Tax Senior
Tax Services | Business Tax
New York, New York, United States
Position Summary
Deloitte Tax LLP seeks a Tax Senior in New York, New York.
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. Will commute within the New York, NY area to consult with clients regarding the above job duties.
**Requirements **
Bachelor’s degree in Accounting, Finance, Taxation, Law, or related field (willing to accept foreign education equivalent) plus eighteen months as Tax Senior or related occupation gaining experience providing tax planning services or preparing and reviewing client work papers and tax returns.
Position requires 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 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 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 GoSystem to prepare and review C-Corporations’ (U.S. and Foreign entity), Partnerships’ federal, state, and international income tax returns, composite and withholding tax returns, including Forms 1065, 1120, 1120-F, 1120-REIT 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; and
- preparing and reviewing partnership taxable income allocation reports, performing calculations and reviewing target capital accounts, waterfall, preferred return, and promote interest allocations.
Less than 10% domestic travel outside of normal commuting distance.
Other Annual Salary: $81,620.00 - $151,580.00.
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**Benefits**
At Deloitte, we know that great people make a great organization. We value our people and offer employees a broad range of benefits. Learn more about what working at Deloitte can mean for you.
**Our people and culture**
Our inclusive culture empowers our people to be who they are, contribute their unique perspectives, and make a difference individually and collectively. It enables us to leverage different ways of thinking, ideas, and perspectives, and bring more creativity and innovation to help solve our clients' most complex challenges. This makes Deloitte one of the most rewarding places to work.
Our purpose
Deloitte’s purpose is to make an impact that matters for our people, clients, and communities. At Deloitte, purpose is synonymous with how we work every day. It defines who we are. Our purpose comes through in our work with clients that enables impact and value in their organizations, as well as through our own investments, commitments, and actions across areas that help drive positive outcomes for our communities. Learn more.
**Professional development**
From entry-level employees to senior leaders, we believe there’s always room to learn. We offer opportunities to build new skills, take on leadership opportunities and connect and grow through mentorship. From on-the-job learning experiences to formal development programs, our professionals have a variety of opportunities to continue to grow throughout their career.
As used in this posting, "Deloitte" means Deloitte Tax LLP, a subsidiary of Deloitte LLP. Please see [https://www.deloitte.com/us/about](https://www.deloitte.com/us/about) for a detailed description of the legal structure of Deloitte LLP and its subsidiaries. Certain services may not be available to attest clients under the rules and regulations of public accounting.
All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability or protected veteran status, or any other legally protected basis, in accordance with applicable law.
Requisition code: 328577
Job ID 328577