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Learn About Four New Corporate Tax Executive Jobs -TaxConnections Executive Search Division

Tax Jobs - Director of Tax Jobs

TaxConnections Executive Search Services Division has been retained on four senior tax executive leadership roles all located in different parts of the country. If you have an interest in a lead tax role in California, North Dakota, New Jersey please contact us at contact@taxconnections.com.

For your information, TaxConnections Executive Search clients do not advertise any of these opportunities on the job boards. Our clients privately retain us to conduct a comprehensive national search for the lead tax executives they seek.

If you want to be informed privately of tax executive roles unavailable anywhere else in the country, we suggest you become a TaxConnections Member to be the first to be confidentially informed. We reach out to corporate tax executives we know first. It is smart to be in TaxConnections Worldwide Directory of Tax Professionals! Read more

Senior Vice President Tax (Los Angeles, CA)

Senior VP Tax Job, Los Angeles, CA

TaxConnections Executive Search Services Division has recently been retained to conduct a search for a Senior Vice President Tax in the Los Angeles, CA area for a private equity client with real estate  SPAC expertise. We would genuinely appreciate your taking the time to review the opportunity and refer this to anyone you know who may be interested in learning more.

An ideal Senior Vice President Tax candidate will be currently working in private equity and/or a Partner in a Big Four firm, investment fund, or asset management with substantial S-Corp expertise.

Senior Vice President Tax

Responsibilities include global tax strategy, tax planning and compliance; review and filing of all domestic and international corporate, personal, partnership and other income and indirect tax returns; and implementing and managing company’s income tax and indirect tax compliance activities. The Senior Vice President Tax will work directly with the CFO in identifying and developing  effective tax strategies and planning techniques to minimize overall taxes of consolidated group of companies; minimize overall costs associated with the tax structure and lead acquisition and due diligence and integration efforts.

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Vice President Tax – Real Estate, Partnerships, Acquisitions (Southern California)

Tax Job, Vice President Tax Job, Los Angeles, CA

TaxConnections Executive Search Services Division has recently been retained to conduct a search for a Vice President Tax with experience in real estate, partnerships, mergers and acquisitions. 

We would genuinely appreciate your taking the time to review the  Vice President Tax opportunity and refer this to anyone you know who may be interested in learning more.

Vice President Tax

Responsibilities include global tax strategy, tax planning and compliance; review of all domestic and international corporate, partnership and other income tax returns; and implementing and managing company’s activities (partially insourced and partially outsourced).

The Vice President Tax will report directly to 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. The Vice President of Tax will lead acquisition structuring and due diligence including tax integration efforts.

The role requires research and analysis of tax issues; working with external advisors on domestic and foreign authoritative tax laws, corporate strategies, decisions, regulations and rulings; and advising senior management regarding the impact and tax liabilities. The Vice President Tax will oversee all tax-related payments; review and preparation of income tax projections for cash flow modeling; liaise with domestic and foreign business units, and external service providers on tax matters, and manage the coordination of audits and inquiries by various taxation authorities.

Reply to Kat Jennings to learn more about VP Tax opportunity.

 

 

Tax Manager/Partnerships (San Francisco Bay Area, CA)

Tax Manager-Partnerships Job

The 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 Tax Manager/Partnerships will be responsible for a range of projects including:

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A Breakdown Of The Proposed IRS 1040

Charles Woodson, Proposed IRS 1040 Form

Remember the IRS’s promise about being able to file your income tax return using a postcard?

The reality of the new 1040 form is a far cry from a postcard. Although the administration insists that it has simplified the process of preparing your tax return, a few minutes of comparing the old 1040 to the new draft version shows that the redesign did little more than change it from the previous two-page form to two half-size pages – with six schedules provided separately. All but four of the 79 lines from the old version remain on the new one; they’re just divided up differently. Unless all of your income comes from wages, interest, dividends, pensions and Social Security, you will now have more schedules to fill out than you did before, and you still have a lot of work ahead of you.

How much new work does the revised version represent? Here’s a quick rundown of the six new schedules:

Offer In Compromise FAQs

Chuck Woodson, Offer In Compromise

We’re all responsible for paying our fair share of taxes each year. But what happens when the amount that you owe is simply out of reach? What happens if you failed to make payments in a timely manner and your financial circumstances have shifted to the point where your cumulative debt is beyond your ability to pay? In the face of this untenable position, your best option for paying the IRS may be what is known as an Offer in Compromise.

The Goal of the Offer in Compromise

The Offer in Compromise, or OIC, was created to accomplish two goals: it allows American taxpayers who are unable to pay the full amount of their tax debt a way to negotiate a payment that is in keeping with their ability to pay, while at the same time providing the IRS with the ability to collect at least a portion of the amount that is owed to them. The process is neither simple nor fast: it generally takes at least one to two years for both sides to come to an agreement on an amount to be paid.

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Senior Tax Manager/Partnerships (East San Francisco Area, CA)

Tax Job, Senior Tax Manager, Pleasanton, CA

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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Tax Planning Is More Than Just Tax Filing

Haik Chilingharyan, Tax Planning

Tax planning involves a wide range of strategic decisions and implementations which affect your overall estate plan. In fact, there is arguably no other area of law that is more complex and that contains as many guidelines as the U.S. tax law. In addition, there are also State and Local Tax laws (SALT). The impact of SALT has become even more significant ever since the passage of the Tax Cuts And Jobs Act, primarily because the legislation now limits the SALT deductions to only $10,000.

The understanding of such complicated set of rules is a fundamental key to tax planning. Proper tax planning is a proactive measure that one takes to arrange and rearrange their finances in order to limit his or her tax liability to the lowest amount allowed by law. The confusion often arises because people often make the mistake of thinking that by hiring somebody to file their taxes they are engaging in proactive tax planning. However, the filing of tax returns is usually a reactive activity, not a proactive one.

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Clergy Tax Benefits Under Fire

Chuck Woodson, Clergy Benefits Under Fire

Section 107 of the Internal Revenue Code provides that a minister of the gospel’s gross income doesn’t include the rental value of a home (parsonage) provided; if the home itself isn’t provided, a rental allowance paid as part of compensation for ministerial services is excludable. The benefit is generally referred to as a parsonage allowance. Thus, a minister can exclude the fair rental value (FRV) of the parsonage from income under IRC Sec. 107(1), or the rental allowance under Sec. 107(2), for income tax purposes. The Sec. 107(2) rental allowance is excludable only to the extent that it is for expenses such as rent, mortgage payments, utilities, repairs, etc., used in providing the minister’s main home, and only up to the amount of the FRV of the home.

However, either type of parsonage allowance is only excludable for income tax purposes and is subject to self-employment taxes, although for years before 2018 and after 2025, the amount subject to self-employment tax can be reduced by the minister of the gospel’s employee business expenses.

Back in October 6, 2017, in the US District Court for the Western District of Wisconsin, Judge Barbara B. Crabb, in Gaylor v. Mnuchin (the treasury secretary), concluded that Section 107(2) of the Internal Revenue Code is unconstitutional. Specifically, she concluded that this code section violates the Establishment Clause of the First Amendment because it does not have a secular purpose or effect and because a reasonable observer would view the statute as being an endorsement of religion.

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7 Ways To Prepare Your Business For A Sale

William Rogers, 7 Ways To Prepare Your Business For A Sale

For some business owners, succession planning is a complex and delicate matter involving family members and a long, gradual transition out of the company. Others simply sell the business and move on. There are many variations in between, of course, but if you’re leaning toward a business sale, here are seven ways to prepare:

1. Develop or renew your business plan. Identify the challenges and opportunities of your company and explain how and why it’s ready for a sale. Address what distinguishes your business from the competition, and include a viable strategy that speaks to sustainable growth.

2. Ensure you have a solid management team. You should have a management team in place that’s, essentially, a redundancy of you. Your leaders should have the vision and know-how to keep the company moving forward without disruption during and after a sale.

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Senior Vice President Tax – Family Office (Los Angeles, CA)

VP Tax Job, Tax Executive Search

Our retained search client is a global private family office that actively manages a global diversified portfolio of investments (including private equity and real estate), is seeking to hire a Senior Vice President, Tax. This executive will oversee the company’s global tax function and all matters concerning tax planning and strategy. The Senior VP Tax must have strong pass-through tax experience with M&A experience a plus. This is an exciting position with a direct impact on the success of the family office business operations as a whole.

• Responsible for global tax planning and compliance; reviewing and filing of all domestic and international corporate, personal, partnership and other income and indirect tax returns; implementing and managing company’s income tax and indirect tax compliance activities

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Tax Manager To Partner – Pleasanton, California

The Tax Manager role requires partnership, S corporation, and high-net worth individual tax consulting/compliance 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 for partnerships, S corporations and high-net worth individuals for sophisticated clientele. We will build upon your technical strengths in order to expand your expertise in other tax areas. 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 Tax Manager/Partnerships will be responsible for a range of projects including:

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