Job Opening

Partnership Tax Expert

Part time

Medical

300-500/hr

Position Summary

At DiLucci CPA Firm we are seeking an experienced Partnership Tax Expert to join our growing team. The ideal candidate will have deep expertise in partnership tax law and a strong background in complex tax calculations, including inside and outside basis, reverse 704(c) allocations, and 754 elections. This role requires the ability to work independently and efficiently while bringing in effective templates and processes to improve calculation accuracy and streamline client deliverables.

About DiLucci CPA Firm

DiLucci CPA Firm is a Dallas-based accounting firm dedicated to empowering individuals and business owners through expert tax, accounting, and tax resolution services. We prioritize long-term client success by delivering high-quality, cost-efficient, and value-driven solutions. Our team is committed to helping clients navigate complex financial matters with confidence, ensuring sustainable growth and financial well-being.

Role Performance Objectives

  • Inside and Outside Basis Calculations:

    • Accurately compute and track partners' inside and outside basis in compliance with partnership tax rules.

  • Reverse 704(c) Allocations:

    • Prepare and analyze reverse 704(c) allocations, ensuring proper distribution of income, deductions, and tax liabilities among partners.

  • 754 Elections Management:

    • Manage the preparation and implementation of 754 elections, including step-up basis adjustments and proper tracking.

  • Partnership Tax Compliance and Advisory:

    • Prepare and review partnership tax returns (Forms 1065, Schedule K-1) and provide strategic tax planning advice to clients.

Capabilities / Key Competencies

  • In-depth Knowledge of Partnership Tax Law – Expertise in complex partnership tax regulations and compliance.

  • Advanced Tax Calculation Skills – Proficient in inside and outside basis calculations and reverse 704(c) allocations.

  • Experience with 754 Elections – Skilled in managing 754 elections and step-up basis adjustments.

  • Tax Technical Research – Keeps up-to-date with changes in tax regulations and ensures firm compliance.

Perks

  • Remote Work – Enjoy the option to work remotely.

  • Unlimited Paid Time Off – Prioritize work-life balance with flexible time off.

  • Flexible Sick Days – Take the time you need to rest and recover.

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