvements: Identify and implement improvements to payroll tax processes and systems to enhance efficiency and accuracy.

 

Technical Skills:

  – Strong knowledge of payroll tax regulations (federal, state, and local).

  – Proficiency in payroll systems and tax software

  – Advanced Excel skills

 

Key Competencies:

Detail-Oriented: Strong attention to detail to ensure accuracy in payroll tax calculations and reporting.

Analytical: Ability to analyze tax-related data and resolve discrepancies.

Communication: Clear communication skills to address tax issues with employees and management.

Time Management: Ability to meet strict deadlines, particularly during tax filing periods. Ability to work independently and as a team. Ability to manage multiple deadlines.

Problem Solving: Ability to proactively identify and resolve tax issues.

 

Qualifications:

Education: Associate’s degree in accounting, Finance, or a related field, preferred

Experience: 2-4 years of experience in payroll tax compliance or a related field, preferred

Salary: $45,000 – $65,000
Location: USA Remote

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