Federal Tax Services Intern - Summer 2027

Role Overview

As a Federal Tax Services Intern at RSM in Schaumburg, Illinois, you will be an integral part of a team dedicated to providing top-tier professional services to middle market clients. This internship offers a unique opportunity to gain hands-on experience in various tax specialty areas, including accounting for income taxes, corporate taxation, and private client services. You will work closely with experienced professionals, contributing to tax planning, research, and the preparation of federal and state tax returns. This role is designed to provide you with a comprehensive understanding of tax regulations and accounting pronouncements, setting a strong foundation for your future career in tax services.

A Day in the Life

Your typical day as a Federal Tax Services Intern might involve:

• Collaborating with team members on tax projects.
• Conducting research on tax laws and regulations.
• Preparing tax returns and related documentation.
• Analyzing financial data to identify tax planning opportunities.
• Participating in client meetings and discussions.
• Assisting with the preparation of tax reports and presentations.
• Learning about various tax software and tools.
• Staying up-to-date with changes in tax legislation.
• Contributing to a positive and collaborative team environment.
• Completing administrative tasks related to tax engagements.

Why Schaumburg, Illinois?

Schaumburg, Illinois, offers a vibrant and dynamic environment for young professionals. Located in the northwest suburbs of Chicago, Schaumburg boasts a thriving business community, diverse cultural attractions, and a high quality of life. The city is home to numerous corporate headquarters, providing ample opportunities for networking and career growth. Schaumburg also offers a wide range of recreational activities, including parks, shopping centers, and entertainment venues. Its proximity to Chicago allows for easy access to world-class cultural events, dining, and nightlife. Choosing to intern in Schaumburg means you'll be positioned in a strategic location that supports both professional development and personal enjoyment.

Career Path

An internship with RSM can serve as a springboard for a successful career in tax services. Many of our interns receive offers for full-time positions upon graduation. The career path for a tax professional at RSM typically progresses from Associate to Senior Associate, Manager, Senior Manager, and ultimately, Partner. Along the way, you'll have opportunities to specialize in a particular area of tax, develop leadership skills, and mentor junior team members. RSM is committed to providing ongoing training and development to help you reach your full potential.

Salary & Benefits

While the exact salary for this internship is not explicitly stated, a competitive market range for a Federal Tax Services Intern in Schaumburg, Illinois, is estimated to be between $45,000 and $60,000 annually. This estimate considers factors such as the cost of living, the demand for tax professionals, and the qualifications required for the role. In addition to a competitive salary, RSM offers a comprehensive benefits package that includes health insurance, dental insurance, vision insurance, paid time off, and a 401(k) plan. RSM also provides opportunities for professional development, mentorship, and career advancement.

RSM Culture

RSM prides itself on its inclusive and collaborative culture. The firm is committed to fostering an environment where all employees feel valued, respected, and empowered to succeed. RSM encourages teamwork, innovation, and continuous learning. The firm also places a strong emphasis on work-life balance, offering flexible work arrangements and generous time-off policies. RSM's culture is one of the key reasons why it attracts and retains top talent in the industry.

How to Apply

To apply for the Federal Tax Services Intern position at RSM, please visit the RSM careers website and search for the job opening. Be sure to submit a resume and cover letter highlighting your qualifications and interest in the role. The application process may also include completing online assessments and participating in interviews. RSM is committed to providing equal opportunities to all applicants and encourages individuals from diverse backgrounds to apply.

Frequently Asked Questions (FAQ)

1. What are the key responsibilities of a Federal Tax Services Intern?
   Key responsibilities include assisting with tax planning, research, and the preparation of tax returns.
2. What qualifications are required for this internship?
   Qualifications include completing 90 credit hours, working towards a B.A. or B.S. degree in accounting, and having a minimum 3.0 GPA.
3. Is travel required for this position?
   Yes, travel to assigned client locations is required.
4. What skills are important for success in this role?
   Important skills include excellent written and verbal communication, strong computer skills, and the ability to work effectively on a team.
5. What is the company culture like at RSM?
   RSM has an inclusive and collaborative culture that values teamwork, innovation, and work-life balance.
6. What opportunities are there for career advancement at RSM?
   RSM offers a clear career path with opportunities to progress from Associate to Partner.
7. What benefits does RSM offer to its employees?
   RSM offers a comprehensive benefits package that includes health insurance, dental insurance, vision insurance, paid time off, and a 401(k) plan.
8. How does RSM support diversity and inclusion?
   RSM is committed to fostering an environment where all employees feel valued, respected, and empowered to succeed.
9. What kind of training and development opportunities does RSM provide?
   RSM provides ongoing training and development to help employees reach their full potential.
10. How can I apply for this internship?
    You can apply for this internship by visiting the RSM careers website and submitting a resume and cover letter.