Tax Experienced Senior, Business Incentives Group

JOB DESCRIPTION

The Tax Experienced Senior, Business Incentives Group is primarily responsible for executing project tasks to identify, document, and support on exam BIG tax credits and incentives. In this role, the Tax Experienced Senior, Business Incentives Group is charged with utilizing research skills and applying industry knowledge to understand the potential BIG tax credit issues and opportunities and to gather client information and documentation to identify qualified costs and expenses and calculate the BIG benefits efficiently and effectively.

The role also may assist with business development and operational matters.

The Tax Experienced Senior, Business Incentives Group is primarily responsible for executing project tasks to identify, document, and support on exam BIG tax credits and incentives. In this role, the Tax Experienced Senior, Business Incentives Group is charged with utilizing research skills and applying industry knowledge to understand the potential BIG tax credit issues and opportunities and to gather client information and documentation to identify qualified costs and expenses and calculate the BIG benefits efficiently and effectively.

The role also may assist with business development and operational matters.

• Identifies intermediate to complex situations when research is needed, providing an outline of the issue(s) and research to be conducted
• Analyzes researched facts and sources prior to composing a detailed report of the research findings
• Composes standard research memos in support of projects / transactions

• Ensures clients comply with applicable authorities while identifying options for minimizing the client’s tax and reporting burdens
• Obtains required client information to utilize in the preparation of tax filings
• Identifies “gray areas” and communicates related risk potential for contingent tax liabilities
• Completes pro forma Forms 6765 and other related state forms
• Ensures all necessary approvals and documentation, including but not limited to budgets, work plans, executed tax engagement letters, are in place prior to engagement work commencing

• Develops, recommends, and implements standard tax methods to provide clients with maximum tax benefits related to current and future tax obligations
• Assists in the review and response to notices for federal and state agencies
• Documents all significant tax positions, as well as issues, findings, and deliverables in accordance with firm policies
• Identifies and calculates BIG benefits, including potential credits, deductions, and other federal and state opportunities
• Contributes to the development of new and improved ways to identify qualified costs and activities
• Identifies tax consulting opportunities and participates in the marketing of services to existing and prospective clients

• Supports representation of clients before tax authorities on contested issues

• Uses Caseware, GoSystems, tax research databases, and other tax-related software in the completion of assigned tasks

• Develops an in-depth understanding of the technical and practical issues and opportunities regarding BIG tax benefits
• Calculates the federal BIG tax credit and applies BIG benefits of all states in his/her region
• Suggests ways to develop or improve tools, methodologies, policies, etc., to enhance the efficiency and effectiveness of BIG services
• Identifies other opportunities and issues other than those related only to BIG

• Understands and applies industry standards, along with firm policies and BDO Tax Quality Manual requirements as they relate to FAS 109 and FIN
  48
• Recognizes, measures, and documents clients’ financial benefits

• Assists in the preparation of studies of tax implications to identify alternative courses of actions to benefits clients
• Develops new or improved ideas to advance the position of clients, the firm or firm personnel through reduction in taxes or expenses or offering of non-tax benefits
• Identifies and communicates possibilities for referrals while maintain awareness of the firm’s tax specialists