Tax Accounting Intern

Job Description

Income Tax Accounting Intern | Love’s Travel Stops

The Tone:
This is an internship at Love’s Travel Stops, located in Oklahoma City, OK. Love’s builds a vast network of travel stops and related businesses, offering essential services to travelers and professional drivers. This role is crucial for assisting the accounting department with day-to-day tax functions, ensuring accurate financial reporting and compliance. Interns gain valuable hands-on experience by contributing directly to income tax return preparation and financial analysis, which is vital for the company’s financial health.

The TL;DR
• Role: Internship
• Location: In-person Oklahoma City, OK

• Team: Accounting Department
• Mission: Assist the accounting department in day-to-day accounting functions and in developing reports and analyzing project trend lines.
• Tech Stack: Microsoft Office

What You’ll Actually Do
• Tax Return Preparation: Prepare income tax returns as well as quarterly estimates as needed.
• Audit Assistance: Assist with IRS and state audits.
• Fixed Asset Review: Review fixed assets for tax purposes, assuring proper tax life and method selection and reviewing tangible property regulations to maximize annual depreciation or deduction.
• Tax Savings Research: Help identify tax savings opportunities throughout the tax return process, including state income tax and credit research.
• Process Improvement: Assist with process improvement and efficiencies across the tax function.

The Must-Haves
• Background: Entry-Level, currently enrolled in a four-year university program, at a sophomore level or above, pursuing a Bachelor’s or Master’s Degree in Accounting or Finance. A 3.25 GPA is required.
• Experience: Completed Accounting I and II coursework.
• Skills: Keen attention to detail, strong oral and verbal communication skills, organization skills, and team player.
• Bonus: Past internship experience is a plus.