Position Summary

Deloitte Tax LLP seeks a Tax Senior in New York, NY.

Work You’ll Do

Advise clients to balance Form 1042/1042-S, Form 8804/8805, Form 1099/945, and Automatic Exchange of Information compliance details and long-term tax strategies as well as understand national and international tax structures and align tax functions with business objectives. Provide day-to-day client service relationships and serve as the gateway to a variety of specialized tax services that can help improve compliance with taxing entities while maintaining each client’s overall tax risk profile, and work closely with clients and other members of the team to understand each organization’s global goals and strategies and how industry and economic trends affect the business. Review entity organization charts to identify fund structure, review Article of Incorporation to identify business operations, and then determine entity legal classification under the Federal Tax Chapter 4 regulations. Participate in complex tax research projects for clients in diverse industries, and research and analyze a wide range of tax issues related to business transactions and the tax implications of financing techniques for a variety of entities and their affiliates, and research tax legislation to assist in understanding the impact on compliance and consulting. Mentor and coach junior team members, including providing check-ins, feedback, and career advice. Perform a detailed technical review of compliance-related work such as Form 1042/1042-S, Form 8804/8805, Form 1099/945, and FATCA/CRS returns and review all related workpapers in project execution process. Perform project administrative activities such as preparing Engagement Letter and Statement of Work, and preparing invoices. Train junior team members researching U.S. tax treaties to determine tax withholding rate basing on payee status and payment information, and review the tax withholding analysis performed by junior team members. Train junior team members on tax form validation rules and validating tax forms W-9, W-8BEN, W-8BEN-E, W-8EXP, W-8IMY, W-8ECI, and CRS certification forms. Train junior team members on FATCA and CRS regulations, and perform detailed reviews on draft FATCA and CRS returns to provide feedback to junior team members. Assist with Internal Revenue Service tax examinations, drafting memos to analyze and respond to Information Document Requests (IDRs) and various tax notices, and assisting with abatements and reclaim services.

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Requirements

  • Bachelor's (or higher) degree in Accounting, Finance, Taxation, or related field (willing to accept foreign education equivalent).
  • Eighteen months of experience providing tax planning services or preparing and reviewing client work papers and tax returns.
  • Experience must include eighteen months of:
    • Analyzing clients’ systems to identify gaps and provide solutions in information gathering and other processes necessary for reporting under the Foreign Account Tax Compliance Act (FATCA) and Common Reporting Standards (CRS);
    • Providing consulting services on FATCA and CRS for clients across various jurisdictions and assisting clients with FATCA and CRS reporting;
    • Monitoring FATCA and CRS regulations to identify changes issued by the global jurisdictions, and assisting clients with new reporting requirements to determine global impacts;
    • Utilizing tax software, including 1099-Pro, BNA Superform, ONESOURCE, and CCH Axcess, to provide tax compliance and consulting services to clients, and utilizing LexisNexis to research and solve complex tax issues;
    • Assisting with Internal Revenue Service tax examinations, drafting memos to analyze and respond to Information Document Requests (IDRs) and various tax notices, and assisting with abatements and reclaim services;
    • Performing withholding tax computations, and preparing and filing federal Forms 1042, 1042-S, 8804, and 8805 under IRS IRC 1441-1443, IRS IRC 1446, and IRS Regs. 1.1471-1.1474;
    • Validating tax forms W-9, W-8BEN, W-8BEN-E, W-8EXP, W-8IMY, W-8ECI, and CRS certification forms;
    • Reviewing transaction information and analyzing source and character of the payments to determine if income payee received would be considered fixed, determinable, annual, periodical (“FDAP”) or effectively connected with U.S. trade or business (“ECI”);
    • Researching U.S. tax treaties to determine tax withholding rate basing on payee status and payment information; and
    • Providing tax compliance services relating to Report of Foreign Bank and Financial Accounts (FBAR) on FinCEN Form 114.

Our people and culture

Our diverse, equitable, and inclusive culture empowers our people to be who they are, contribute their unique perspectives, and make a difference individually and collectively. It enables us to leverage different ideas and perspectives, and bring more creativity and innovation to help solve our client most complex challenges. This makes Deloitte one of the most rewarding places to work. Learn more about our inclusive culture.

Professional development

From entry-level employees to senior leaders, we believe there’s always room to learn. We offer opportunities to build new skills, take on leadership opportunities and connect and grow through mentorship. From on-the-job learning experiences to formal development programs, our professionals have a variety of opportunities to continue to grow throughout their career.


As used in this posting, "Deloitte" means Deloitte Tax LLP, a subsidiary of Deloitte LLP. Please see www.deloitte.com/us/about for a detailed description of the legal structure of Deloitte LLP and its subsidiaries. Certain services may not be available to attest clients under the rules and regulations of public accounting.

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability or protected veteran status, or any other legally protected basis, in accordance with applicable law.

Requisition code: 114649

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