Job Description Job Description
An established real estate investment and management firm is seeking a Tax Associate or Senior Tax Associate to join its in-house tax team. Reporting to the Director of Tax, this individual will assist with federal, state, and local tax compliance for a diverse portfolio of partnerships, corporations, and related entities.
This hands-on position offers exposure to complex real estate partnerships, investment structures, multi-state filings, investor reporting, and special projects.
Responsibilities
- Prepare and assist with the review of partnership tax returns (Form 1065) and Schedules K-1 for real estate partnerships, funds, and joint ventures.
- Prepare individual income tax returns (Form 1040) for firm principals.
- Develop and maintain tax workpapers, basis calculations, capital account reconciliations, and supporting schedules.
- Prepare multi-state tax returns, extensions, and estimated payments; track tax estimates, refunds, and credits across entities.
- Prepare state composite returns and nonresident withholding filings, and assist with evaluating and preparing applicable pass-through entity tax (PTET) elections.
- Assist with NYC Real Property Income and Expense (RPIE) filings, including gathering financial information and coordinating with property management and accounting teams.
- Respond to investor and advisor questions regarding K-1s, state filing requirements, and tax reporting packages.
- Assist with tax notices, coordinate with external CPA firms, and maintain organized tax records.
- Conduct tax research using Checkpoint, CCH, or similar platforms and document findings.
- Collaborate with accounting, investor relations, acquisitions, and legal teams on tax-related matters.
- Support improvements to tax compliance processes and software utilization.
- Maintain compliance calendars to ensure filing, extension, and payment deadlines are met.
Qualifications
- Bachelor's degree in Accounting required; master's degree in Taxation preferred.
- 2-5 years of post-college public accounting experience preferred, ideally serving real estate clients, partnerships, or investment entities.
- Strong understanding of partnership taxation, including Subchapter K, Form 1065, Schedules K-1, and multi-state compliance.
- Experience preparing individual income tax returns.
- Proficiency with tax preparation software and advanced Microsoft Excel skills.
- CCH Axcess experience strongly preferred; experience with ProSystem fx or comparable software is also relevant.
- CPA eligibility or progress toward CPA licensure preferred.
- Strong attention to detail, organizational skills, and the ability to manage multiple deadlines.
- Effective written and verbal communication skills and a collaborative approach.
- Willingness to work additional hours during peak tax compliance periods, particularly around the March 15 and September 15 deadlines.
Schedule: In office Monday-Thursday, with flexibility to work from home on Fridays
