Partnership Tax Senior Manager
About The Position
As a Partnership Tax Senior Manager at Frazier & Deeter, you will serve as a technical and client-facing leader within the Passthrough Tax practice, with a focus on complex partnership taxation. You will work with partners, clients, and engagement teams to plan, manage, review, and deliver sophisticated partnership tax compliance and consulting engagements. You will advise clients on partnership structures, tax planning, transactions, allocations, basis considerations, and federal and multi-state compliance, translating complex tax concepts into practical guidance and identifying planning opportunities that support clients’ business objectives. You will lead engagements, develop and mentor professionals, strengthen client relationships, and contribute to the growth of the firm’s Passthrough Tax practice. The firm’s professionals help clients minimize tax liability while remaining compliant with evolving tax laws, and advise on tax planning, investments, mergers and acquisitions, reorganizations, restructurings, and other significant transactions.
Requirements
- Bachelor’s and/or Master’s degree in Accounting, Taxation, or a related field.
- Active CPA license.
- 8+ years of progressive public accounting tax experience with significant specialization in partnership and passthrough taxation.
- Extensive experience preparing and reviewing complex partnership returns (Form 1065), Schedules K-1, and related federal and state filings.
- Advanced knowledge of Subchapter K and partnership taxation, including formations, contributions, distributions, allocations, basis, and transactions involving partnership interests.
- Strong technical knowledge of IRC Sections 704(b) and 704(c), partner and partnership basis, capital accounts, special allocations, and partnership distributions.
- Experience with multi-state partnership filings, nexus considerations, and state tax issues.
- Proven experience overseeing complex client engagements and delivering high-quality client service.
- Demonstrated ability to develop and execute sophisticated tax planning strategies for partnership and passthrough clients.
- Experience supervising, reviewing, training, mentoring, and developing staff and senior associates.
- Proficiency with professional tax preparation software, such as CCH Axcess, and Microsoft Office.
Nice To Haves
- Experience with IRC Sections 743(b) and 754 elections and basis adjustments.
- Experience providing tax consulting and planning related to partnership acquisitions, dispositions, restructurings, ownership changes, and other complex transactions.
Responsibilities
- Lead and conduct high-level review of complex partnership and passthrough tax engagements, including Forms 1065, Schedules K-1, and related federal and state filings.
- Serve as a technical resource on Subchapter K and complex partnership matters, including formations, allocations, distributions, basis, capital accounts, and transactions involving partnership interests.
- Advise clients on complex partnership tax matters, including IRC Sections 704(b), 704(c), 743(b), and 754 elections and adjustments, as applicable.
- Analyze tax implications of partnership formations, acquisitions, dispositions, restructurings, ownership changes, partner admissions and exits, and other transactions.
- Develop tax planning and consulting strategies for partnerships, partners, and other passthrough entities, identifying opportunities and potential tax risks.
- Provide tax guidance on mergers, acquisitions, and transactional activity involving partnerships and passthrough entities, including structuring and tax planning.
- Advise clients on multi-state partnership taxation, filings, nexus, and related state and local tax considerations.
- Monitor changes in partnership tax law and regulations and translate developments into practical recommendations for clients and engagement teams.
- Lead complex engagements from planning through completion, including scope, budgeting, staffing, technical review, deadlines, billing, and delivery.
- Develop and maintain client relationships and serve as a trusted advisor on complex tax and business matters.
- Lead client meetings and communicate sophisticated partnership tax concepts to tax and non-tax stakeholders.
- Supervise, train, mentor, and develop staff and senior associates, review their work, and strengthen their technical partnership tax knowledge.
- Collaborate with partners and other firm professionals to identify expanded client service opportunities and integrate tax expertise across service lines.
- Participate in business development and help grow the firm’s Partnership and Passthrough Tax practice.
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What This Job Offers
Job Type
Full-time
Career Level
Senior
