Westdale Asset Management · 2 months ago
Tax Specialist
Dallas, TX
Full-time
Hybrid
Mid Level
4+ years expWestdale Asset Management is a leading national property management company recognized as one of the best places to work in multifamily housing. The Tax Specialist will be responsible for preparing and reviewing federal and state income tax returns in the real estate context, while identifying tax planning opportunities and assisting with compliance and correspondence with tax authorities.
Asset ManagementConstructionReal EstateRisk Management
Responsibilities
Prepare federal and multi-state tax returns
Review tax returns and governmental tax examinations of varying complexity (federal and state)
Assist with managing state and federal notices through correspondence
Coordinate with outsourced team on compliance engagements, including workflow management, quality control, and providing clear instructions to ensure accurate and timely completion of deliverables
Prepare tax projections and calculate estimated tax payments
Prepare and review work papers of different complexities (K-2/K-3, State Apportionment, Book-Tax Differences, Debt Allocation, etc.)
Oversee fixed asset schedules and depreciation calculations
Prepare, review and analysis on E&P (Earnings and Profits)
Communicate with the IRS and other state authorities in a professional manner when applicable
Willingness and ability to learn new concepts with minimal guidance
Perform research and draft memoranda on real estate and construction related issues
Must have outstanding work ethic, willing to roll up sleeves work attitude
Qualification
Required
Bachelor's Degree and CPA (or CPA eligible)
4 plus years of progressive tax compliance experience at a public accounting firm or a combination of industry and public accounting experience
Strong partnership tax knowledge, including 1031 exchanges, 704(b) allocations, 704(c) allocations (forward and reverse), 754 calculations/adjustments, debt-financed distribution calculations, target capital account allocations, and section 743(b) computations
Working Knowledge of IRC sections 1445 (FIRPTA) and 1446 along with related tax forms (1042, 8804, 8805)
Working Knowledge of IRC sections 6038 and 6038B along with related tax forms (8858, 8938)
Experience with tax preparation software (CCH Axcess, Fixed Asset CS) and tax research tools (Bloomberg BNA, RIA Checkpoint, etc.)
Proficient in Outlook, Excel, Word, Adobe, etc
Good judgement and developing ability to work independently
Strong organizational skills and attention to detail
Excellent communication skills, both written and verbal, with ability to provide clear direction to remote teams
Initiative to learn, ask questions, and operate in a fast-paced environment
Benefits
Medical insurance
Dental insurance
Life insurance
Short-term and long-term disability insurance
401(k) plan with company match
Flexible spending accounts
Paid vacation, personal/sick time, and holidays
Tuition reimbursement
Credit union
Service recognition awards
Employee assistance program
Apartment rental discounts
Company
Westdale Asset Management
Westdale Real Estate Investment & Management is a fully integrated multifamily real estate operating company focused on strategic acquisitions and the proactive management of multifamily residential communities in the Western, Southwestern, Midwestern and Southeastern United States.
501-1000 employees
Funding
Current Stage
Late StageLeadership Team
Andrew Schmeltekopf
Managing Partner - Westdale Capital
Paul Cohen
Real Estate Investment Partner
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