University of South Florida Libraries · 4 hours ago
Tax Compliance Analyst
Tampa, FL
Full-time
Onsite
Mid Level
$58K/yr - $65K/yr
4+ years expThe University of South Florida Libraries is seeking a Tax Compliance Analyst to assist the University Tax Director with tax compliance needs. The role involves working with tax reporting systems, interpreting IRS regulations, and collaborating with university departments to ensure compliance with tax laws.
Higher Education
Responsibilities
Assists team responsible for processing payments to non-US citizens with various issues and assists with developing processes and procedures as needed. Include assisting with reconciling taxes withheld from university payments to IRS deposits and amounts reported on IRS Forms 1042 and 1042S
Gathers and analyzes university department unrelated business income tax workpapers, and recommends updates to comply with federal and state tax laws and regulations. Compiles report of university revenue generating activities and documents university tax positions. Performs UBI research. Prepares federal IRS Form 990-T and state FL Form F-1120 unrelated business income tax returns and additional supporting workpapers
Gathers information, prepares initial research and drafts recommendations on various tax implications of university transactions including but not limited to unrelated business income tax, sales tax. non-resident alien, independent contractor vs employee determinations, scholarship/ fellowship vs compensation and other determinations. Prepares tax training guidance and participates in presentations for university departments as needed
Participates in university revenue generating contract and sponsorship agreement reviews
Assists with updates needed to online business processes. Attends university tax conferences and tax peer group meetings. Participates in peer discussions and meetings
Performs other duties as assigned
Qualification
Required
Bachelor's degree in Accounting
Degree Equivalency Clause: Four years of direct experience for a bachelor's degree
Senate Bill 1310 – The Florida Senate is conditional upon meeting all employment eligibility requirements in the U.S
SB 1310: Substitution of Work Experience for Postsecondary Education Requirements
A public employer may include a postsecondary degree as a baseline requirement only as an alternative to the number of years of direct experience required, not to exceed: (a) Two years of direct experience for an associate degree; (b) Four years of direct experience for a bachelor's degree; (c) Six years of direct experience for a master's degree; (d) Seven years of direct experience for a professional degree; or (e) Nine years of direct experience for a doctoral degree
Related work experience may not substitute for any required licensure, certification, or registration required for the position of employment as established by the public employer and indicated in the advertised description of the position of employment
Minimum Qualifications that require a high school diploma are exempt from SB 1310
Preferred
Masters in Accounting (preferred), tax specialization with a CPA (preferred)
Minimum 2 years university tax or comparable public accounting/ other tax experience (preferred)
Benefits
Medical, dental and life insurance plans
Retirement plan options
Employee and dependent tuition programs
Generous leave
Hundreds of employee perks and discounts
Company
University of South Florida Libraries
The University of South Florida Libraries accelerate learning and knowledge production through distinctive collections, information service innovation, and thought leadership.
51-200 employees
Funding
Current Stage
Growth StageCompany data provided by crunchbase