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Frazier & Deeter, LLC

Partnership Tax Senior Manager

Posted 4 Days Ago
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In-Office
Charlotte, NC, USA
Senior level
In-Office
Charlotte, NC, USA
Senior level
Leads complex partnership and passthrough tax engagements, including Form 1065 and K-1 reviews, federal and multistate compliance, tax planning, transaction advisory, and Subchapter K matters. Advises clients on formations, allocations, basis, restructurings, acquisitions, and partnership transactions. Oversees engagement budgets, staffing, deadlines, billing, and delivery while mentoring tax professionals, managing client relationships, supporting business development, and expanding the firm's partnership tax practice.
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Join Frazier & Deeter and be a part of a rapidly growing Top 50 accounting & advisory firm that has been repeatedly named a Best Firm to Work For, a Best Firm for Women and a Pacesetter firm among U.S. accounting firms. With several offices across the U.S., UK, and India, there is a spot for you!  

We serve clients of all sizes across the United States and the globe, with a suite of services that grow every year. Our growth mindset and entrepreneurial environment translates into variety and opportunity for our people. 

At Frazier & Deeter, we’re committed to training, mentoring, and developing our staff members. With our emphasis on Investing in Relationships to Make a Difference and a Firmwide Focus on Inclusion, we help each other grow in every aspect of life.  

Job Summary:

As a Partnership Tax Senior Manager, you will serve as a technical and client-facing leader within our Passthrough Tax practice, with a particular focus on complex partnership taxation. You will work closely with partners, clients, and engagement teams to plan, manage, review, and deliver sophisticated partnership tax compliance and consulting engagements.

You will advise clients on complex partnership structures, tax planning, transactions, allocations, basis considerations, and federal and multi-state compliance. You will serve as a technical resource on partnership tax matters, translating complex tax concepts into practical guidance and identifying planning opportunities that support clients’ broader business objectives.

In addition to leading engagements, you will develop and mentor professionals, strengthen client relationships, and contribute to the continued growth of the firm’s Passthrough Tax practice.

Our professionals have one goal in mind when working with clients: helping them minimize tax liability while remaining compliant with evolving tax laws. Beyond compliance, our teams advise clients on tax planning, investments, mergers and acquisitions, reorganizations, restructurings, and other transactions with significant

Duties & Responsibilities:

  • Lead and conduct high-level review of complex partnership and passthrough tax engagements, with significant responsibility for Forms 1065, Schedules K-1, and related federal and state filings.
  • Serve as a technical resource on Subchapter K and complex partnership tax matters, including partnership formations, allocations, distributions, basis, capital accounts, and transactions involving partnership interests.
  • Advise clients on complex partnership tax matters, including IRC Sections 704(b), 704(c), 743(b), and 754 elections and adjustments, as applicable to client structures and transactions.
  • Analyze the tax implications of partnership formations, acquisitions, dispositions, restructurings, ownership changes, partner admissions and exits, and other transactions.
  • Develop tax planning and consulting strategies for partnerships, partners, and other passthrough entities, identifying opportunities and potential tax risks.
  • Provide tax guidance related to mergers, acquisitions, and transactional activity involving partnerships and passthrough entities, including structuring and tax planning considerations.
  • Advise clients on multi-state partnership taxation, filings, nexus, and related state and local tax considerations.
  • Stay current on changes in partnership tax law and regulations and translate technical developments into practical recommendations for clients and engagement teams.
  • Lead complex tax engagements from planning through completion, including scope, budgeting, staffing, technical review, deadlines, billing, and delivery.
  • Develop and maintain strong client relationships and serve as a trusted advisor on complex tax and business matters.
  • Lead client meetings and clearly communicate sophisticated partnership tax concepts to tax and non-tax stakeholders.
  • Supervise, train, mentor, and develop staff and senior associates, including reviewing their work and strengthening their technical partnership tax knowledge.
  • Collaborate with partners and other firm professionals to identify opportunities for expanded client service and integrate tax expertise across service lines.
  • Participate in business development activities and help grow the firm’s Partnership and Passthrough Tax practice.

Education & Experience: 

  • Bachelor’s and/or Master’s degree in Accounting, Taxation, or a related field.
  • Active CPA license required.
  • 8+ years of progressive public accounting tax experience with significant specialization in partnership and passthrough taxation.
  • Extensive experience preparing and reviewing complex partnership returns (Form 1065), Schedules K-1, and related federal and state filings.
  • Advanced knowledge of Subchapter K and partnership taxation, including partnership formations, contributions, distributions, allocations, basis, and transactions involving partnership interests.
  • Strong technical knowledge of IRC Sections 704(b) and 704(c), partner and partnership basis, capital accounts, special allocations, and partnership distributions.
  • Experience with IRC Sections 743(b) and 754 elections and basis adjustments strongly preferred.
  • Experience providing tax consulting and planning related to partnership acquisitions, dispositions, restructurings, ownership changes, and other complex transactions preferred.
  • Experience with multi-state partnership filings, nexus considerations, and state tax issues.
  • Proven experience overseeing complex client engagements and delivering high-quality client service.
  • Demonstrated ability to develop and execute sophisticated tax planning strategies for partnership and passthrough clients.
  • Experience supervising, reviewing, training, mentoring, and developing staff and senior associates.
  • Proficiency with professional tax preparation software, such as CCH Axcess, and Microsoft Office.

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Frazier & Deeter, LLC Charlotte, North Carolina, USA Office

521 E Morehead St #330, Charlotte, United States, 28202

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