Fiduciary Tax Accountant

Job Summary

Under the supervision of the Estate & Probate Administration Manager, the Fiduciary Tax Accountant works closely with members of the Wealth Management Group to provide high level client service to family office clients. The Fiduciary Tax Accountant prepares estate tax returns, gift tax returns, and fiduciary income tax returns for Firm clients.

Job Functions

• Prepares, reviews and processes estate tax, fiduciary income tax, and gift tax returns (forms 706, 8971, 1041 and 709 and related state filings) for the Wealth Management Group clients.
• Analyze trust documents and estate plans to determine tax implications and compliance requirements.
• Collaborate with attorneys, advisors, and clients to develop tax-efficient strategies for wealth transfer and estate planning.
• Maintain accurate records of trust and estate transactions, distributions, and tax filings.
• Monitor changes in tax laws and regulations affecting fiduciary entities and advise stakeholders accordingly.
• Assist with IRS and state tax audits and correspondence.
• Provide support in the valuation of estate assets and preparation of estate tax returns.
• Ensure timely filing of tax returns and estimated payments.
• Utilize tax software and financial systems to manage workflow and reporting.
• Ensures the Firm complies, on behalf of our clients, with federal, state and foreign tax rules and regulations.
• Provide overflow support to Tax Department.

Qualifications

• Bachelor’s degree in accounting, finance or business administration.
• CPA, JD, or Enrolled Agent required.
• 7 years of experience in fiduciary tax accounting, preferably in a law firm, wealth management firm, or public accounting environment. Experience working with high-net-worth individuals and complex estate structures preferred.
• Strong knowledge of fiduciary taxation, estate and gift tax rules.
• Advanced Excel skills, and proficiency in tax preparation software.
• Excellent analytical, organization, and communication skills.
• Ability to manage multiple priorities and meet deadlines in a fast-paced environment.

Work Authorization

• Applicants must be legally authorized to work in the United States without the need for sponsorship by the Firm (either now or in the future).

Compensation And Total Rewards Package

Choate offers a comprehensive Total Rewards package to our business professional team members. The firm also offers comprehensive health and well-being benefits, personal and professional development, career growth opportunities and a collegial and supportive culture. The anticipated pay range for this role is listed below and represents our good faith and reasonable estimate of the salary range for this specific position at the time of posting. In addition, this role is eligible for a discretionary bonus based on performance. The actual offered rate for this position will be determined based on job-related, non-discriminatory factors, including but not limited to qualifications and experience, education, external market data and consideration of internal equity.

$110,000 - $160,000