How to answer this Technical interview question about Tax Filing for Entry-Level Tax Accountant?

What steps would you take to prepare an accurate and timely tax return for a client?

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Tax Accountant

Technical

Asked at

Ernst & Young

Difficulty :

Easy

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Explanation

This question evaluates your ability to manage tax filing processes efficiently and accurately. Recruiters assess your organizational skills, attention to detail, and understanding of tax procedures. Common pitfalls include failing to address documentation or not explaining how you ensure accuracy. A strong answer includes organizing documentation, double-checking calculations, and meeting deadlines. Preparation involves understanding tax documentation requirements and filing procedures.

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Answer Example

I would start by gathering all necessary documentation, such as income statements, expense receipts, and prior-year tax returns. Next, I would input the data into tax preparation software and double-check calculations to ensure accuracy. Finally, I would submit the return well before the deadline to allow time for any adjustments. For example, I managed to file 50 client returns before the deadline last season with a 100% accuracy rate.

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