Tax Accountant II

Timely preparation of federal/state/local corporate income tax returns, estimated tax forms & extensions in accordance with the laws & regulations of each taxing jurisdiction in which Staples and its Subsidiaries conducts business. Assist in the preparation of accounting for corporate income taxes per the SFAS 109, Accounting for Income Taxes. Participation in the income tax audit process, both state and federal. This position deals with a variety of Staples' personnel, as well as external income tax auditors. Income Tax Compliance- Review of trial balances and preparation of bridge files for uploading. Analysis of transactions and final results needed to calculate annual book/tax differences. Preparation of thorough and accurate work-papers to be included in the permanent tax return preparation files. Interview various accounting personnel to gain an understanding of transactional issues that may impact Staples' corporate tax return. Initial preparation of apportionment and allocation work-papers to be input into the tax software. Extensive use of integrated tax software package. Processing of all required tax filings. Financial Accounting for Income Taxes - Assist in the preparation of the accounting for income tax process. Participation in the calculation of federal/state/local current and deferred income tax expense, valuation allowances and balance sheet account balances in accordance with Statement of Financial Accounting Standards No. 109, Accounting for Income Taxes. Assist with the identification of the types and amounts of book income and expense that are currently taxable or deductible due to different income recognition and deduction methodologies for tax purposes. Income Tax Audits and Tax Notices- Primary interface on state and local income tax audits. Assist in gathering data and reports necessary to fulfill IRS document requests. Research and preparation of technical memoranda supporting tax technical positions taken on tax returns. Assist in the preparation of responses to tax notices received from various taxing jurisdictions. Planning and Special Projects- Participate, as requested, in the ongoing development and implementation of tax planning strategies. Respond to requests from internal and external business partners and taxing authorities. Preparation of calculations and planning models that facilitate the review of alternative courses of action. Preparation of quarterly account analysis for various tax accounts. Other tasks as needed. Estimated Tax Payments - Calculation of quarterly estimated tax payments as well as the annual extension payments. This includes preparation of tax payment vouchers, check requests and ACH payment forms. Qualifications Bachelor's Degree in accounting or finance required One to three years related work experience Demonstrated ability to learn new software applications High proficiency with computers a must Good oral and written communication skills required Flexibility and positive attitude Apply