Tax Senior - Partner Tax Matters

About the role

The Tax Senior Accountant role is part of the internal US Firms Tax (“USFT”) team within Deloitte Services LP. The USFT team is responsible for setting tax policy for Deloitte US Firms in the US and other countries, as well as domestic and foreign compliance.

Responsibilities

• Produce and distribute annual partner Forms K-1 packages, including allocations of income, deductions, and separately stated items to US Firms partners.
• Prepare allocations of items for 199A, 163(j), and Form K-3 reporting.
• Aid in the preparation of federal, state, and local income tax returns, including composite nonresident income tax returns, withholding tax returns, and certain partner-related information.
• Collaborate on federal withholding information returns.
• Prepare and review selected general ledger accounts monthly for appropriateness of certain withholding accruals.
• Prepare and track tax capital for the partners.
• Manage the annual partner state tax elections process and the collection of nonresident non-joiner affidavits, review per partner withholding, PET, and composite tax calculations.
• Aid in responding to partner inquiries of the items reported to them on their Forms K-1.
• Perform tax research as necessary regarding federal and state tax issues affecting the US Firms or our partners.
• Aid in implementing any federal or state or local tax-related legislation.
• Made recommendations on business and process improvements related to US Firms tax matters.

Requirements

• Bachelor’s degree in Accounting/Taxation.
• Eligible for CPA, Enrolled Agent, or other relevant certification.
• Minimum of 3 years of relevant experience in a professional services firm.
• Strong knowledge of federal and state partnership tax compliance, including partner-level income allocations, tax research, and tax planning.
• Prior experience supervising tax professionals on a project or engagement basis.
• Tax forecasting / planning experience.
• Proficient in Excel.
• Ability to travel 0-15%, on average, based on the work you do and the clients and industries/sectors you serve.

Qualifications

• Eligible for CPA, Enrolled Agent, or other relevant certification.
• Minimum of 3 years of relevant experience in a professional services firm.
• Strong knowledge of federal and state partnership tax compliance, including partner-level income allocations, tax research, and tax planning.
• Prior experience supervising tax professionals on a project or engagement basis.
• Tax forecasting / planning experience.
• Proficient in Excel.
• Ability to travel 0-15%, on average, based on the work you do and the clients and industries/sectors you serve.

Benefits

The successful candidate will be eligible for a discretionary annual incentive program, subject to the rules governing the program, whereby an award, if any, depends on various factors, including, without limitation, individual and organizational performance.

Pay

$88,600 to $181,900

Schedule

Full-time