The Trust Company of Tennessee · 1 hour ago
Tax Manager
Knoxville, Tennessee, United States
Full-time
Onsite
Senior Level
5+ years expThe Trust Company of Tennessee is dedicated to helping individuals and organizations achieve their financial goals. They are seeking a Tax Manager responsible for preparing and reviewing tax documents, managing compliance, and overseeing tax-related projects for wealth management and trust accounts.
ConsultingFinancial ServicesLegal
Responsibilities
Shows a commitment to The Trust Company’s Mission, Core Values, and Client
Responsible for managing the project team that prepares, reviews, and distributes the 1099s, grantor letters, and state returns for Investment Management Accounts, Revocable Trusts, and Irrevocable Grantor Trusts
Manages the vendor for tax preparation and reviews income tax filings for trusts, estates, and other entities – including 1041s, 5227s, and 990-PFs
Prepares and assembles Federal and State estate and Generation Skipping Trust tax returns
Coordinates with outside tax preparers for personal and entity tax filings
Ensures gifting compliance – including maintaining and tracking gifts, gift reporting, providing gifting forms, and calculating cost-basis and shares to be gifted
Reviews quarterly estimated tax payments for trust accounts
Oversees tax payments for individuals from TTC accounts
Communicates with tax agencies and internal departments on a variety of tax-related inquiries
Works with trust compliance to onboard trusts correctly for tax purposes
Calculates distributable shares, tax reserves, and tax prep fees for terminating trusts
Completes calculations for trust compliance, including Total Return and 5x5
Completes monthly compliance reviews for new accounts, deposits, and distributions
Reviews and updates cost basis as appropriate when a triggering event occurs
Coordinates with Relationship Managers to make any 663(b) distributions
Educates Relationship Managers regarding tax issues in fiduciary accounts
Other duties as assigned
Qualification
Required
Bachelor's degree or equivalent in accounting
CPA required
At least 5 years of experience in tax return preparations
Exceptional analytical and conceptual thinking skills
Must be detail-oriented
Ability to organize and prioritize tasks
Company
The Trust Company of Tennessee
The Trust Company of Tennessee has specialized in helping individuals, businesses and foundations reach their financial goals.
51-200 employees
Funding
Current Stage
Growth StageCompany data provided by crunchbase