Tax Intern

Job Description

About KPMG

KPMG is a global network of professional services firms providing audit, tax and advisory services. They are one of the world’s top tax firms, known for their dynamic team environment, collaborative and future-forward culture, and commitment to empowering their employees’ success.

KPMG boasts an extensive network of specialists and access to Ignition Centers, where deep industry knowledge combines with cutting-edge technologies to create innovative tax solutions. They offer a diverse team environment where individuals help high-profile clients understand, analyze and respond to complex business opportunities and challenges. KPMG is committed to investing in its people, offering opportunities for career development through a range of multifaceted engagements, formal training, and informal mentoring.

Tax Intern – State & Local Tax (SALT) Practice

Job Description:

As a Tax Intern in KPMG’s State & Local Tax (SALT) practice, you will be an integral part of a multi-disciplinary team focused on delivering transaction-related tax due diligence and acquisition structuring services to buyers and sellers. You will be responsible for:

• Advising clients: Providing advice to private equity and commercial clients on transaction-related SALT matters pertaining to mergers and acquisitions (M&A).
• Identifying and assessing SALT exposures: Identifying and estimating historical and current SALT exposures related to:
• Income tax
• Indirect taxes (sales/use tax, gross receipts tax, franchise tax, employment tax)
• Unclaimed property
• Identifying SALT opportunities: Identifying SALT opportunities related to acquisition or disposition structuring steps.
• Research and analysis: Researching tax laws and forming positions on the application of such laws to specific facts presented during the transaction. Staying current on state and local tax legislative, judicial and administrative developments.
• Post-transaction integration: Identifying and delivering/supporting post-transaction integration opportunities and developing new client relationships with newly acquired business entities.
• Drafting and reviewing documentation: Drafting due diligence reports and/or memorandums capturing areas of risk and addressing the application of law to facts. Reading and drafting comments on transaction-related documents (e.g., purchase agreements, acquisition structure deck, 100 Day Plan, etc.) based on information obtained during tax due diligence and other transaction-related services.
• Developing technological skills: Building capabilities in key technologies that enable tax professionals for client service delivery, such as:
• Artificial intelligence (AI)
• Alteryx
• Power BI

Qualifications:

• Must be enrolled in an accredited college or university and pursuing a JD or equivalent program.
• Must have additional academic credits to complete before obtaining their degree and/or CPA eligibility requirements upon completion of the internship.
• Preferred GPA of 3.0 or above.
• Strong tax research skills.
• Demonstrated quality service mindset.
• Strong technical aptitude, critical thinking skills and ability to navigate MS Office applications including Excel, PowerPoint, Word and Outlook.
• Excellent communication, organization, time management and leadership skills.
• Flexible and adaptable team player; resourceful in delivering high-quality work.
• Ability to learn and navigate technologies such as artificial intelligence (AI), Alteryx and Power BI.
• Must reside within a reasonably commutable distance to the office and be able to travel to reasonably commutable work locations using own means of transportation.
• Ability to travel and/or work on-site at client premises as needed, at times with relatively short notice.
• Must be authorized to work in the U.S. without the need for employment-based visa sponsorship.

KPMG will not sponsor applicants for U.S. work visa status for this opportunity.