Primary responsibilities include preparation of Federal and state income taxes and assisting with the preparation of GAAP income tax provision for the 10-Q and 10-K. Duties include preparation of estimated tax payments, tax research, maintenance of tax fixed assets and intangibles, state apportionment, and analysis of book vs tax differences for computing deferred taxes. In addition, this position will provide accounting support to the Tax Manager for monthly, quarterly and annual close responsibilities.
Essential Duties and Responsibilities
Major Duties and Responsibilities:
Assist with quarterly income tax provision for Nexstar and other consolidated entities.
Assist with preparation of quarterly estimated income tax payments for Nexstar and other consolidated entities.
Preparation of Federal and state tax returns for multiple legal entities.
Preparation of monthly close reconciliations
Prepare tax workpapers and schedules for external tax compliance firm for use in the annual income tax filings for both Federal and state tax returns.
Maintain tax basis fixed asset and intangible asset schedules.
Prepare and analyze state apportionment schedules.
Review and/or analyze general ledger accounts related to income tax including tax payable, deferred tax asset, deferred tax liability, income tax expense, and reserve for uncertain tax positions.
Assist with tax audit and tax notice responses.
Assist with tax research for emerging issues.
Assist with other tax related projects impacting the company (i.e. Franchise taxes, revenue-based taxes, and other quarterly / annual tax filings.)
Undertake special financial projects as directed by Director of Tax.