Tax Senior - Partner Tax Matters

Deloitte Services LP includes internal support areas such as Finance and Administration, Talent, Information Technology, Marketing and Communications, and Facilities Management. This Tax Senior Accountant role is part of the internal US Firms Tax ("USFT") team, a subset of the Finance and Administration group. The USFT team sets tax policy for Deloitte US Firms in the US and other countries where it operates, as well as handles domestic and foreign compliance for Deloitte US Firms' entities.

About the role

The Partner Tax Matters team is responsible for allocating federal and state taxable incomes to partners, producing and distributing annual Forms K-1 packages to all active and retired US Firms partners, calculating required withholding tax amounts, leading strategic planning projects (e.g., taxable income projections and PET analysis), and responding to partner inquiries regarding K-1 items.

Responsibilities

• Review targeted income calculations and other partner-level income allocations.
• Review the allocation of state law adjustments and federal and state partnership K-1s.
• Review calculations of composite and withholding taxes.
• 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.
• Assist 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.
• Coordinate 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.
• Assist with workflow management and supervising tax consultants on assigned engagements.
• 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.
• Assist with partner questions regarding federal, state, or local tax matters related to their K-1 information and withholdings.
• Perform tax research regarding federal and state tax issues affecting the US Firms or partners.
• Assist with implementation of federal, state, or local tax-related legislation.
• Make recommendations on business and process improvements related to US Firms tax matters.
• Onboard, manage, and retain staff, and assist with transforming people, processes, and technology.

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 work requirements.
• Limited immigration sponsorship may be available.

Skills

• Ability to work independently and collaborate as part of a team.
• Effective written and verbal communication skills.
• Meticulous attention to detail and quality of work product.
• Ability to manage and prioritize multiple tasks in a fast-paced and dynamic environment.

Pay

The wage range for this role is $88,600 to $181,900. The range accounts for factors such as skill sets, experience, training, licensure, certifications, and business needs. Compensation decisions depend on individual circumstances. You may also be eligible to participate in a discretionary annual incentive program, subject to program rules, where awards depend on individual and organizational performance.

Benefits

This position is aligned with the Core Talent Model. To view the associated benefit package, please reference the US Benefits Journey document.