What are the responsibilities and job description for the Nonprofit Tax Manager position at CPS, Inc.?
Position Summary
The Nonprofit Tax Manager is responsible for managing tax compliance, consulting, and advisory services for a portfolio of nonprofit organizations, charitable foundations, and tax-exempt entities. This role oversees the preparation and review of federal and state tax filings, ensures compliance with applicable tax-exempt organization regulations, and advises clients on tax reporting, governance, and compliance matters. The Tax Manager also supervises tax professionals, manages client relationships, and supports the growth and profitability of the firm's nonprofit tax practice.
Key Responsibilities
Tax Compliance and Reporting
The Nonprofit Tax Manager is responsible for managing tax compliance, consulting, and advisory services for a portfolio of nonprofit organizations, charitable foundations, and tax-exempt entities. This role oversees the preparation and review of federal and state tax filings, ensures compliance with applicable tax-exempt organization regulations, and advises clients on tax reporting, governance, and compliance matters. The Tax Manager also supervises tax professionals, manages client relationships, and supports the growth and profitability of the firm's nonprofit tax practice.
Key Responsibilities
Tax Compliance and Reporting
- Manage the preparation and review of federal and state tax returns for nonprofit organizations, including Form 990, Form 990-EZ, Form 990-PF, and Form 990-T, as applicable.
- Ensure timely and accurate filing of required tax returns, extensions, and related compliance documents.
- Review financial information, supporting workpapers, and disclosures for completeness and accuracy.
- Evaluate unrelated business taxable income (UBTI), unrelated business activities, and potential tax liabilities.
- Advise clients on public charity status, private foundation requirements, and tax-exempt organization reporting obligations.
- Monitor changes in federal and state tax laws and regulations affecting tax-exempt organizations.
- Provide tax advisory services related to charitable contributions, fundraising activities, grants, and endowment income.
- Advise nonprofit clients on unrelated business income, employment tax matters, and other federal and state tax issues.
- Assist organizations with IRS correspondence, tax notices, examinations, and compliance issues.
- Identify potential tax risks and recommend strategies to strengthen compliance and minimize unnecessary tax exposure.
- Provide guidance on executive compensation reporting, governance practices, and applicable disclosure requirements.
- Serve as the primary tax contact for assigned nonprofit clients.
- Develop and maintain strong relationships with executive directors, chief financial officers, controllers, and board members.
- Communicate tax requirements, filing deadlines, regulatory developments, and recommendations clearly.
- Coordinate with audit, assurance, and advisory teams to deliver integrated services.
- Identify opportunities to expand client relationships and support business development initiatives.
- Supervise, mentor, and review the work of senior accountants, staff accountants, and other tax professionals.
- Manage multiple engagements, deadlines, budgets, and billing activities.
- Review tax workpapers and returns to ensure technical accuracy and compliance with firm quality standards.
- Monitor engagement profitability, realization, and workflow efficiency.
- Support staff training, performance evaluations, and professional development.