Senior Tax Reviewer

Magnolia Tax Services; Madison (WI); Remote; USD 70,000 - 80,000; Full time

Benefits offered by this job

Health reimbursement (QSEHRA)

401(k) with employer match

Base salary $70,000–$80,000 (DOE)

Seasonal bonus

100% remote (WI or IL resident)

Job summary

Magnolia Tax Services is seeking a Senior Tax Reviewer to lead reviews of complex business and individual returns, discuss results with clients, and anchor our preparer team from a fully remote, full-time role. You will ensure accuracy and provide planning guidance to engagements.

The position is open to Wisconsin or Illinois residents, offers a base salary of $70,000–$80,000, seasonal bonus, a 401(k) with employer match, and a health reimbursement plan.

Qualifications

• Active Enrolled Agent or CPA credentials, or candidate with substantial review experience.
• 4+ years preparing business returns and 2 seasons reviewing 1120-S and 1065.
• Strong knowledge of S-corp and partnership basis, reasonable compensation, and Schedule E rental activity.
• Confident speaking with clients by phone and video.
• Comfortable working remotely within US Central Time business hours.
• Wisconsin or Illinois resident.

Responsibilities

• Review Forms 1120-S, 1065, and 1040 (with Schedules C and E) prepared in Drake by our domestic and offshore preparers before they go to the client.
• Prepare complex returns yourself when needed, especially multi-entity S-corp and partnership groups.
• Check the items that matter most for our clients: shareholder and partner basis, reasonable compensation, K-1 flow-through, depreciation and cost segregation, passive activity rules, and state filings.
• Lead return review calls with clients, explaining results, open items, and planning opportunities in plain language.
• Respond to IRS and state notices and support the team on correspondence audits.
• Give preparers clear, written review notes that help them improve
• Flag planning opportunities (entity structure, retirement plans, accountable plans) to firm leadership
• Help refine our review checklists and workflow in TaxDome during and after tax season

Skills

Client communication

Remote work proficiency

Attention to detail

Education

Active CPA/EA credential

CPA candidate with substantial review experience

Tools

Drake Tax

TaxDome

Job description

Magnolia Tax Services is hiring a Senior Tax Reviewer to review business and individual returns, talk directly with clients, and serve as a technical anchor for our preparer team. This is a fully remote, full-time role open to candidates living in Wisconsin or Illinois.

Magnolia is a remote tax planning, preparation, and bookkeeping firm based in Milwaukee. We have served 800+ clients and our revenue has doubled every year. Our clients are business owners: S-corp owners, real estate investors, physicians, restaurant and hospitality owners, and realtors. We focus on proactive planning, not just year-end compliance.

What you'll do:

• Review Forms 1120-S, 1065, and 1040 (with Schedules C and E) prepared in Drake by our domestic and offshore preparers before they go to the client
• Prepare complex returns yourself when needed, especially multi-entity S-corp and partnership groups
• Check the items that matter most for our clients: shareholder and partner basis, reasonable compensation, K-1 flow-through, depreciation and cost segregation, passive activity rules, and state filings
• Lead return review calls with clients, explaining results, open items, and planning opportunities in plain language
• Respond to IRS and state notices and support the team on correspondence audits
• Give preparers clear, written review notes that help them improve
• Flag planning opportunities (entity structure, retirement plans, accountable plans) to firm leadership
• Help refine our review checklists and workflow in TaxDome during and after tax season

Requirements

• Enrolled Agent or CPA credential (active), or CPA candidate with substantial review experience
• 4+ years preparing business returns, including at least 2 seasons reviewing 1120-S and 1065 returns
• Strong working knowledge of S-corp and partnership basis, reasonable compensation, and Schedule E rental activity
• Confident speaking with clients by phone and video, including explaining a return or a notice
• Comfortable working remotely and independently, with US Central Time business-hours availability
• Lives in Wisconsin or Illinois

Nice to have

• Medical practice or restaurant clients
• Multistate returns, especially Wisconsin and Illinois
• Experience with Drake Tax and TaxDome (our software stack); other professional tax software experience also welcome

Benefits

• Base salary: $70,000 to $80,000, based on experience and credential
• Busy-season performance bonus
• 401(k) with a 100% employer match on up to 4% of pay (safe harbor plan), eligible after 6 months
• Health reimbursement (QSEHRA): $400/month toward individual health and dental premiums and out-of-pocket medical costs, tax-free, after 90 days
• Full-time, W-2
• 100% remote (must live in Wisconsin or Illinois); standard Central Time business hours, with extended hours during tax season
• A remote role without Big 4 hours, direct access to firm leadership, and a growing client base built on planning work