Tax Accountant Duties & Responsibilities

The role and function of a Tax Accountant includes the following duties and responsibilities:

  • Prepare tax payments
  • Estimate and track tax returns
  • Complete quarterly and annual tax reports
  • Organize and update the company’s tax database
  • Recommend tax strategies that align with business goals
  • Prepare necessary paperwork for tax payments and returns
  • Share financial data with the accounting department
  • Identify tax savings and suggest ways to increase profits
  • Follow industry trends and track changes related to taxes
  • Liaise with internal and external auditors
  • Forecast tax predictions to senior managers

Note that this is not an exhaustive list of Tax Accountant duties and responsibilities. Job functions for specific Tax Accountant roles may vary, depending on the industry and type of employer.