Advanced Tax Service Specialist

3 weeks ago


Washington DC USA, United States Cordia Resources by Cherry Bekaert Full time
Job Title: Advanced Tax Service Specialist

Cordia Resources by Cherry Bekaert is seeking a highly skilled Advanced Tax Service Specialist to join our team for project-based work related to FDIC bank receivership. This is a remote job opportunity with occasional travel required.

Job Summary

We are looking for a subject matter expert with extensive experience in complex tax consulting and compliance. The ideal candidate will have a deep understanding of tax statutes, regulations, and case law, as well as expertise in evaluating tax credits and IRC section 174 research and experimental expenditures.

Responsibilities
  • Apply subject matter expertise to research relevant tax statutes, regulations, and case law, and apply to client fact patterns to determine appropriate treatment, income tax positions, compliance, and opportunities for claims for credit or refund.
  • Responsible for complex tasks related to identifying, documenting, reporting, and sustaining various tax credits, including low income housing, research and development, and IRC section 174 research and experimental expenditures.
  • Engage in discussions with client technical personnel to identify fact patterns useful to determine the eligibility of potential research tax credits and associated investments and activities.
  • Analyze large data sets of payroll, contractor, and project-related information to isolate potentially qualifying costs for research tax credit claims.
  • Evaluate software development activities for purposes of applying complex regulations regarding software development and internal-use software-based research tax credit claims.
  • Apply case law to applicable fact patterns and review contracts to evaluate risk and determine appropriate treatment of potentially qualifying activities and costs.
  • Identify, organize, prepare, and review documentation to demonstrate how software development activities meet four-part test (and high threshold of innovation test, as applicable) to be qualified for research tax credit.
  • Document methodology, statutes, and client fact patterns, including describing software development activities for research tax credits.
  • Lead the integration of cross-functional teams, such as tax, finance, engineering, product, and legal, to gather necessary information and ensure accurate documentation.
  • Provides audit and/or tax controversy support in the event that complex tax issues are examined/audited/denied by taxing authorities.
Requirements
  • At least five (5) years of complex tax consulting and compliance experience with a public accounting firm and/or financial institution.
  • Subject matter expert on complex tax issues, including research tax credits, software development activities, and IRC section 174 research and experimental expenditures.
  • Highly skilled in relevant area of expertise, including tax compliance for C Corps, S Corps, partnerships, payroll, withholding, information tax reporting, and identifying, documenting, and sustaining research credits and IRC section 174 research and experimental expenditures.
  • Strong verbal and written communication skills.
  • Master's Degree in Taxation or licensed Certified Public Accountant or attorney specializing in tax law.


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