Senior Tax Accountant (Trust and Estates)

Overview

The Senior Tax Accountant (Trust and Estates) plays a critical role in providing tax and accounting services for trusts and estates. This position is essential for ensuring compliance with tax laws and regulations, accurately preparing tax returns, and providing strategic tax planning advice. The Senior Tax Accountant will work closely with clients, attorneys, and financial advisors to provide comprehensive trust and estate tax services, helping to ensure the financial well-being of clients and their beneficiaries.

Key Responsibilities

• Manage the preparation and review of complex trust and estate tax returns
• Provide tax planning and consulting services for trust and estate clients
• Conduct comprehensive tax research and analysis on trust and estate tax issues
• Review fiduciary accounting and financial statements for trusts and estates
• Collaborate with clients, attorneys, and financial advisors to address tax and accounting matters
• Ensure compliance with federal and state tax laws and regulations
• Assist with trust and estate administration and distribution matters
• Support the development of tax strategies to minimize tax liabilities for trusts and estates
• Provide guidance on tax implications of estate planning and wealth transfer strategies
• Participate in client meetings and effectively communicate tax-related insights
• Assist with IRS and state tax authority audits and inquiries related to trusts and estates
• Stay updated on changes in tax laws and regulations affecting trusts and estates
• Contribute to the development and enhancement of tax processes and procedures
• Keep accurate and detailed workpaper documentation for tax filings and planning
• Collaborate with team members and contribute to a positive and productive work environment
  
  

Required Qualifications

• Bachelor's degree in Accounting, Finance, or related field
• Certified Public Accountant (CPA) designation
• 5 years of experience in trust and estate tax accounting
• Proficient knowledge of tax laws and regulations related to trusts and estates
• Experience with complex trust and estate tax returns and planning
• Strong understanding of fiduciary accounting and financial reporting
• Excellent analytical and problem-solving skills
• Ability to effectively communicate and collaborate with clients and colleagues
• Detail-oriented with a strong commitment to accuracy and quality
• Ability to prioritize and manage multiple assignments while meeting deadlines
• Proficiency in tax software and Microsoft Excel
• Knowledge of estate planning and wealth transfer principles
• Familiarity with IRS and state tax authority audit processes
• Commitment to maintaining confidentiality and ethical standards in client matters
• Continuous learning and professional development mindset
  
  

Skills: estate planning,financial analysis,regulatory compliance,tax,accounting