Tax Senior - Partnership Tax Consulting

CliftonLarsonAllen•Minneapolis, MN

29d

About The Position

CLA is a top 10 national professional services firm where our purpose is to create opportunities every day, for our clients, our people, and our communities through industry-focused wealth advisory, digital, audit, tax, consulting, and outsourcing services. Even with more than 8,500 people, 130 U.S. locations, and a global reach, we promise to know you and help you. CLA is dedicated to building a culture that invites different beliefs and perspectives to the table, so we can truly know and help our clients, communities, and each other. CLA is currently seeking a Tax Senior to join our Partnership Tax Consulting practice. How you’ll create opportunities in this Tax Senior – Partnership Tax Consulting role: Serve as a member of the Partnership Tax Consulting team. Participate in collaborative team projects involving partnership transactions, including preparing IRC Section 704(b) and inside tax capital accounts, as well as tracking and allocating IRC 704(c) built-in gains and losses. Communicate with team and clients and keep all informed of engagement progress and issues encountered. Keep up to date with new federal tax developments. Assist project leaders with scoping new projects. Thrive in an entrepreneurial environment that offers growth, autonomy, and encouragement to make things happen.

Requirements

Bachelor's Degree in Accounting, Finance, JD Degree or a related field
2+ years' of experience performing partnership compliance, an understanding of accounting methods, and creation of tax basis balance sheets.

Nice To Haves

CPA eligible preferred
Foundational understanding of subchapter K, familiarity with targeted allocations, and some experience with complex partnership transactions preferred
Proficiency in Microsoft Excel and Alteryx is preferred

Responsibilities

Serve as a member of the Partnership Tax Consulting team.
Participate in collaborative team projects involving partnership transactions, including preparing IRC Section 704(b) and inside tax capital accounts, as well as tracking and allocating IRC 704(c) built-in gains and losses.
Communicate with team and clients and keep all informed of engagement progress and issues encountered.
Keep up to date with new federal tax developments.
Assist project leaders with scoping new projects.
Thrive in an entrepreneurial environment that offers growth, autonomy, and encouragement to make things happen.