Deloitte is one of the “Big Four” professional services networks, providing audit, consulting, financial advisory, risk management, and tax services. With over 330,000 employees worldwide, Deloitte serves many individual and corporate clients. A common question among Deloitte employees and prospective hires is whether Deloitte provides tax preparation services for its employees. The short answer is yes, Deloitte does offer various tax services and support to its employees globally. However, the specifics depend on the employee’s location, job level, and needs.
Deloitte Tax Services Overview
As a global tax services provider, Deloitte offers a wide range of tax compliance, consulting, and advisory services. These include:
- Corporate tax planning and compliance
- Expatriate and mobility tax services
- Global trade advisory
- Indirect tax consulting
- Individual tax compliance and planning
- International tax services
- Transfer pricing
Many of these services are available to Deloitte employees at reduced rates or for free, depending on their specific circumstances.
Tax Preparation for US Employees
For US-based employees, Deloitte offers several options for tax return preparation assistance:
Partners and Directors
Partners and directors at Deloitte can receive comprehensive US federal and state tax return preparation from the internal National Tax Group. This service is provided for free.
Managers and Senior Managers
Managers and senior managers are eligible for federal and state tax return preparation for a reduced fee through a contracted national tax preparation firm. Deloitte covers the cost of the base federal return.
Staff and Seniors
Staff and senior employees can receive discounted group rates on tax preparation through the contracted national firm. The discount is around 20-25% off typical preparation fees. Employees are responsible for the full payment.
Tax Resources for All US Employees
All US Deloitte employees have access to various tax resources such as:
- Tax guidebooks and publications
- Tax training seminars and webcasts
- A tax hotline for answering questions
- Tax planning software
- Guides for maximizing deductions and credits
These resources can assist employees in understanding their tax situations and obligations.
Summary of Tax Services for US Employees
| Position | Tax Return Preparation |
|---|---|
| Partners, Directors | Free full preparation |
| Managers, Sr. Managers | Reduced fee preparation |
| Staff, Seniors | Discounted group rates |
Tax Services for Employees outside the US
Outside of the United States, the tax services and support provided to Deloitte employees varies by country. Some general guidelines include:
Partners and Directors
Similar to the US, partners and directors globally can typically receive full tax preparation support either in-house or through contracted firms. This may cover both corporate as well as personal tax filing obligations.
Other Employees
Depending on the country, other employees such as managers, seniors, and staff may be offered discounted group tax preparation rates. The corporate tax team may also provide basic tax planning and filing guides.
Localized Offerings
Specific tax assistance offerings are tailored to employees in each country. This accounts for unique tax codes, filing requirements, deductions and credits. Offerings may include:
- Tax equalization and adjustment policies for expatriate employees
- Social insurance payments and calculations
- Visa and residency permit application assistance
- Localized tax handbooks and quick reference material
Global Tax Resources
All Deloitte employees worldwide can also leverage the firm’s extensive tax research capabilities. This includes access to:
- International tax guides and industry updates
- Thought leadership reports and analyses
- Tax publications, journals, and newsletters
- Proprietary tax research tools and databases
These provide insights into global tax trends, policy changes, and technical guidance.
Additional Tax Assistance from Deloitte
Along with formal tax preparation offerings, Deloitte provides supplemental assistance to employees:
New Hire Orientation
New employees participate in orientation sessions that provide an overview of Deloitte’s tax services and support. Key contacts are shared for addressing tax questions.
Tax Seminars and Webinars
Throughout the year, Deloitte offers continuing tax education through seminars and webinars. These help employees stay updated on the latest regulations and best practices.
Tax Helplines
In some countries, Deloitte provides dedicated tax helplines for employees to call with tax-related questions or issues. This offers quick access to tax specialists within the firm.
Office Hours with Tax Practitioners
Employees may have opportunities to sign up for short sessions with knowledgeable tax professionals. This offers personalized guidance on tax planning and preparation needs.
Tax Reimbursement
Certain employee business expenses related to taxes may be eligible for reimbursement, such as tax software, return preparation, or consulting fees.
Key Takeaways
In summary, the key points on Deloitte’s tax services for employees include:
- Deloitte provides varying degrees of tax preparation support to employees globally.
- Higher level employees (partners, directors) receive full services, while others get discounted group rates.
- Offerings are tailored by country to account for local tax codes and rules.
- All employees get access to extensive tax research materials and resources.
- Extra assistance like tax training, helplines, and reimbursements are available.
- Taking advantage of Deloitte’s tax services can simplify tax compliance for employees.
Conclusion
As a leader in tax services, Deloitte offers a variety of tax assistance and support to its global employee base. While specific offerings vary, the firm aims to provide quality tax resources and preparation help at little or no cost to employees. Leveraging these services enables Deloitte employees to maximize deductions, avoid errors, and simplify meeting their tax obligations. Overall, the tax benefits provided can make working at Deloitte even more rewarding from a financial perspective.
