US Tax Senior (Individual Tax Returns -(Form 1040)

Job Description:

We are seeking an experienced US Tax Senior to handle end-to-end preparation and review of complex individual tax returns (Form 1040), including high-net-worth individuals, expatriates, and clients with foreign reporting requirements. The role involves technical review, mentoring juniors, and ensuring compliance with US tax laws and filing standards.

Key Responsibilities

1. Tax Preparation & Review
. Prepare and review complex Form 1040 returns including all supporting schedules
. Handle income types such as wages, self-employment, investments, rentals, K-1s, capital gains, stock compensation (RSU/ESOP), etc.
. Review returns prepared by junior staff for accuracy and completeness

2. Foreign Reporting & International Compliance
. Prepare and review:
o FBAR (FinCEN Form 114)
o Form 8938 (FATCA reporting)
o Form 1116 (Foreign Tax Credit)
o Form 2555 (Foreign Earned Income Exclusion)
o PFIC reporting (Form 8621)
o Form 5471 (Controlled Foreign Corporations)
o Form 8865 (Foreign Partnerships)
o Form 5472 (Foreign-owned US entities - individual involvement where applicable)

. Analyze foreign income, treaty positions, and cross-border tax implications

3. Technical Review & Research
. Perform detailed technical reviews ensuring compliance with IRS regulations
. Research complex tax issues including residency, sourcing rules, and foreign credits
. Apply tax treaty provisions where applicable

4. Client Coordination
. Communicate with clients for missing information and clarifications
. Provide basic advisory insights on tax positions and planning opportunities
5. Team Management
. Review and guide junior preparers
. Provide feedback and training to improve quality and efficiency

6. Compliance & Deadlines
. Ensure timely filing of returns, extensions, and estimates
. Maintain proper documentation and workpapers

Key Forms Covered
. Form 1040 and schedules (A, B, C, D, E, etc.)
. Forms 1116, 2555, 8938, 8621, 5471, 8865, 5472
. FBAR (FinCEN 114)
. State returns and multi-state filings

Qualifications
. CA / CPA / EA or equivalent
. 2-4+ years of US individual tax experience
. Strong knowledge of international tax reporting