Tax Analyst Duties & Responsibilities

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

  • Tax analysts prepare all tax returns and review the documents for accuracy.
  • Tax analysts file tax returns before federal and state tax deadlines.
  • Tax analysts prepare quarterly tax payments every three months and file these payments with the appropriate corresponding paperwork.
  • Tax analysts make recommendations about tax returns regarding tax breaks, expenses, deductions, and other ways to save on tax payments.
  • Tax analysts stay up to date on all tax laws and changes.
  • Tax analysts calculate taxes owed, savings gained through deductions, and expenses that affect final tax estimates.

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