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Baker Tilly Advisory Group, LP

Private Wealth Tax, Director-Washington Tax Council

Baker Tilly Advisory Group, LP, Chicago, Illinois, United States, 60290


This job was posted by https://illinoisjoblink.illinois.gov : For more information, please see: https://illinoisjoblink.illinois.gov/jobs/12315135

Overview

Baker Tilly is a leading advisory, tax and assurance firm, providing clients with a genuine coast-to-coast and global advantage in major regions of the U.S. and in many of the world\'s leading financial centers - New York, London, San Francisco, Los Angeles, Chicago and Boston. Baker Tilly Advisory Group, LP and Baker Tilly US, LLP (Baker Tilly) provide professional services through an alternative practice structure in accordance with the AICPA Code of Professional Conduct and applicable laws, regulations and professional standards. Baker Tilly US, LLP is a licensed independent CPA firm that provides attest services to its clients. Baker Tilly Advisory Group, LP and its subsidiary entities provide tax and business advisory services to their clients. Baker Tilly Advisory Group, LP and its subsidiary entities are not licensed CPA firms.

Baker Tilly Advisory Group, LP and Baker Tilly US, LLP, trading as Baker Tilly, are independent members of Baker Tilly International, a worldwide network of independent accounting and business advisory firms in 141 territories, with 43,000 professionals and a combined worldwide revenue of \$5.2 billion. Visit bakertilly.com or join the conversation on LinkedIn, Facebook and Instagram.

Please discuss the work location status with your Baker Tilly talent acquisition professional to understand the requirements for an opportunity you are exploring.

Baker Tilly is an equal opportunity/affirmative action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability or protected veteran status, gender identity, sexual orientation, or any other legally protected basis, in accordance with applicable federal, state or local law.

Any unsolicited resumes submitted through our website or to Baker Tilly Advisory Group, LP, employee e-mail accounts are considered property of Baker Tilly Advisory Group, LP, and are not subject to payment of agency fees. In order to be an authorized recruitment agency (\"search firm\") for Baker Tilly Advisory Group, LP, there must be a formal written agreement in place and the agency must be invited, by Baker Tilly\'s Talent Attraction team, to submit candidates for review via our applicant tracking system.

Job Description:

Tax Director, Individual Tax - Washington National Tax

This is an internal position in Washington National Tax to provide thought leadership to the Baker Tilly tax practice and clients. This position is ideal for tax specialists who want to expand their technical skills and build a career in a specific field of tax. We are seeking a strong individual with deep knowledge and demonstrated experience in the taxation of individual taxes. Must be located near a Baker Tilly office location.

The Washington Tax Council position, specializing in individual taxes, requires a candidate with profound knowledge and experience in various critical areas of taxation. The ideal candidate will possess a comprehensive understanding of the following domains:

You will enjoy this role if:

You like deciphering federal tax regulations and other guidance and can explain it to othersYou enjoy working with a team of like-minded individualsYou prefer internal clients instead of external clientsYou like having a predominately steady schedule without the large peaks of busy seasonYou are a strong writer and communicatorYou enjoy writing and research

Areas of expertise we are looking for:

Gift and Estate Taxes

The candidate should be well-versed in the regulations governing gift and estate taxes. This includes knowledge of:

Lifetime gift tax exemptions and annual exclusion limitsEstate tax hresholds and applicable ratesStrategies for estate planning and minimizing tax liabilities

Charitable Contributions Rules

Expertise in the rules surrounding charitable contributions is essential. This encompasses:

Deductibility limits for different types of donations (cash, securities, real estate)Substantiation and record-keeping requirementsSpecial rules for charitable remainder trusts and donor-advised fundsImpact of contributions on adjusted gross income (AGI)

Net Investment Income Tax (NIIT)

The candidate must understand the intricacies of the Net Investment Income Tax, including:

Applicable thresholds for individuals, trusts, and estatesTypes of income subject to NIIT (interest, dividends, capital gains, rental income)Calculation methods and reporting requirementsStrategies for reducing NIIT liabilities

Qualified Business Income Deduction (QBID)

Proficiency in the Qualified Business Income Deduction is required, with expertise in:

Eligibility criteria for business types and income levels

Phase-out thresholds and limitat