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Tax Director, Real Estate Investment Trust

Tax Job REIT

We are currently conducting a search to locate a Tax Director for an international client on the east or west coast. If you know of any tax executive with strong knowledge of real estate reits, please forward this opportunity on to them for their review. We will be happy to provide more detailed information and maintain a high level of privacy for anyone with REIT tax expertise.

  • Provide leadership and direction for all domestic and international tax planning, tax provision and tax compliance activities for a REIT.
  • Oversee and direct a team responsible for FIN 48 and FAS 109 tax provision calculations and estimates, including DTA/DTL analysis, tax footnotes and related disclosures contained in quarterly and annual filings.
  • Oversee and direct tax return preparation and the review and the submission of federal, state, local and consolidated tax returns. Read more

Tax Director, Global Tax Reporting

Tax Job Global Tax Director, Provision

This position reports directory to the VP of Corporate Taxation and as Tax Director, Global Tax Reporting is responsible for oversight and preparation of the global consolidate income tax provision in accordance with US GAAP accounting principles, manage the SOX 404 controls process as it relates to the global consolidated income tax provision, partner with Univar’s financial statement auditor and Financial Reporting & Analysis team as a key stakeholder in global EBT data delivery and contribute to special projects within the Global Tax Department as needed.

This position oversees and resolves highly complex tax reporting and strategic planning issues with high impact to the organization. On a day-to-day basis, this position will be expected to fulfill the financial income tax reporting obligations of the enterprise and lead continuous process improvements within the global consolidated income tax provision process. Duties Include:

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Will Congress Penalize Colleges That Increase Tuition?

Edward Zelinsky- College Tuition

Senator Charles Grassley of Iowa will serve as chairman of the Senate Finance Committee during the upcoming 115th Congress. Senator Grassley’s decision to lead the Finance Committee may have important consequences for the nation’s colleges and universities. Grassley, a Republican, has criticized increased tuition charges in the face of the pronounced, tax-free growth of many college endowments.

In light of his prior statements and the current political environment, a Grassley-led Finance Committee may scrutinize higher education endowments. On the committee’s agenda could be legislation aimed at the tax benefits such endowments enjoy and the benefits of tax-exempt entities more generally.

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Depreciation Deduction Chart For Owners Of Passenger Automobiles, Trucks And Vans

IRS DEpreciation Deductions On Automobiles Trucks Vans

According to IRS Rev. Proc. 2019, this revenue procedure provides: 1) tables of limitations on depreciation deductions for owners of passenger automobiles first placed in service by taxpayer during calendar year 2019; and (2) a table of amounts that must be included in income by lessees of passenger automobiles first leased by the taxpayer during calendar year 2019. The tables detailing these depreciation limitations and lessee inclusion amounts reflect the automobile price inflation adjustments required by 280F(d)(7). For purposes of this revenue procedure, the terms “passenger automobiles” includes trucks and vans. Read more

Electric Vehicle Credit On The Decline

Charles Woodson- Electric Vehicle Tax Credit

Back in 2009 Congress created a tax credit for the purchase of electric vehicles as a stimulus for car companies to manufacture “green” vehicles and as an incentive for consumers to purchase electric vehicles. Although there is no specific date in the future when this credit will expire, there is a limit to the number of vehicles each manufacturer can sell that can qualify for the credit.

That limit is not a set number of vehicles, but rather a credit phaseout by manufacturer that is triggered when the manufacturer sells the 200,000th electric vehicle. Here is how the credit phase-out works:

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Innocent Spouse: Are You Being Pursued For Taxes You Know Nothing About?

Venar Ayar- Innocent Spouse

A significant number of couples choose to file joint taxes to mainly take advantage of the higher standard deductions and other benefits that married couples enjoy. However, most of these couples do not understand the legal ramifications that come with the joint-filing status. The government, for example, is allowed to come after either spouse in the event that there is a debt or wrongdoing by the other partner. If you are facing such a problem, this is where innocent spouse relief can help you. Having this problem in the midst of a divorce can make it even more complex since divorces are mostly traumatic.

All you need to know about innocent spouse relief

While it is possible for an innocent spouse to get some relief, this can only be possible under the right circumstances. First, this relief is only available for income taxes since employment taxes are excluded. Second, the relief can only be invoked by spouses that filed a joint income tax return. Those that filed returns on the basis of married filing separate are not entitled to the relief since everyone in such an arrangement is responsible for their taxes. Third, the IRS and even the courts are likely to disregard any tax liability that a couple may have set out in their divorce proceedings. Finally, it is also important to check with the laws from your state to ensure that you can get relief from both the IRS and your state.

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7 Biggest Mistakes In Handling Accounts Receivables

Qasim Kazim - 7 Mistakes Made In Accounts Payables

Managing your company’s accounts receivables is one of the most critical aspects of fiscal health. Yet, many business owners fail to effectively handle their accounts receivables, either directly or indirectly. Poor accounts receivables policies can lead to a bevy of problems involving client relations, cash flow, tax return complications and even legal issues. Seven of the biggest mistakes in handling accounts receivables are outlined here, with advice about how to avoid each one.

1. Letting Accounts Receivables Age Too Long

The longer your accounts receivables age, the more of a threat they become to your cash flow. Also, the longer you let these sit without contacting the debtor the less likely it is that you’ll ever get paid.

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IRS Releases Data Book For 2018 Showing Range Of Tax Data Including Audits, Collection Actions And Taxpayer Service

IRS Logo - Notices

The Internal Revenue Service today released the 2018 IRS Data Book, a snapshot of agency activities for the fiscal year.

The 2018 IRS Data Book describes activities conducted by the IRS from Oct. 1, 2017, to Sept. 30, 2018, and includes information about tax returns, refunds, examinations and appeals. The annual publication is illustrated with charts showing changes in IRS enforcement activities, taxpayer assistance levels, tax-exempt activities, legal support workload and IRS budget and workforce levels when compared to fiscal year 2017 and prior years. Included this year is a section on taxpayer attitudes from a long-running opinion survey.

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Complimentary Webinar Today: ASC 740 International Issues –

Complimentary Webinar Today
Date: Friday, May 17th 2019
Time: 8:00AM PDT/9:00AM MT/10:00AM CT/11:00AM EST

This course will discuss U.S. international tax topics such as FTCs, CFCs, GILTI and FDII in the context of ASC 740. It is a great course for practitioners new to ASC 740 or brushing up on their skills.

As a nationally recognized expert on tax provision, Nick developed tax software that makes the tax provision process simple for corporate tax professionals and public accounting firms. You no longer need to pay for expensive and complicated tax provision software or someone to spend hours doing the calculations. As a tax provision expert, Nick teaches you a much more affordable and simple way to complete the tax provision.

Tax Prodigy is being implemented in Fortune 1000 tax departments and public accounting firms nationally and internationally. Tax Prodigy tax provision software is super easy to understand; it can be up and implemented in a multinational corporation in less than thirty days; and it is super affordable.

Register To Attend Complimentary ASC 740 International Training

 

 

Watch TaxConnections YouTube Live Stream Event Today: United States Taxation Of Citizens Worldwide

Citizenship
TODAY IS THE DAY TO WATCH TAXCONNECTIONS LIVE

We invite you all to join us at TaxConnections Live Stream Event Today – Friday, May 17th 2019. This is a wonderful opportunity for taxpayers and tax professionals to learn from leading experts about the taxation of U.S. citizens worldwide.

TaxConnections is proud to introduce leading experts John Richardson, Edward Zelinsky along with our Moderator William Byrnes.

Join Us At 2:00PM EST/ 1:00PM CT/12:00Noon MT/11:00AM PDT

GO TO TAXCONNECTIONS YOUTUBE CHANNEL TO WATCH LIVE

 

 

Tax Director, Global Tax Reporting (Midwest)

Tax Director, Global Tax Reporting

This position reports directory to the VP of Corporate Taxation and as Tax Director, Global Tax Reporting is responsible for oversight and preparation of the global consolidate income tax provision in accordance with US GAAP accounting principles, manage the SOX 404 controls process as it relates to the global consolidated income tax provision, partner with Univar’s financial statement auditor and Financial Reporting & Analysis team as a key stakeholder in global EBT data delivery and contribute to special projects within the Global Tax Department as needed.

This position oversees and resolves highly complex tax reporting and strategic planning issues with high impact to the organization. On a day-to-day basis, this position will be expected to fulfill the financial income tax reporting obligations of the enterprise and lead continuous process improvements within the global consolidated income tax provision process. Duties Include:

Read more

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