- Performing tax research and preparing written tax advice
- Preparing tax information statements and tax returns including complex Forms 1041 and state income tax returns for trusts and estates
- Reviewing and interpreting wills and trust documents to determine fiduciary tax reporting requirements confirm beneficiary allocations and identify matters that may require additional research and review by a subject matter professional such as determination of state tax nexus.
- Analyzing proper tax treatment of various transactions, learning to identify, review and confirm accuracy in tax reporting
- Translating complex data from a range of sources into client-ready insights and deliverables to support informed decision-making concerning required tax reporting
Skills and attributes for Success
- Collaborate with clients and colleagues to analyze tax issues, determine alternative methods of problem-solving and arrive at recommendations
- Support managers, senior managers, and PPEDs with reconciling returns, e-filing returns, and validating data in the tax system
- Communicate with client tax liaisons, client trust administration teams, and client trust officers to gather required information, to share information to support informed decision-making, and obtain instruction or authorization necessary for timely, accurate production of tax information statements, tax returns, and related reporting
- Support billing and collections for tax compliance and related services and participating in the process of contract renewals and new business pursuits
- Communicate complex tax issues to colleagues, clients, and non-tax professionals to enable evaluation and review of tax compliance requirements central to fulfilling fiduciary tax reporting obligations
- Responsible for training less experienced team members on administrative tasks and tasks supporting the tax compliance process
To qualify for the role, you must have
- Bachelor s degree or equivalent experience (Accounting, Business, Finance, or equivalent degree preferred)
- Minimum 2 years of experience in a professional services or tax services organization and preparing federal and state fiduciary income tax returns
- Proficient in computer software applications, including Microsoft Word, Excel and PowerPoint, knowledge of trust accounting systems and tax software applications, including ONESOURCE Trust Tax
- Experience preparing income tax returns with complex pass-through investments, reading and interpreting trust agreements
- Ability to work effectively both independently and with a team, assist with a variety of projects of varying degrees of complexity
- Knowledge of taxation, trusts and estates, wealth planning, and fiduciary income taxation
- Demonstrated technical expertise in fiduciary accounting matters
- Build effective relationships with our clients, understand their unique needs to provide tailored services. Manage workflow effectively to comply with clients needs and expectations and complete special projects
- Excellent organizational and verbal/written communication skills
Ideally, you ll also have
- CPA or EA certification or membership in The Bar desired, but not required
- Thorough knowledge of tax compliance, information reporting rules, fiduciary and/or income tax law, and concepts required to prepare US federal and state tax information statements and tax returns
- Strong analytical skills and attention to detail
- The ability to adapt your work style to work with both internal and client team members
