Federal Credits and Incentives Tax Intern - Summer 2027

Role Overview

Are you an accounting student looking for a challenging and rewarding internship? Do you want to gain hands-on experience in the field of federal credits and incentives tax? If so, RSM is the place for you! As the leading provider of professional services to the middle market globally, RSM empowers clients and people to realize their full potential. As a Federal Credits and Incentives Tax Intern, you will be an integral part of a dynamic team, working on a variety of tax projects and gaining valuable experience in a fast-paced environment.

A Day in the Life

As a Federal Credits and Incentives Tax Intern, your day-to-day responsibilities will include:

• Working on a team that focuses on a wide range of tax specialty areas including accounting for income taxes, accounting methods and periods, corporate taxation, federal credits and incentives, individual taxation, mergers and acquisitions, pass-through entity taxation, private client services, and not for profit organizations
• Completing tax planning and research
• Preparing federal and state & local tax returns
• Understanding tax regulations and accounting pronouncements
• Gathering financial data for tax return preparation
• Assisting in identifying potential tax credits and incentives
• Maintaining organized tax records and documentation
• Communicating effectively with team members and clients
• Participating in training and development activities
• Adhering to RSM's quality control standards
• Contributing to a positive team environment

Why Minneapolis, Minnesota?

Minneapolis is a vibrant city with a thriving economy and a high quality of life. It's a great place to start your career, with plenty of opportunities for professional growth. Minneapolis is home to a diverse range of businesses, including many Fortune 500 companies. The city also has a strong arts and culture scene, with numerous museums, theaters, and music venues. Additionally, Minneapolis boasts beautiful parks and lakes, providing ample opportunities for outdoor recreation.

Career Path

An internship with RSM is a great way to launch your career in tax. Many of our interns go on to become full-time employees after graduation. As a full-time employee, you will have opportunities to advance your career through training, development, and mentorship programs. RSM is committed to helping its employees reach their full potential.

Salary and Benefits

RSM offers a competitive compensation and benefits package for all of our people. Intern salaries are competitive and commensurate with experience and qualifications. Benefits include:

• Health insurance
• Dental insurance
• Vision insurance
• Paid time off
• Paid holidays
• 401(k) retirement plan
• Employee assistance program
• Life insurance
• Disability insurance
• Flexible work schedule
• Opportunities for professional development

RSM Culture

RSM has a unique culture that fosters collaboration, innovation, and personal growth. We are committed to creating an inclusive environment where everyone feels valued and respected. At RSM, you'll find an environment that inspires and empowers you to thrive both personally and professionally. There’s no one like you and that’s why there’s nowhere like RSM.

How to Apply

To apply for the Federal Credits and Incentives Tax Intern position, please submit your resume and cover letter through the RSM careers website. We encourage you to highlight your relevant skills and experience, as well as your interest in tax.

Frequently Asked Questions

1. What are the basic qualifications for the internship?

   The basic qualifications include completion of 90 credit hours, working towards a B.A. / B.S. degree in Accounting or equivalent from an accredited university, and access to reliable transportation to travel to client locations. A minimum 3.0 GPA is preferred.

2. What are the preferred qualifications?

   Preferred qualifications include excellent written and verbal communication skills, strong computer skills including proficiency in Microsoft Excel, and the ability to work effectively on a team and multitask in a fast-paced environment.

3. What will I be doing as a Federal Credits and Incentives Tax Intern?

   You will be working on a team that focuses on a wide range of tax specialty areas, completing tax planning and research, preparing federal and state & local tax returns, and understanding tax regulations and accounting pronouncements.

4. Will I have the opportunity to learn and grow at RSM?

   Yes, RSM is committed to providing its employees with opportunities for professional development. You will have access to training, mentorship programs, and networking opportunities.

5. Is RSM an inclusive employer?

   Yes, RSM is an equal opportunity employer and is committed to providing reasonable accommodations for applicants with disabilities.

6. What kind of impact can I make as an intern?

   As an intern, you'll contribute directly to client projects, helping them navigate complex tax landscapes and optimize their financial outcomes. Your insights and support will be valuable in delivering exceptional service.

7. How does RSM support work-life balance for interns?

   RSM prioritizes flexibility, allowing interns to balance academic and personal commitments alongside their work. This approach promotes well-being and helps interns gain valuable experience without sacrificing other important aspects of their lives.

8. Are there opportunities for social interaction and networking with other RSM professionals?

   RSM offers numerous opportunities to connect with professionals across various departments through social events, team-building activities, and mentoring programs, fostering a collaborative and supportive work environment.

9. What is the potential for this internship to lead to a full-time position at RSM?

   A successful internship can serve as a direct pathway to full-time employment at RSM. Interns who demonstrate strong performance and a commitment to RSM's values often receive offers for permanent positions upon graduation.

10. What types of projects will I be involved in?

    As a Federal Credits and Incentives Tax Intern, you can expect to work on projects involving research and analysis of tax laws, documentation for tax credits, client communication, and supporting senior team members with compliance and planning strategies.

We look forward to receiving your application!