Tax Strategist

7 days ago


Chicago, Illinois, United States Jobot Full time
Job Description

We are a fee-only wealth management firm based in Chicago, IL. As a Registered Investment Advisor (RIA), we provide full-service investment advisory, tax planning, return preparation, estate, and financial planning services tailored to meet the individual needs of each of our valued clients.

The ideal candidate will play a crucial role in our firm, providing strategic tax planning and return preparation services to our diverse clientele, including individuals, closely held businesses, S-corporations, limited liability companies, and partnerships and trusts.

This role demands a deep understanding of current tax laws and the ability to apply advanced tax strategies to minimize our clients' tax liabilities and preserve their assets for future generations.

  • Develop and implement strategic tax planning for clients.
  • Prepare and review complex federal and multistate tax returns for individuals, corporations, partnerships, and trusts.
  • Provide audit representation and manage relationships with tax authorities.
  • Monitor changes in tax laws and advise clients on potential impacts and opportunities.
  • Utilize advanced tax strategies, including income-shifting, gifting techniques, and the use of pass-through entities.
  • Collaborate with financial advisors to integrate tax planning with clients' overall financial strategies.
  • Conduct budgeting, cash-flow analysis, and prepare net-worth statements.
  • Oversee additional business services such as bookkeeping, fixed asset tracking & reconciliation, and succession planning.
  • Act as a trusted advisor to clients, providing comprehensive and coherent financial strategies.
Requirements
  • Bachelor's degree in Accounting, Finance, or related field.
  • Minimum of 5-7 years of experience in tax planning and preparation, preferably within a wealth management or financial advisory firm.
  • Extensive experience with multistate tax returns and complex tax scenarios.
  • Strong knowledge of current tax laws and regulations.
  • Proven ability to develop and implement tax minimization strategies.
  • Proficiency in tax preparation software and Microsoft Office Suite.
  • Familiarity with audit representation and dealing with tax authorities.
  • Knowledge of bookkeeping, fixed asset tracking, and succession planning.
  • Experience in financial advisory or investment management firms.
Estimated Salary: $110,000 - $140,000 per year
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