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Senior Vice President Tax – M&A, Real Estate (Los Angeles, CA)

Senior Vice President Tax Job In Los Angeles, CA

TaxConnections has been retained to conduct a search for a Senior Vice President Tax for a Southern California client. This tax executive role requires a high level of executive presence and interface with a wide range of internal and external advisors.  Responsibilities include private equity and real estate deals, mergers and acquisitions, financial modeling; review corporate and partnership tax returns; and managing company’s income tax compliance activities  (insourced and  outsourced); advise senior management regarding tax liabilities; and supervision of the incumbent tax team.

The Senior Vice President of Tax will lead acquisition structuring and due diligence including tax integration efforts including:

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250 Motivational Quotes To Manage Tax And Finance Teams

Kat Jennings- Inspirations eBook

We have prepared a complimentary and inspiring eBook that provides 250 Motivational Quotes for you in managing your tax and financial teams this year.  Make your request to receive this valuable gift at this link:

https://www.taxconnections.com/motivational-inspirations

TaxConnections will send you a PDF copy you can download for your use throughout the year. Motivational quotes have a way of inspiring you and everyone around you. This is a feel good eBook you will refer to often.

 

 

Regulated Utility Companies And Tax Cuts And Jobs Act

Regulated Utility Companies And Tax Cuts And Jobs Act

One of the biggest benefits of the Tax Cuts and Jobs Act is the savings to customers of utility companies. According to research conducted by Americans for Tax Reform these are the rate savings for utilities this year. This is a great reminder we have savings to be thankful for this year.

Arizona Public Service (Phoenix, Arizona) 

The utility requested a $119 million bill reduction for customers due to tax reform.  APS has requested the Arizona Corporation Commission approve a $119 million bill reduction for customers, based on federal corporate tax cuts, effective February 1, 2018.

If approved, the $119 million decrease will offset the $95 million revenue increase that resulted from APS’s last rate review. The savings of $0.004258/kWh will be passed directly to customers through the Tax Expense Adjuster Mechanism (TEAM), a new adjuster mechanism that was included in the company’s rate review, and customer savings will vary with actual energy usage. APS customers would receive the credit on their monthly bill. – Jan. 9, 2018 Arizona Public Service press release.

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Can You Negotiate A Tax Lien Withdrawal?

Venar Ayar Liens

A federal tax lien withdrawal removes the Notice of Federal Tax Lien (NFTL) from the public records. You can request a tax lien withdrawal once you’ve paid off your tax debt or as part of your installment agreement negotiations.

When To Ask For A Tax Lien Withdrawal

You can ask for a tax lien withdrawal in the following situations:

  • The NFTL was filed prematurely or improperly.
  • You’ve paid off your tax debt, your tax lien has been released, and you’ve been in tax compliance for the past three years.
  • You’ve entered into an installment agreement that meets certain conditions.
  • You negotiate the lien withdrawal. This could require showing the IRS that the lien withdrawal will allow you to pay more towards your tax debt.
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Lead Tax Executive Opportunity – Regulated Utility Company

Senior Tax Director Opportunity - New Jersey

TaxConnections Inc. has been retained to conduct a search for a Senior Director of Tax for a publicly listed company in New Jersey.

We would genuinely appreciate your taking the time to review this opportunity and kindly refer it to anyone you feel may be interested in learning more. Our client requires a tax executive with experience in a regulated industry to lead the tax team. The incumbent is retiring and will assist the new Senior Director of tax in any easy transition.

Key Responsibilities:

  • Leads departmental research initiatives and interprets tax law; defines and implements corporate tax strategies, policies and standard operating procedures to ensure on-going compliance with statutory tax laws; manages exposure to risk; maximizes and leverages tax benefits and minimizes the company’s overall tax liability within a regulatory industry and rate case construct.
  • Anticipates and plans for developing and upcoming tax issues and communicates them effectively to senior executives.
  • Ensures that the performance of the tax reporting and compliance staff results in the prompt and accurate processing and filing of the relevant tax returns and manage payment of the relevant taxes to the relevant tax authorities on time.
  • Reviews extraordinary tax audit, sox compliance and litigation issues.
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International/Transfer Pricing Tax Partner – Midwest Law Firm

International And Transfer Pricing Tax Partner - Law Firm

TaxConnections has been retained by a leading multinational law firm to locate a Tax Partner to lead the Midwest region in serving  international and transfer pricing clients. This market facing role is due to the continued expansion of the international and transfer pricing practice. The Tax Partner will team with a group of talented economists who are already in place to grow the Midwest tax practice. The law firm currently has about 80 tax lawyers worldwide and this successful practice is expected to double in size.

The Tax Partner will assist multinational clients to design, develop, implement, document and defend international and transfer pricing strategies. They will provide clients guidance in analyzing factual material, communicate the benefits of the transfer pricing methodologies both to government representatives and the courts and negotiate advance pricing agreements on a worldwide basis.

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Vice President Tax – Midwest Life Insurance Company

Senior Vice President Tax For Life Insurance Company

The Vice President Tax is the head of tax for all the companies that operate under this privately held parent. The Vice President Tax will be responsible for overseeing and managing the tax function and all relationships with external and internal business partners and identify areas of risk and opportunity for the company including:

  • Manage the co-sourcing agreement with the Companies’ external tax accounting firm for the preparation of the statutory and GAAP income tax provision and accrual, and the tax return preparation and compliance matters for income, premium, property and sales/us
  • Manages all Companies’ tax audits and examinations and negotiates settlement of disputed issues with the Internal Revenue Service and other regulatory bodies.
  • Represents the Companies at the highest levels of appeal in negotiations regarding tax deficiencies.
  • Controls tax planning responsibilities for all Companies including short and long-range planning to reduce tax expenses to the legal minimum.

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Senior Tax Manager/Partnerships – Northern California

Senior Tax Manager Partnerships In Northern California

The Senior Tax Manager role requires partnership, S corp and individual tax consulting experience and the skills to effectively diagnose clients’ needs in order to develop and implement solutions. Primary responsibilities involve providing tax compliance, tax accounting, tax research and planning on partnerships, s corps and individual tax return for sophisticated clientele. We will build upon your technical strengths in order to expand your expertise in partnership, s corp and individual taxation. Our firm builds well-rounded tax experts to serve a myriad of client needs which leads to continued professional growth. Our culture is to develop trusted tax advisors with sound judgement with the highest ethical standards in the profession. The Senior Tax Manager/Partnerships will be responsible for a range of projects including:

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Sweetheart Tax Return – Happy Valentines Day!

Sweetheart Tax Return - TaxConnections

TaxConnections Members Can Download A Higher Resolution Copy Of This Fun Tax Form When You Login As A Member. Login And Go To Content Download In The Foot Of Any TaxConnections Page.

Click Here For Best View.

We welcome all your comments on Valentines Day!

 

Senior Vice President Tax – Los Angeles, CA

Senior Vice President Tax Los Angeles California

TaxConnections Executive Search Services Division has been retained to conduct a search for a Senior Vice President Tax in the Los Angeles, CA area. This client has a global diversified portfolio of investments. An ideal Senior Vice President Tax candidate will be currently working as a Partner in a Big Four firm, real estate investment firm, investment fund, private equity or asset management. The Senior Vice President of Tax will lead acquisition structuring and due diligence including tax integration efforts.

Senior Vice President Tax

Responsibilities include global tax strategy; review and filing of all domestic and international corporate, personal, partnership and other income tax returns; implementing and managing company’s income tax and indirect tax compliance activities (partially insourced and partially outsourced); and supervision of an outstanding, incumbent tax team.  The Senior Vice President Tax will work directly with the CFO in identifying and developing effective tax strategies and planning techniques to minimize overall tax burden of consolidated group of companies and minimize overall costs associated with the tax structure.

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Section 199A: Tax Cuts And Jobs Act Introduction

Manasa Nadig - Section 199A 2

The biggest change that came out with the Tax Cuts and Jobs Act of 2017: Section 199A. This section allows owners of flow through entities such as Sole Proprietorships, S Corporations or Partnerships a deduction of 20% of the income earned by the flow-through. The Internal Revenue Service dropped the proposed Regs on Section 199A on August 8th, 2018, all of its 184 pages can be accessed here.

Caveat: Today’s post is a small introduction to this new section. There is a LOT more information to be culled from the 184 pages. Let us get some basics out of the way first:

  1. What is a pass through business? A pass through is a business where taxes are not levied at the entity level but rather at the owner level where the income and expenses have been passed through. The owners’ tax rates apply to this pass through income. Pass through entities are typically sole proprietorships, partnerships, LLC’s, trusts and S corporations. Only pass through entities are eligible for the Section 199A deduction.II. Do all pass-through businesses qualify for the deduction? YES, any trade or business qualifies UNLESSOne: The pass-through is a “Specified service trade or business” or SSTB.
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Summary Of Tax Reform Changes Now Available

TaxConnections ADMIN GIRL

TaxConnections has had numerous requests for a written summary of the changes due to Tax Reform.  According to the Taxpayer Advocate Services (TAS) website you can view Tax Changes By Topic:

Tax Changes by Topic

The Tax Reform Changes website shows you how the new tax law may change your future tax filings and helps you plan for these changes. Currently the site addresses the most common 2017 IRS Form 1040, US Individual Income Tax Return topics and whether the tax law has changed or not. It provides line by line explanations and scenarios to describe how the new law may affect you. You can also sign up to receive email notifications as the website is updated with new tax law information.

The information on this page is categorized by tax topic in the order of the IRS Form 1040. Simply choose a tax return category such as income or payments and find information including the previous (2017) tax law information and the tax law change, if any, plus scenarios to describe how the new law may affect you.

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