Tax Manager

Synergy Search; Virginia (MN); Hybrid; USD 90,000 - 150,000; Full time

Benefits offered by this job

Hybrid work environment

Comprehensive benefits

Clear path for advancement

Job summary

Synergy Search is seeking an experienced partnership tax professional to join a well-established firm. The role focuses on preparing and reviewing Form 1065 returns and related schedules, with emphasis on allocations under §704(b) and elections under §754.

The successful candidate will mentor junior staff, collaborate with clients, and contribute to high-impact tax work in a hybrid, growth-oriented environment. Base salary to 150K plus bonus.

Qualifications

• 5+ years of partnership tax experience in public accounting, a law firm or industry.
• Strong working knowledge of §§163, 704(b) and 754, and the ability to explain them clearly to non-tax stakeholders.
• Experience with real estate, private equity, investment funds or operating partnerships is a plus.

Responsibilities

• Prepare and review complex partnership returns (Form 1065) and related schedules, including K-1s, K-2s and K-3s
• Model and review partnership allocations under IRC §704(b), including capital account maintenance, substantial economic effect and target allocations
• Analyze and apply §754 elections
• Evaluate interest expense deductibility under IRC §163, including §163(j) business interest limitation calculations and carryforwards
• Advise on transactions such as partner admissions, redemptions, transfers and restructurings
• Mentor junior team members and review their work

Skills

Partnership tax

Tools

CCH

GoSystem

OneSource

Job description

Synergy Search is partnering with a well-established, growing organization to find an experienced partnership tax professional.

What you'll do:

• Prepare and review complex partnership returns (Form 1065) and related schedules, including K-1s, K-2s and K-3s
• Model and review partnership allocations under IRC §704(b), including capital account maintenance, substantial economic effect and target allocations
• Analyze and apply §754 elections
• Evaluate interest expense deductibility under IRC §163, including §163(j) business interest limitation calculations and carryforwards
• Advise on transactions such as partner admissions, redemptions, transfers and restructurings
• Mentor junior team members and review their work

What we're looking for:

• 5+ years of partnership tax experience in public accounting, a law firm or industry
• Strong working knowledge of §§163, 704(b) and 754, and the ability to explain them clearly to non-tax stakeholders
• Experience with real estate, private equity, investment funds or operating partnerships is a plus
• Advanced Excel skills; familiarity with tax software (e.g., CCH, GoSystem, OneSource) is helpful

What's offered:

• Base Salary to 150K + Bonus
• Hybrid work environment
• Comprehensive benefits and a clear path for advancement
• Exposure to sophisticated, high-impact tax work