Job Information
UNIVERSITY OF TEXAS AT AUSTIN Financial Analyst in Austin, Texas
Identify, calculate withholding, report and track state tax compliance for employees working outside Texas. Submit state tax deposits and file semi-weekly, monthly, quarterly and annual reports and returns with various state tax authorities.Communicate with employees regarding state related deductions and correct over/under withholding of state taxes occasioned by work location and residence address changes.Research and monitor changes to all relevant state and local tax policy and rule changes throughout the year to ensure that the university remains in compliance.Assist with testing and review of annual federal and state W-2s. This includes state specific electronic filing integration reports for W2 data for testing in Accuwage, state department platforms, collaborating with programmers, and assisting with related reviews as needed.Assist in preparing various federal reports such as IRS Forms 1099-MISC, 1099-NEC, 1099-INT, 1099-K, 1042-S, 990-T and workpapers. This includes preparing data for club dues paid on employees' behalf by the university, assisting with reviewing data from various accounting systems, and other reviews as needed.Assist with maintaining updated university processes, policies and procedures related to tax reporting and payments on the internal wiki page, university-wide FAQs, and the Handbook of Business Procedures.Other related functions as assigned including back-up and support of the other team member functions during absences, vacancies, and during time critical periods.