Senior Tax Specialist


California law requires anyone who prepares tax returns for a fee and is not an exempt preparer to register as a tax preparer with the California Tax Education Council (CTEC).  (Exempt preparers are California Certified Public Accountants (CPA), Enrolled Agents (EAs), attorneys who are members of the State Bar of California and certain specified banking or trust officials).

An ideal tax preparer should have attained a bachelor’s degree in a related field such as Business, Finance, Accounting or Investments.  They should also hold or be working towards an advance credentialing such as a EA, CPA or CFP® and have at least 3 years experience in preparing tax returns.

As a tax preparer, you will be responsible for the majority of income tax preparation for individuals, trust & estates, and companies.  You should be able to identify potential tax credits and liabilities and ensure accurate and complete returns in a timely manner.  You should also be able to complete tax forms in accordance with LFS’s policies, and in compliance with legislation and regulations.

Primary responsibilities

  • Compute taxes owed by following tax code
  • Prepare or assist in preparing the majority of the firms simple to complex tax returns for individuals or small businesses
  • Prepare or assist in preparing the majority of the firms simple to complex tax returns for trust and estates
  • Provide tax analysis and projections throughout the year
  •  Help taxpayers by using their federal, state and local codes to maximize the amount of deductions / credits allowable under the law
  • Uncover potential deductions and credits that the taxpayer may not be aware of
  •  Advise against potential tax liabilities
  • Ensure clients do not pay unnecessary taxes
  • Review financial records such as income statements and documentation of expenditures
  • Interview clients to get a thorough picture of their financial situation
  • Verify totals on past forms for accuracy
  • Consult tax law handbook / publications for especially difficult tax returns  
  •  Prepare tax returns using electronic filing software

Client Development Responsibilities:

  • Transition new clients to LFS
  •  Manage a core group of LFS’s wealth management clients all year round
  •  Portfolio Reviews
  • Tax and Planning inquires
  • Recommend midyear CF / Tax projections for clients with complex tax issues or clients that anticipate a meaningful change to their financial situation
  • Develop a professional relationship with the clients
  •  Have a strong understanding of LFS’s products and services and be able to recognize opportunities to engage the client to use different products and services offered by LFS when appropriate
  • Collaborate with other team members on behalf of their clients to solve investment management issues, Financial Planning or Estate issues and Tax issues as needed
  • Provide quick & accurate resolutions to various client requests / needs

Business Development Responsibilities:

  • Grow and expand the individual tax practice of the firm all year round
  • Grow and expand the trust tax practice of the firm all year round
  • Perform regular and ongoing sales and educational events/seminars designed to acquire new tax/ financial planning / investment clients
  • Collaborate with outside sales managers working the TDA networks
  •   Meet or exceed annual business development goals

Professional Development Responsibilities:

  • Seek to improve skills and knowledge in areas that support and benefit LFS and its clients
  • Develop a field of expertise that strengthens the long term growth goals of LFS and its clients