This position will handle advanced fiduciary tax and estate administration matters requiring substantial knowledge of trust and estate taxation, accounting principles, and related reporting obligations. They will also serve as a technical resource to attorneys, fiduciaries, and internal team members and will be expected to exercise independent judgment in evaluating issues, identifying risks, and developing appropriate tax reporting and compliance approaches.
Position Responsibilities:- Prepare complex federal and state fiduciary income tax returns for trusts, estates, and related entities.
- Prepare Federal and New York 706 Estate Tax returns.
- Prepare fiduciary accountings.
- Analyze governing documents, financial records, and tax information to determine appropriate reporting positions, identify tax issues, and support estate and trust administration strategy.
- Review fiduciary accountings, evaluate the tax treatment of distributions, deductions, basis adjustments, and other tax-sensitive transactions.
- Work closely with attorneys on taxable estate administration, post-death tax reporting, and ongoing trust administration matters.
- Analyze fiduciary accounting income, distributable net income, allocation issues, filing requirements, and available tax elections.
- Identify planning opportunities arising during administration and advise on tax consequences associated with the funding, termination, and ongoing administration of trusts and estates.
- Manage deadlines, maintain a high level of accuracy in technical tax work, and communicate effectively with attorneys, fiduciaries, accountants, and tax authorities.
- Exercise independent judgment in recognizing when additional facts are needed, evaluating unresolved technical issues, and elevating strategic legal questions where appropriate.
- Performs other duties as assigned.
Job Requirements:- Bachelor's degree in accounting, taxation, finance, or a closely related field.
- Significant academic and professional training in tax and accounting principles.
- Proficient in CCH tax software.
- Proficient in FAS accounting software.
- Substantial experience with fiduciary income tax returns, estate and trust administration, fiduciary accountings, and related tax reporting matters.
- Strong technical knowledge of federal and state fiduciary income taxation.
- Demonstrated ability to analyze complex financial and tax records and apply sound professional judgment.
- Ability to manage a demanding portfolio of matters with limited supervision.
- Strong written and verbal communication skills and the ability to work effectively with attorneys, fiduciaries, and other professionals.
- EA, or comparable advanced tax credential a plus.
The anticipated annual salary range for this position is $85,000 to $110,000. Actual compensation will be determined based on experience, qualifications, and other job-related factors permitted by law.
An offer of employment from Bond is contingent on:- Completion of a satisfactory conflicts check
- Completion of a satisfactory background check
- Completion of a satisfactory reference check
