Administrative Skills, Corporate Tax, Depreciation, Documentation, Fixed Assets, General Ledger Accounting, Income Tax, Inside Sales, Outsourcing, Property Tax, Reconciliation, Regulatory Reports, Rentals, Request for Information (RFI), Sales, Sales Tax, Tax Accounting, Tax Regulations, Tax Reporting, Tax Returns, Use Tax
Responsibilities include but are not limited to:
Sales & Use Tax
- Sales & Use tax preparation and filings for all 50 states and various county & city jurisdictions.
- M Q A.
- Responsible for researching tax rates and taxability of various types of lease transactions.
- Evaluation of customer presented Exemption Certificates.
- Provide Proof of Sales Tax paid for customer audits.
- Prepare and Issue Highland Resale Certificates for all states and multi-state jurisdictional form.
Business Licenses
- File Business Licenses annually for states, counties, cities, new and renewals.
Tax Research
- Research tax implications of various lease transaction structures.
- Research Tax Regulations and Reporting requirements for all 50 states and county & city jurisdictions.
- Respond to internal sales force tax questions/issues via contact with appropriate jurisdiction.
- Handle any correspondence received from jurisdictions.
State Corporate Income & Franchise Tax
- Preparation of State Corporate Income Franchise Tax returns for Highland Capital Corp approximately 46 states.
- Preparation and Filing of Quarterly Estimate and Extension payments.
- Calculate Allocations Apportionments by State.
- Provide supporting documentation to VNB Corporate Tax Dept with regard to the NY & NJ returns.
- Prepare Book-to-Tax Rollforward file.
Federal Tax Support
- Preparation of data required of Valley Tax Department for purposes of filing the Highland Capital Corp 1120 return.
- Preparation of support for form 1120 M1 items:
- Depreciation on true leases and fixed assets
- Rentals on True leases
- Interest income deduction
- Non-accrual Income.
Secretary of State (SOS)
- Annual Reports: Responsible for Highlands registration with every states Secretary of State Department.
- Preparation of each states SOS Annual Reports.
Personal Property Tax
- Liaison between Highland and 3rd party outsource company Advance Property Tax Compliance Group (APTC).
- Provide details relating to Property Tax Charges for lessees requesting the information.
Tax Audits and General Tax Compliance
- HCC contact person for all Tax Auditors from various states (Sales & Use, State Corporate Income, Franchise).
General Ledger
- Insure that General Ledger tax accounts reconcile to tax return activity.