Tax Partner - Ultra High Net Worth - Real Estate Careers at RSM - Chicago, Illinois | Apply Now!
RSM
Tax Partner - Ultra High Net Worth - Real Estate Careers at RSM - Chicago, Illinois | Apply Now!
Job Description
Tax Partner - Ultra High Net Worth - Real Estate
Role Overview
As a Tax Partner specializing in Ultra High Net Worth (UHNW) and Real Estate at RSM, you will play a pivotal role in providing comprehensive tax services to affluent clients with significant real estate holdings. This position requires a seasoned tax professional with extensive experience in high-net-worth taxation, real estate taxation, and client relationship management. You will be responsible for delivering expert tax planning, consulting, structuring, and compliance services to a diverse clientele, including real estate sponsors, owners, investors, and developers. Your expertise will be instrumental in helping clients navigate complex tax regulations and optimize their financial outcomes.
A Day in the Life
A typical day for a Tax Partner in this role might include:
- Meeting with UHNW clients to discuss their real estate investment strategies and tax implications.
- Developing customized tax plans tailored to individual client needs and objectives.
- Reviewing complex tax returns for high-net-worth individuals, trusts, partnerships, and corporations.
- Providing guidance on structuring real estate transactions to minimize tax liabilities.
- Collaborating with RSM's real estate team to augment tax compliance and consulting services.
- Managing and mentoring a team of tax professionals, providing guidance and support.
- Researching and interpreting tax laws and regulations to ensure compliance.
- Participating in business development activities to attract new clients.
- Presenting tax-related topics at industry conferences and seminars.
Why Chicago or New York?
Chicago and New York are both major financial hubs with a significant concentration of high-net-worth individuals and real estate investment activity. These cities offer:
- A vibrant and diverse business environment.
- Access to a large pool of potential clients.
- Opportunities for professional growth and development.
- A high quality of life with access to world-class cultural amenities.
- A strong network of professional advisors and service providers.
Career Path
The Tax Partner role offers a clear path for career advancement within RSM. Successful partners can progress to leadership positions, such as:
- Managing Director.
- Regional Tax Leader.
- National Tax Leader.
- Membership on firm-wide committees.
Salary & Benefits
RSM offers a competitive salary and benefits package commensurate with experience and qualifications. In addition to base salary, partners may be eligible for performance-based bonuses and equity ownership opportunities. Benefits include:
- Comprehensive health insurance.
- Generous paid time off.
- Retirement savings plan with employer matching.
- Professional development opportunities.
- And more!
RSM Culture
RSM is committed to creating a diverse, equitable, and inclusive work environment where all employees feel valued and respected. The firm's culture is built on a foundation of:
- Integrity.
- Teamwork.
- Client service.
- Professional development.
- Community involvement.
How to Apply
To apply for the Tax Partner - Ultra High Net Worth - Real Estate position, please submit your resume and cover letter through the RSM careers website.
FAQ
-
What are the key responsibilities of a Tax Partner?
Tax Partners are responsible for providing tax planning, consulting, structuring, and compliance services to clients. They also manage client relationships, supervise staff, and contribute to business development efforts.
-
What qualifications are required for this role?
A Bachelor's degree in Accounting, CPA license or JD, and 12+ years of experience in high-net-worth taxation are required. Experience in real estate taxation is highly preferred.
-
What is the typical career path for a Tax Partner at RSM?
Tax Partners can advance to leadership positions such as Managing Director, Regional Tax Leader, or National Tax Leader.
-
What are the benefits of working at RSM?
RSM offers a comprehensive benefits package, including health insurance, paid time off, retirement savings plan, and professional development opportunities.
-
What is the company culture like at RSM?
RSM is committed to creating a diverse, equitable, and inclusive work environment. The firm values integrity, teamwork, client service, and professional development.
-
What types of clients will I be working with?
You will be working with a variety of UHNW clients including real estate sponsors, owners, investors, and developers. Other clients include management companies, joint ventures, family partnerships, individuals, trusts, and other owners and operators of real estate.
-
Will this role allow for remote work?
While this role is primarily based in Chicago or New York, there may be some flexibility for remote work depending on client needs and team dynamics.
-
What opportunities are there for professional development?
RSM provides numerous professional development opportunities, including continuing education programs, mentorship programs, and leadership training.
-
How does RSM support work-life balance?
RSM offers various programs and policies to support work-life balance, including flexible work arrangements, generous paid time off, and employee assistance programs.
-
What is RSM's commitment to diversity and inclusion?
RSM is committed to fostering a diverse and inclusive work environment where all employees feel valued and respected. The firm has various initiatives and programs to promote diversity and inclusion at all levels.
Locations
- Chicago, Illinois, United States
- New York, New York, United States
Salary
275,000 - 495,000 USD / yearly
Source: ai estimated
* This is an estimated range based on market data and may vary based on experience and qualifications.
Skills Required
- Tax Planningintermediate
- Tax Consultingintermediate
- Tax Structuringintermediate
- Tax Complianceintermediate
- High-Net-Worth Taxationintermediate
- Real Estate Taxationintermediate
- Partnership Taxationintermediate
- Trust Taxationintermediate
- Estate & Gift Taxationintermediate
- Charitable Taxationintermediate
- SALT (State and Local Tax)intermediate
- Client Relationship Managementintermediate
- Financial Growthintermediate
- Team Managementintermediate
- Communication Skillsintermediate
Required Qualifications
- Bachelor's degree in Accounting required. (experience)
- CPA License or JD required. (experience)
- 12+ years’ experience in dealing with high-net-worth clients required. (experience)
- Experience in the review of tax returns for wealthy individuals and family members, their trusts, investment entities, and private businesses. (experience)
- Strong experience with private client services (personal taxation, trust taxation, estate & gift taxation, charitable taxation, with exposure to flow through entities and partnership taxation and corporate taxation, including State & Local income (SALT)/Franchise tax for multi-state filers). (experience)
- Must be able to support financial growth efforts and manage a book of business. (experience)
- Ability to plan client engagements, provide tax consulting services, manage compliance projects, supervise and review work of team staff members, work closely with clients as well as internal managers and partners. (experience)
- Strong verbal and written communication skills with the ability to articulate complex information and tax law. (experience)
- Exceptional client service and communication skills with a demonstrated ability to develop and maintain outstanding client relationships. (experience)
- Familiarity with real estate taxation principles and practices. (experience)
- Analytical skills necessary for effective diagnosis, development, and implementation of solutions to clients' tax needs. (experience)
Responsibilities
- Provide federal and state tax planning, consulting, structuring, and compliance services to high-net-worth clients including real estate sponsors, owners, investors, and developers.
- Work with a variety of clients including management companies, joint ventures, family partnerships, individuals, trusts, and other owners and operators of real estate.
- Integrate into the UHNW national leadership team to develop and learn from high functioning partners in other markets.
- Partner on strategic clients within the UHNW and real estate space.
- Develop and pursue creative approaches to resolve client issues.
- Review tax returns for wealthy individuals and family members, their trusts, investment entities, and private businesses.
- Manage a book of business and support financial growth efforts.
- Plan client engagements and manage compliance projects.
- Supervise and review work of team staff members.
- Work closely with clients as well as internal managers and partners.
- Provide tax consulting services related to UHNW and real estate clients.
- Maintain and develop outstanding client relationships.
- Stay current on tax law changes and their impact on clients.
- Contribute to the firm's knowledge base and training programs.
Benefits
- general: Comprehensive health insurance plans (medical, dental, vision).
- general: Generous paid time off (PTO) and holiday schedule.
- general: Retirement savings plan with employer matching contributions.
- general: Life insurance and disability coverage.
- general: Professional development opportunities and continuing education programs.
- general: Employee assistance program (EAP) for confidential support and resources.
- general: Flexible spending accounts (FSA) for healthcare and dependent care expenses.
- general: Wellness programs to promote employee health and well-being.
- general: Parental leave benefits.
- general: Employee referral bonus program.
- general: Opportunities for advancement and career growth within the firm.
- general: A supportive and inclusive work environment that values diversity and teamwork.
- general: Access to cutting-edge technology and resources.
- general: Mentorship programs to guide and support professional development.
- general: Volunteer opportunities to give back to the community.
Tags & Categories
Answer 10 quick questions to check your fit for Tax Partner - Ultra High Net Worth - Real Estate Careers at RSM - Chicago, Illinois | Apply Now! @ RSM.
Related Books and Jobs
Tax Partner - Ultra High Net Worth - Real Estate Careers at RSM - Chicago, Illinois | Apply Now!
RSM
Tax Partner - Ultra High Net Worth - Real Estate Careers at RSM - Chicago, Illinois | Apply Now!
Job Description
Tax Partner - Ultra High Net Worth - Real Estate
Role Overview
As a Tax Partner specializing in Ultra High Net Worth (UHNW) and Real Estate at RSM, you will play a pivotal role in providing comprehensive tax services to affluent clients with significant real estate holdings. This position requires a seasoned tax professional with extensive experience in high-net-worth taxation, real estate taxation, and client relationship management. You will be responsible for delivering expert tax planning, consulting, structuring, and compliance services to a diverse clientele, including real estate sponsors, owners, investors, and developers. Your expertise will be instrumental in helping clients navigate complex tax regulations and optimize their financial outcomes.
A Day in the Life
A typical day for a Tax Partner in this role might include:
- Meeting with UHNW clients to discuss their real estate investment strategies and tax implications.
- Developing customized tax plans tailored to individual client needs and objectives.
- Reviewing complex tax returns for high-net-worth individuals, trusts, partnerships, and corporations.
- Providing guidance on structuring real estate transactions to minimize tax liabilities.
- Collaborating with RSM's real estate team to augment tax compliance and consulting services.
- Managing and mentoring a team of tax professionals, providing guidance and support.
- Researching and interpreting tax laws and regulations to ensure compliance.
- Participating in business development activities to attract new clients.
- Presenting tax-related topics at industry conferences and seminars.
Why Chicago or New York?
Chicago and New York are both major financial hubs with a significant concentration of high-net-worth individuals and real estate investment activity. These cities offer:
- A vibrant and diverse business environment.
- Access to a large pool of potential clients.
- Opportunities for professional growth and development.
- A high quality of life with access to world-class cultural amenities.
- A strong network of professional advisors and service providers.
Career Path
The Tax Partner role offers a clear path for career advancement within RSM. Successful partners can progress to leadership positions, such as:
- Managing Director.
- Regional Tax Leader.
- National Tax Leader.
- Membership on firm-wide committees.
Salary & Benefits
RSM offers a competitive salary and benefits package commensurate with experience and qualifications. In addition to base salary, partners may be eligible for performance-based bonuses and equity ownership opportunities. Benefits include:
- Comprehensive health insurance.
- Generous paid time off.
- Retirement savings plan with employer matching.
- Professional development opportunities.
- And more!
RSM Culture
RSM is committed to creating a diverse, equitable, and inclusive work environment where all employees feel valued and respected. The firm's culture is built on a foundation of:
- Integrity.
- Teamwork.
- Client service.
- Professional development.
- Community involvement.
How to Apply
To apply for the Tax Partner - Ultra High Net Worth - Real Estate position, please submit your resume and cover letter through the RSM careers website.
FAQ
-
What are the key responsibilities of a Tax Partner?
Tax Partners are responsible for providing tax planning, consulting, structuring, and compliance services to clients. They also manage client relationships, supervise staff, and contribute to business development efforts.
-
What qualifications are required for this role?
A Bachelor's degree in Accounting, CPA license or JD, and 12+ years of experience in high-net-worth taxation are required. Experience in real estate taxation is highly preferred.
-
What is the typical career path for a Tax Partner at RSM?
Tax Partners can advance to leadership positions such as Managing Director, Regional Tax Leader, or National Tax Leader.
-
What are the benefits of working at RSM?
RSM offers a comprehensive benefits package, including health insurance, paid time off, retirement savings plan, and professional development opportunities.
-
What is the company culture like at RSM?
RSM is committed to creating a diverse, equitable, and inclusive work environment. The firm values integrity, teamwork, client service, and professional development.
-
What types of clients will I be working with?
You will be working with a variety of UHNW clients including real estate sponsors, owners, investors, and developers. Other clients include management companies, joint ventures, family partnerships, individuals, trusts, and other owners and operators of real estate.
-
Will this role allow for remote work?
While this role is primarily based in Chicago or New York, there may be some flexibility for remote work depending on client needs and team dynamics.
-
What opportunities are there for professional development?
RSM provides numerous professional development opportunities, including continuing education programs, mentorship programs, and leadership training.
-
How does RSM support work-life balance?
RSM offers various programs and policies to support work-life balance, including flexible work arrangements, generous paid time off, and employee assistance programs.
-
What is RSM's commitment to diversity and inclusion?
RSM is committed to fostering a diverse and inclusive work environment where all employees feel valued and respected. The firm has various initiatives and programs to promote diversity and inclusion at all levels.
Locations
- Chicago, Illinois, United States
- New York, New York, United States
Salary
275,000 - 495,000 USD / yearly
Source: ai estimated
* This is an estimated range based on market data and may vary based on experience and qualifications.
Skills Required
- Tax Planningintermediate
- Tax Consultingintermediate
- Tax Structuringintermediate
- Tax Complianceintermediate
- High-Net-Worth Taxationintermediate
- Real Estate Taxationintermediate
- Partnership Taxationintermediate
- Trust Taxationintermediate
- Estate & Gift Taxationintermediate
- Charitable Taxationintermediate
- SALT (State and Local Tax)intermediate
- Client Relationship Managementintermediate
- Financial Growthintermediate
- Team Managementintermediate
- Communication Skillsintermediate
Required Qualifications
- Bachelor's degree in Accounting required. (experience)
- CPA License or JD required. (experience)
- 12+ years’ experience in dealing with high-net-worth clients required. (experience)
- Experience in the review of tax returns for wealthy individuals and family members, their trusts, investment entities, and private businesses. (experience)
- Strong experience with private client services (personal taxation, trust taxation, estate & gift taxation, charitable taxation, with exposure to flow through entities and partnership taxation and corporate taxation, including State & Local income (SALT)/Franchise tax for multi-state filers). (experience)
- Must be able to support financial growth efforts and manage a book of business. (experience)
- Ability to plan client engagements, provide tax consulting services, manage compliance projects, supervise and review work of team staff members, work closely with clients as well as internal managers and partners. (experience)
- Strong verbal and written communication skills with the ability to articulate complex information and tax law. (experience)
- Exceptional client service and communication skills with a demonstrated ability to develop and maintain outstanding client relationships. (experience)
- Familiarity with real estate taxation principles and practices. (experience)
- Analytical skills necessary for effective diagnosis, development, and implementation of solutions to clients' tax needs. (experience)
Responsibilities
- Provide federal and state tax planning, consulting, structuring, and compliance services to high-net-worth clients including real estate sponsors, owners, investors, and developers.
- Work with a variety of clients including management companies, joint ventures, family partnerships, individuals, trusts, and other owners and operators of real estate.
- Integrate into the UHNW national leadership team to develop and learn from high functioning partners in other markets.
- Partner on strategic clients within the UHNW and real estate space.
- Develop and pursue creative approaches to resolve client issues.
- Review tax returns for wealthy individuals and family members, their trusts, investment entities, and private businesses.
- Manage a book of business and support financial growth efforts.
- Plan client engagements and manage compliance projects.
- Supervise and review work of team staff members.
- Work closely with clients as well as internal managers and partners.
- Provide tax consulting services related to UHNW and real estate clients.
- Maintain and develop outstanding client relationships.
- Stay current on tax law changes and their impact on clients.
- Contribute to the firm's knowledge base and training programs.
Benefits
- general: Comprehensive health insurance plans (medical, dental, vision).
- general: Generous paid time off (PTO) and holiday schedule.
- general: Retirement savings plan with employer matching contributions.
- general: Life insurance and disability coverage.
- general: Professional development opportunities and continuing education programs.
- general: Employee assistance program (EAP) for confidential support and resources.
- general: Flexible spending accounts (FSA) for healthcare and dependent care expenses.
- general: Wellness programs to promote employee health and well-being.
- general: Parental leave benefits.
- general: Employee referral bonus program.
- general: Opportunities for advancement and career growth within the firm.
- general: A supportive and inclusive work environment that values diversity and teamwork.
- general: Access to cutting-edge technology and resources.
- general: Mentorship programs to guide and support professional development.
- general: Volunteer opportunities to give back to the community.
Tags & Categories
Answer 10 quick questions to check your fit for Tax Partner - Ultra High Net Worth - Real Estate Careers at RSM - Chicago, Illinois | Apply Now! @ RSM.
Related Books and Jobs