What are the responsibilities and job description for the Principal Tax Advisor position at Morgan Lewis?
The Principal Tax Advisor is responsible for all aspects of tax compliance for a large group of accounts including trusts, estates, foundations, individual retirement accounts, investment partnerships, and individual and gift tax returns. This position will develop and maintain advanced tax planning strategies for our high net worth clients and is expected to serve as a significant resource for other staff members, managers, and attorney / trustees. A hybrid work schedule is available for this position.Reporting Relationships : This position reports to the Director, Tax Services.Key Responsibilities : Prepare complex personal returns; including those with private equity and foreign investments.Analyze and anticipate issues and planning opportunities for clients.Prepare all levels of fiduciary income tax returns for trusts, managing an assigned group of accounts.Prepare complex estate fiduciary income tax returns and decedent returns, working closely with practice group attorneys and paralegals.Conduct and oversee a review of an assigned group of fiduciary accounts at periodic intervals throughout the year, ensuring appropriate tax treatment.Conduct a quarterly review of applicable trust and individual accounts to determine the need for estimated tax payments.Collaborate with other staff members to prepare tax reporting for an assigned group of fiduciary accounts.Maintain high accuracy and responsiveness to internal and external clients.Prepare and oversee federal and state income tax returns for an assigned group of individual clients, including all relevant data analysis and communication with clients.Participate in internal and external trainings to enhance knowledge of tax laws and regulations.Support and mentor staff members by sharing knowledge of applicable tax law and tax-related software.Assist the Manager, Tax Department in the development, improvement, and implementation of processes and procedures.Lead tax planning and / or research projects related to assigned client accounts.Perform other duties as assigned.Job Requirements : 8-10 years of relevant tax experience, including 4-5 years of experience in a Senior Tax role.Bachelor’s Degree in Accounting, Finance, or other related field required. Master’s Degree in Taxation preferred. CPA, EA, or other similar industry certification required.Experience with WK Axcess Tax, Thomson Reuters OneSource Trust Tax, and BNA planner or WK Accuplanner preferred.Ability to research, learn, and analyze applicable tax law rules and regulations.Strong knowledge of IRS Subchapter J laws and related regulations.Strong communication skills, both verbal and written.Ability to work effectively as an individual contributor and as part of a team.Ability to manage multiple assignments within a fast-paced environment and consistently meet deadlines.Strong organizational skills and superior attention to detail.Strong computer skills with the ability to master new systems quickly.Nixon Peabody LLP is an Equal Opportunity / Affirmative Action Employer : Disability / Female / Gender Identity / Minority / Sexual Orientation / Veteran.To comply with Federal law, Nixon Peabody participates in E-Verify. All newly-hired employees are verified through this electronic system to confirm their identity and employment eligibility.#J-18808-Ljbffr
