02 Nov
|
Recruitment Cell
|
Hyderabad
02 Nov
Recruitment Cell
Hyderabad
We are seeking a highly motivated and experienced Tax Professional specializing in Partnership and State and Local Tax (SALT) matters. The ideal candidate will possess a deep understanding of IRS Form 1065 compliance and various state and local tax regulations affecting partnerships. This role involves managing complex tax engagements, providing strategic tax advice, and ensuring compliance with all relevant tax laws. You will work closely with clients or internal stakeholders to optimize tax positions and mitigate risks, contributing significantly to the financial health and compliance of the entities we serve. This position requires robust analytical skills, attention to detail, and the ability to navigate intricate tax codes effectively. We are looking for a proactive individual who can thrive in a dynamic environment and is committed to continuous learning and professional development.
Key Responsibilities:
- Prepare and review complex federal and state partnership tax returns (Form 1065 and related schedules) for various industries and entity structures.
- Manage all aspects of state and local tax compliance for partnerships, including income/franchise tax, sales & use tax, property tax,
and other miscellaneous state taxes.
- Conduct in-depth tax research on intricate partnership and SALT issues, providing clear and concise recommendations based on findings.
- Develop and implement effective tax planning strategies to minimize tax liabilities and optimize tax positions for partnerships.
- Assist with tax controversy matters, including responding to tax notices, information document requests, and representing clients during federal and state tax audits.
- Collaborate with clients, legal counsel, and other internal teams to gather necessary information and provide comprehensive tax solutions.
- Stay abreast of current federal, state, and local tax law changes and their potential impact on partnership clients or the organization.
- Review partnership agreements and other legal documents to ensure proper tax treatment and compliance.
- Mentor and develop junior tax staff, providing guidance and technical support on partnership and SALT matters.
- Ensure timely and accurate filing of all tax returns and related documents.
📌 1065 SALT (Hyderabad)
🏢 Recruitment Cell
📍 Hyderabad