Transactional Tax Associate (2+ yrs exp) - Los Angeles

Permanent Placements LLC; Los Angeles (CA); On-site; USD 235,000 - 360,000; Full time

Benefits offered by this job

Medical, dental, and vision insurance

401(k) retirement plan

Paid time off

CLE opportunities

Wellness programs

Job summary

Permanent Placements LLC is seeking a Tax-Exempt Organizations Associate for a nationally recognized Am Law firm in Los Angeles. This role specializes in transactional tax for nonprofits, educational institutions, healthcare systems, and foundations, with work spanning governance, tax planning, and compliance.

The successful candidate will join a team of experienced practitioners, advising on mergers, joint ventures, reorganizations, and related tax matters, while collaborating across corporate,

Qualifications

• J.D. from an accredited law school and California Bar membership.
• At least 2 years of transactional tax experience in a large law firm.
• Experience advising nonprofit or tax-exempt organizations.
• Strong drafting, analytical, and problem-solving abilities.

Responsibilities

• Advise nonprofit and tax-exempt organizations on transactional, operational, and tax matters.
• Draft and negotiate documents relating to nonprofit mergers and acquisitions, joint ventures, reorganizations, spin-offs and financings.
• Prepare governance materials, IRS submissions and exemption filings.
• Counsel on tax-exempt status, UBIT, private inurement, sanctions, compensation, and governance issues.
• Assist organizations and leaders with complex operational and tax planning issues.
• Collaborate with attorneys across corporate, tax, healthcare and private client practices.

Skills

drafting abilities

analytical thinking

problem-solving

written communications

verbal communications

collaboration

fast-paced work

Education

J.D. from an accredited law school

LL.M. in Taxation

Job description

Tax-Exempt Organizations Associate

Our client, a nationally recognized Am Law firm, is seeking a Transactional Tax Associate with 2+ years of experience to join its highly regarded Tax-Exempt Organizations Practice in Los Angeles.

This is a unique opportunity for an attorney interested in building a specialized practice representing nonprofit organizations, educational institutions, healthcare systems, foundations, research organizations, trade associations, and other tax-exempt entities. The successful candidate will work on sophisticated transactional, governance, tax, and compliance matters while collaborating closely with nationally recognized practitioners in the nonprofit sector.

Responsibilities

• Advise nonprofit and tax-exempt organizations on transactional, operational, and tax-related matters


• Draft and negotiate documents relating to:
  
  
  
  • Nonprofit mergers and acquisitions
  
  
  • Joint ventures
  
  
  • Corporate reorganizations
  
  
  • Spin-offs and restructurings
  
  
  • Tax-exempt bond financings
  
  
  
  


• Prepare and review:
  
  
  
  • Board resolutions and governance materials
  
  
  • IRS submissions and exemption-related filings
  
  
  • Client alerts and advisory memoranda
  
  
  
  


• Counsel clients regarding:
  
  
  
  • Tax-exempt status compliance
  
  
  • Unrelated business income tax (UBIT)
  
  
  • Private inurement and private benefit issues
  
  
  • Intermediate sanctions
  
  
  • Executive compensation matters
  
  
  • Charitable solicitation and fundraising activities
  
  
  • Governance and fiduciary responsibilities
  
  
  
  


• Assist organizations and individual leaders with complex operational and tax planning issues


• Collaborate with attorneys across corporate, tax, healthcare, and private client practices on multidisciplinary matters

Qualifications

• J.D. from an accredited law school


• Active membership in good standing with the California Bar


• At least 2 years of transactional tax experience, preferably in a large law firm environment


• Experience advising nonprofit or tax-exempt organizations


• Strong drafting, analytical, and problem-solving abilities


• Excellent written and verbal communication skills


• Strong academic credentials


• Interest in developing a specialized nonprofit and tax-exempt organizations practice


• Ability to thrive in a fast-paced and collaborative environment

Preferred Qualifications

• Experience with:
  
  
  
  • Tax-exempt organizations
  
  
  • Nonprofit governance
  
  
  • Charitable organizations
  
  
  • Tax-exempt bond transactions
  
  
  • Executive compensation planning
  
  
  
  


• LL.M. in Taxation


• Corporate transactional experience involving tax planning components

Why This Opportunity

Our client offers attorneys the opportunity to develop one of the most specialized and sophisticated nonprofit and tax-exempt organization practices in the country. Attorneys benefit from:

• Direct mentorship from nationally recognized tax-exempt organizations practitioners


• Exposure to complex nonprofit transactions and governance matters


• Significant client contact and responsibility


• Work with educational institutions, healthcare organizations, foundations, religious institutions, museums, and research organizations


• Strong professional development and long-term partnership-track opportunities


• Collaborative and entrepreneurial environment

Compensation & Benefits

• Base Salary: $235,000 - $360,000 annually


• Eligibility for annual merit increases


• Eligibility for performance-based bonus opportunities

Benefits may include:

• Medical, dental, and vision insurance


• 401(k) retirement plan


• Paid time off


• Professional development and CLE opportunities


• Wellness and employee assistance programs


• Additional firm-sponsored benefits

Location

• Los Angeles, California