Tax Manager

2 days ago


Newport Beach, United States FuteGlobal Full time

Job Title: Tax Associate / Tax Senior

Location: Newport Beach, CA

Department: Tax

We are seeking a Tax Associate (3-5 years of experience) and a Tax Senior (6+ years of experience) to join our team. These positions focus on real estate partnership tax, leveraging expertise in CCH ProSystem.

Key Responsibilities:

  • Tax Associate: Prepare/review tax returns, handle partnership minimum gain, recourse vs. nonrecourse debt allocations, interest expense on debt-financed distributions, and Form 8308 sale or exchange reporting. Address disguised sale rule, Section 163(j) election out, and PTE elective tax payments.
  • Tax Senior: Oversee complex tax return preparation, including Section 754 election, Section 743 adjustments, waterfall allocations, and targeted capital account allocations. Navigate passive activity loss rules, real estate professional rules, superseding returns, and qualified business income rules (QBIA) with step-ups via inheritance. Manage QOFs, cost segregation studies, administrative adjustment requests, and CA foreign tax withholding. Mentor staff and lead tax planning.

Qualifications:

  • Tax Associate: Bachelor’s degree, 3-5 years of experience, proficiency in CCH ProSystem, strong real estate tax knowledge.
  • Tax Senior: Bachelor’s degree (CPA preferred), 6+ years of experience, advanced CCH ProSystem skills, deep understanding of real estate tax issues, and leadership experience.



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