Private Client Income Tax Advisor

Work Location:

Hours:

Pay Details:

TD is committed to providing fair and equitable compensation opportunities to all colleagues. Growth opportunities and skill development are defining features of the colleague experience at TD. Our compensation policies and practices have been designed to allow colleagues to progress through the salary range over time as they progress in their role. The base pay actually offered may vary based upon the candidates skills and experience job-related knowledge geographic location and other specific business and organizational needs.

As a candidate you are encouraged to ask compensation related questions and have an open dialogue with your recruiter who can provide you more specific details for this role.

Line of Business:

Job Description:

The Private Client Service (PCS) Income Tax Advisor is responsible for timely and effective fiduciary income tax compliance relationship management and planning for an assigned section of US Wealth trust and estate accounts and individual investment accounts. This role works closely with US Wealth Trust Officers and Investment Advisors to obtain tax information prepare and file applicable federal and state fiduciary income tax returns and ensure appropriate planning is conducted and completed.

Depth & Scope:

• Prepares reviews and analyzes fiduciary income tax returns including Form 1041 for Trusts and Estates Form 990-PF for Private Foundations Form 1042 Form 1042-S Forms 1099-DIV INT OID MISC NEC B and R and all related state filing requirements
• Manages of book of accounts and/or supervise the production of tax return preparation by co-sourcing partners
• Utilizes Thomson Reuters OneSource Trust Tax platform and other technologies for client service delivery
• Communicates proactively with management regarding potential issues
• Responds to inquiries from the IRS and other taxing authorities with regard to book of accounts
• Requires management support as needed
• Generally responsible for routine accounts
• Identifies need to negotiate and influence within Wealth Management
• Maintains comprehensive understanding of current and proposed income tax laws and regulations; evaluates their effect on US Wealth fiduciary accounts
• Reviews key income tax issues on a regular basis
• Evaluates the impact of current trends and events on Client income tax situations alerts other internal staff to findings and develops recommendations to minimize Client tax liability and improve overall financial situations
• Coordinates with department management in the development of overall departmental objectives policies and procedures covering tax business line and quality control processes
• Provides input based on problems issues and opportunities that arise among US Wealth fiduciary accounts
• Ensures proper administration of Company policies and regulatory guidelines
• Directs and coordinates with Customer Service Associate (CSA) assigned to the fiduciary tax team
• Maintains knowledge of fiduciary income taxation including federal income tax law multi-state income tax laws and foreign tax treaties
• Evaluates the impact of current tax trends and events on Client accounts alerts other internal staff to findings and makes policy recommendations to more experienced tax staff and management based on analysis

Education & Experience:

• Bachelors degree; accounting and/or taxation is preferred or progressive work experience as noted below
• 1 years of related experience; experience preparing income tax returns for trusts and estates preferred
• Basic knowledge of federal and state fiduciary income taxation
• Experience using Thomson Reuters OneSource Trust Tax platform
• Ability to independently manage assigned account load
• Attention to detail
• Communication skills both written and verbal

Physical Requirements:

Never: 0%; Occasional: 1-33%; Frequent: 34-66%; Continuous: 67-100%

• Domestic Travel Occasional
• International Travel Never
• Performing sedentary work Continuous
• Performing multiple tasks Continuous
• Operating standard office equipment - Continuous
• Responding quickly to sounds Occasional
• Sitting Continuous
• Standing Occasional
• Walking Occasional
• Moving safely in confined spaces Occasional
• Lifting/Carrying (under 25 lbs.) Occasional
• Lifting/Carrying (over 25 lbs.) Never
• Squatting Occasional
• Bending Occasional
• Kneeling Never
• Crawling Never
• Climbing Never
• Reaching overhead Never
• Reaching forward Occasional
• Pushing Never
• Pulling Never
• Twisting Never
• Concentrating for long periods of time Continuous
• Applying common sense to deal with problems involving standardized situations Continuous
• Reading writing and comprehending instructions Continuous
• Adding subtracting multiplying and dividing Continuous

The above statements are intended to describe the general nature and level of work being performed by people assigned to this job. They are not intended to be an exhaustive list of all responsibilities duties and skills required. The listed or specified responsibilities & duties are considered essential functions for ADA purposes.

Who We Are:
TD is one of the worlds leading global financial institutions and is the fifth largest bank in North America by branches/stores. Every day we deliver legendary customer experiences to over 27 million households and businesses in Canada the United States and around the world. More than 95000 TD colleagues bring their skills talent and creativity to the Bank those we serve and the economies we support. We are guided by our vision to Be the Better Bank and our purpose to enrich the lives of our customers communities and colleagues.

TD is deeply committed to being a leader in customer experience that is why we believe that all colleagues no matter where they work are customer facing. As we build our business and deliver on our strategy we are innovating to enhance the customer experience and build capabilities to shape the future of banking. Whether youve got years of banking experience or are just starting your career in financial services we can help you realize your potential. Through regular leadership and development conversations to mentorship and training programs were here to support you towards your goals. As an organization we keep growing and so will you.

Our Total Rewards Package

Our Total Rewards package reflects the investments we make in our colleagues to help them and their families achieve their financial physical and mental well-being goals. Total Rewards at TD includes base salary and variable compensation/incentive awards (e.g. eligibility for cash and/or equity incentive awards generally through participation in an incentive plan) and several other key plans such as health and well-being benefits savings and retirement programs paid time off (including Vacation PTO Flex PTO and Holiday PTO) banking benefits and discounts career development and reward and recognition. Learn more

Additional Information:
Were delighted that youre considering building a career with TD. Through regular development conversations training programs and a competitive benefits plan were committed to providing the support our colleagues need to thrive both at work and at home.

Colleague Development
If youre interested in a specific career path or are looking to build certain skills we want to help you succeed. Youll have regular career development and performance conversations with your manager as well as access to an online learning platform and a variety of mentoring programs to help you unlock future opportunities. Whether you have a passion for helping customers and want to expand your experience or you want to coach and inspire your colleagues there are many different career paths within our organization at TD and were committed to helping you identify opportunities that support your goals.

Training & Onboarding
We will provide training and onboarding sessions to ensure that youve got everything you need to succeed in your new role.

Interview Process
Well reach out to candidates of interest to schedule an interview. We do our best to communicate outcomes to all applicants by email or phone call.

Accommodation

TD Bank is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race color religion sex sexual orientation gender identity national origin age disability status as a protected veteran or any other characteristic protected under applicable federal state or local law.

If you are an applicant with a disability and need accommodations to complete the application process please email TD Bank US Workplace Accommodations Program at . Include your full name best way to reach you and the accommodation needed to assist you with the applicant process.