Federal Tax Services Intern – Winter 2027 - RSM Iowa City

Role Overview

As a Federal Tax Services Intern at RSM in Iowa City, you will be an integral part of a dynamic team dedicated to providing exceptional professional services to middle market clients. This internship offers a unique opportunity to gain hands-on experience in a variety of tax specialty areas and contribute to real-world projects. You will work alongside experienced professionals, expand your knowledge of tax regulations, and develop valuable skills that will set you up for a successful career in tax services.

A Day in the Life

Your day-to-day responsibilities as a Federal Tax Services Intern may include:

• Collaborating with team members on diverse tax projects, 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.
• Conducting tax planning and research to support client needs.
• Assisting in the preparation of federal, state, and local tax returns.
• Learning and applying tax regulations and accounting pronouncements.
• Gathering and organizing client data and financial information.
• Participating in team meetings and contributing to discussions.
• Developing your understanding of tax law and industry best practices.

Why Iowa City?

Iowa City offers a vibrant and welcoming environment for young professionals. As a university town, it boasts a lively cultural scene, diverse dining options, and numerous opportunities for entertainment and recreation. The cost of living in Iowa City is reasonable, making it an attractive place to live and work. Moreover, Iowa City is strategically located, providing easy access to other major cities in the Midwest.

Career Path

This internship serves as a springboard for a rewarding career at RSM. Successful interns may have the opportunity to transition into full-time positions after graduation. RSM offers a well-defined career path for tax professionals, with opportunities for advancement into roles such as Tax Associate, Senior Tax Associate, Manager, and beyond. The firm also supports ongoing professional development and encourages employees to pursue certifications such as the CPA.

Salary and Benefits

RSM offers a competitive internship salary, commensurate with your qualifications and experience. In addition to the base salary, you will also have access to a comprehensive benefits package, including:

• Paid time off (PTO)
• Paid holidays
• Access to professional development resources
• Employee assistance program (EAP)
• Networking opportunities

RSM Culture

At RSM, we pride ourselves on fostering a culture of collaboration, innovation, and inclusivity. We are committed to creating an environment where our people feel valued, respected, and empowered to reach their full potential. We believe that our exceptional people are the key to our success, and we invest in their growth and development. You will find that RSM is a place where you can build meaningful relationships, make a difference in the lives of our clients, and advance your career.

How to Apply

If you are interested in applying for the Federal Tax Services Intern position in Iowa City, please submit your resume and cover letter through our online application portal. Be sure to highlight your relevant skills, qualifications, and experiences. We encourage you to also include a brief statement outlining your career goals and why you are interested in working at RSM.

FAQ

1. What are the key responsibilities of a Federal Tax Services Intern?

   The key responsibilities include assisting with tax planning and research, preparing tax returns, understanding tax regulations, and working on various tax specialty areas.

2. What qualifications are required for this internship?

   The basic qualifications include completing 90 credit hours, working towards a B.A. / B.S. degree in Accounting, and having access to reliable transportation for client visits. A minimum 3.0 GPA is preferred.

3. What skills are considered preferred for this role?

   Preferred skills include excellent written and verbal communication skills, strong computer skills (especially Microsoft Excel), and the ability to work effectively on a team in a fast-paced environment.

4. Will I have the opportunity to work on different types of tax projects?

   Yes, you will work on a variety of tax specialty areas, including accounting for income taxes, corporate taxation, individual taxation, and more.

5. Is there a possibility of a full-time offer after the internship?

   Successful interns may be considered for full-time positions after graduation, based on performance and business needs.

6. Does RSM provide training for interns?

   Yes, RSM provides training and development opportunities to help interns expand their knowledge and skills.

7. What is the work environment like at RSM?

   RSM fosters a collaborative and inclusive work environment where employees are valued and supported.

8. How does RSM support diversity and inclusion?

   RSM is committed to diversity and inclusion and does not tolerate discrimination or harassment based on race, color, religion, sex, national origin, or other protected characteristics.

9. What kind of mentorship or guidance can I expect during the internship?

   You will receive guidance and mentorship from experienced professionals who will help you develop your skills and navigate your career path.

10. How can I request an accommodation if I have a disability?

    You can request an accommodation by calling 800-274-3978 or sending an email to careers@rsmus.com.