Question

In: Accounting

Why do you want to work as a tax documentation analyst and how does that align...

Why do you want to work as a tax documentation analyst and how does that align with your goals within the financial service industry?

Please be specific. Please use covid-19 as an example.

Solutions

Expert Solution

Answer:

Tax documentation analyst- Tax documentation analyst is a person who prepares all the tax returns and review the documents and maintains the accuracy in all the documents. He files the tax returns before the last date of federal and state tax. He prepares quarterly tax payments every three months and files these payments with proper documentations.

Tax documentation analysts plays an important role in financial service industry, they help people in determining their tax liability and process the taxation, documentation etc. They help people in this complex process, they save time and money of people. They review and process the tax claims (income tax, sales tax etc.). They also assist and manage tax audits.

Example: In COVID 19 situation, many countries have extended the date of filing the income tax return, in this case Tax documentation analysts help people to know their due dates for federal income tax, they also calculate the tax liability and proper documentation based on the current homw loan rates, deductions etc (special deductions and benefits in COVID 19 scenario).


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