Tax Senior

Position Summary

Deloitte Tax LLP seeks a Tax Senior in New York, NY.

Work You'll Do

Assist companies with national, state and local and international tax structures and align the tax function with business objectives. Assist clients with fundamental tax planning and analysis, work to understand company-specific business and tax issues and identify and mitigate risk areas. Under the supervision of Tax Managers, oversee tax consulting projects for clients in diverse industries. Research and analyze a wide range of tax issues encountered on engagements. Assume tax-planning responsibilities for our federal clients and assist with the supervision of assignments. Assist with tax planning opportunity identification, implementing tax planning projects, providing tax research and analysis for clients in diverse industries, and keeping up-to-date on current tax practices and technical issues. Develop a working knowledge of the client's business and tax systems, take responsibility for clearing open items relating to assigned areas, meeting client deadlines, and contribute to the successful completion of projects. Mentor and coach junior team members and escalate issues when necessary. Actively participate in engagement planning and decision-making.

• Bachelor's (or higher) degree in Accounting, Finance, Taxation, or related field (willing to accept foreign education equivalent).
• Eighteen months as a Tax Senior or related occupation gaining experience providing tax planning services or preparing and reviewing client work papers and tax returns.
• Experience must include eighteen months of:
  • Preparing federal and state/local income tax returns for partnerships, corporations and Real Estate Investment Trusts (REITs);
  • Analyzing partnership agreements with respect to real estate funds in order to compute complex tax calculations regarding partnership allocations;
  • Utilizing tax research resources, including CCH, BNA, RIA Checkpoint, and LexisNexis, to respond to federal and multistate tax notices for partnerships and REITs;
  • Applying Subchapter K, and identifying technical issues for real estate-related funds, including basis, transfer of property, and terminations;
  • Applying tax compliance calculations to the preparation of various returns for publicly traded and private companies, including C-Corporations, partnerships and REITs;
  • Conducting analysis on tax implications of acquisition, development, operation, and disposition of commercial and residential real estate properties;
  • Utilizing tax software, including ONESOURCE, GoSystem, and Corptax, to prepare and review C-Corporations' (U.S. and Foreign entity), Partnerships', Tax Exempt Organizations', and Trusts' federal, state, and international income tax returns, composite and withholding tax returns, including Forms 1065, 1120, 1120-F, 1120-REIT, 1120-PC, 990, 1041, 1042, and 8804;
  • Conducting quarterly and annual assets/income testing for REITs, reviewing E&P calculations and distributions, and preparing and reviewing federal and state income tax returns for REITs;
  • Preparing and reviewing partnership taxable income allocation reports, performing calculations and reviewing target capital accounts, waterfall, preferred return, and promote interest allocations; and
  • Mentoring and coaching junior team members.
• Position requires less than 10% domestic travel.
• Salary: $77,700.00 - $144,300.00/year;