Tax Manager

CPS, Inc.; Chicago (IL); On-site; USD 95,000 - 150,000; Full time

Job summary

CPS, Inc. in Chicago, IL is seeking a Tax Manager to oversee tax compliance, planning, and advisory services for a diverse client base. The role includes supervising staff, managing client relationships, and guiding engagement budgets while staying current with tax developments.

The Tax Manager will lead complex return work, advise on entity structures, and identify opportunities to optimize tax liabilities while ensuring regulatory compliance.

Responsibilities

• Manage the preparation and review of complex federal, state, and local tax returns for individuals, corporations, partnerships, S corporations, trusts, and other entities.
• Ensure timely and accurate filing of tax returns, extensions, estimated tax payments, and related compliance requirements.
• Research complex tax issues and interpret changes in tax laws and regulations.
• Review tax workpapers, supporting documentation, and tax provisions as applicable.
• Identify tax risks, planning opportunities, and potential compliance issues.

Job description

Position Summary

The Tax Manager is responsible for managing tax compliance, tax planning, and advisory services for a diverse portfolio of individual, business, and corporate clients. This role oversees the preparation and review of complex tax returns, ensures compliance with federal, state, and local tax regulations, and provides strategic tax guidance to clients. The Tax Manager also supervises and develops tax staff, manages client relationships, monitors engagement budgets, and supports the firm's growth and profitability.

Key Responsibilities

Tax Compliance and Review

• Manage the preparation and review of complex federal, state, and local tax returns for individuals, corporations, partnerships, S corporations, trusts, and other entities.


• Ensure timely and accurate filing of tax returns, extensions, estimated tax payments, and related compliance requirements.


• Research complex tax issues and interpret changes in tax laws and regulations.


• Review tax workpapers, supporting documentation, and tax provisions as applicable.


• Identify tax risks, planning opportunities, and potential compliance issues.

Tax Planning and Advisory

• Provide proactive tax planning and consulting services to clients.


• Advise clients on entity structure, business transactions, tax-efficient strategies, and other tax matters.


• Assist clients with tax notices, audits, examinations, and correspondence with taxing authorities.


• Develop recommendations to minimize tax liabilities while maintaining compliance with applicable laws.


• Stay current on federal, state, and local tax developments and communicate relevant changes to clients.

Client Relationship Management

• Serve as the primary point of contact for assigned clients.


• Build and maintain strong client relationships through regular communication and high-quality service.


• Manage client expectations, deadlines, deliverables, and engagement scope.


• Identify opportunities to expand services and support business development initiatives.


• Prepare and present tax findings, recommendations, and planning strategies to clients.

Team Leadership and Development

• Supervise, mentor, and develop senior accountants, staff accountants, and other tax professionals.


• Review staff work and provide constructive feedback to improve quality and efficiency.


• Allocate resources and manage workloads during peak tax seasons.


• Conduct performance evaluations and support employee training and professional development.


• Promote collaboration, accountability, and adherence to the firm's quality standards.

Engagement and Practice Management

• Manage multiple engagements, deadlines, budgets, and billing activities.


• Monitor engagement profitability, realization, and work-in-progress.


• Identify opportunities to improve processes, technology utilization, and workflow efficiency.


• Ensure compliance with firm policies, professional standards, and quality control procedures.


• Collaborate with audit, accounting, and advisory teams when clients require additional services.