Federal Tax Services Intern – Winter 2027

Are you an accounting student looking to gain real-world experience in the exciting field of tax? RSM's Federal Tax Services Internship in Davenport, Iowa, offers a unique opportunity to work alongside experienced professionals, contributing to diverse projects and developing valuable skills that will set you up for a successful career. As the leading provider of professional services to the middle market globally, RSM empowers its clients and people to realize their full potential in a world of constant change. This internship is your chance to be part of that mission.

Role Overview

As a Federal Tax Services Intern, you'll be immersed in various aspects of tax, working on a team that tackles everything from corporate taxation to individual taxation. You'll contribute to tax planning, conduct research, and assist in preparing federal and state tax returns. This role offers a comprehensive overview of the tax landscape, providing you with invaluable hands-on experience.

A Day in the Life

What can you expect on a typical day? Here's a glimpse:

• Collaborating with team members on tax projects.
• Conducting research on specific tax issues.
• Preparing initial drafts of tax returns.
• Analyzing financial data to support tax planning.
• Attending client meetings (when possible).
• Learning about different industries and their unique tax challenges.
• Expanding your knowledge of tax regulations and accounting pronouncements.

Why Davenport, Iowa?

Davenport, Iowa, offers a unique blend of small-town charm and big-city opportunities. As part of the Quad Cities, Davenport boasts a vibrant cultural scene, affordable living, and a strong sense of community. This location provides a supportive environment for interns to thrive, both personally and professionally. The Quad Cities area has a diverse economy with strengths in manufacturing, agriculture, and healthcare, providing a wide range of opportunities for RSM and its clients. The cost of living is also attractive compared to larger metropolitan areas.

Career Path

This internship can be the first step in a rewarding career at RSM. Many of our interns transition into full-time positions after graduation. RSM is dedicated to providing opportunities for growth and advancement. Here's a potential career path:

• Intern: Gain foundational knowledge and practical skills.
• Associate: Continue developing expertise and take on more responsibility.
• Senior Associate: Lead projects and mentor junior team members.
• Manager: Oversee multiple engagements and manage client relationships.
• Senior Manager: Develop business and provide strategic guidance.
• Partner: Lead the firm and drive growth.

Salary & Benefits

While specific salary information for internships can vary, RSM offers a competitive compensation package. In Davenport, Iowa, a winter intern in Federal Tax Services can typically expect an hourly wage that translates to an annual equivalent in the range of $50,000 to $65,000. This is in line with similar positions in the area. Beyond compensation, RSM provides a comprehensive benefits package that includes:

• Health, dental, and vision insurance.
• Paid time off and holidays.
• 401(k) plan with company match.
• Employee assistance program.
• Disability and life insurance.
• Flexible work arrangements.

You can learn more about RSM's total rewards at https://rsmus.com/careers/working-at-rsm/benefits.

RSM Culture

RSM stands out because of its exceptional people, unrivaled culture, and talent experience. The company is committed to creating an environment that inspires and empowers employees to thrive both personally and professionally. RSM values diversity and inclusion, ensuring that all employees feel valued and respected. The firm fosters a collaborative and supportive environment where employees can learn from each other and grow their careers. RSM's culture promotes a healthy work-life balance, offering flexibility and resources to help employees manage their personal and professional lives effectively. RSM actively engages with the community, encouraging employees to volunteer and make a difference. RSM’s commitment to integrity, teamwork, and excellence makes it a great place to work. The firm invests in its employees' professional development, providing training, mentorship, and opportunities for advancement.

How to Apply

Ready to launch your career in tax? Here's how to apply for the Federal Tax Services Internship:

1. Visit the RSM careers website.
2. Search for the Federal Tax Services Intern position in Davenport, Iowa.
3. Create an account or log in to your existing account.
4. Complete the online application form.
5. Upload your resume and cover letter.
6. Submit your application.

Don't miss out on this opportunity to gain valuable experience and kickstart your career with RSM!

FAQ

1. What are the key responsibilities of a Federal Tax Services Intern? The intern will assist with tax planning, research, and preparation of federal and state tax returns, working on a team that focuses on various tax specialty areas.
2. What qualifications are required for the internship? Candidates should have completed 90 credit hours, be working towards a B.A. / B.S. degree in Accounting from an accredited university, and have access to reliable transportation. A minimum 3.0 GPA is preferred.
3. What skills are important for success in this role? Excellent written and verbal communication skills, strong computer skills (especially Microsoft Excel), the ability to work effectively on a team, and the ability to multitask in a fast-paced environment are essential.
4. What are the benefits of interning at RSM? RSM offers a competitive compensation package, flexibility in schedule, professional development opportunities, mentorship programs, and exposure to diverse tax areas.
5. What is the company culture like at RSM? RSM has an inclusive, collaborative, and supportive culture, promoting work-life balance and providing opportunities for growth and advancement.
6. Is there potential for full-time employment after the internship? Yes, many RSM interns transition into full-time positions after graduation.
7. How do I apply for the internship? You can apply through the RSM careers website by searching for the Federal Tax Services Intern position in Davenport, Iowa.
8. What is the dress code for interns at RSM? RSM typically follows a business casual dress code.
9. Are there opportunities for networking during the internship? Yes, interns have the opportunity to network with experienced tax professionals and other interns.
10. What kind of training is provided to interns? RSM provides training on tax regulations, accounting pronouncements, and firm policies and procedures.