Partnership Tax Specialist Needed – Form 1065, Section 754 & 743(b)

Posted 2 weeks ago

Only freelancers located in the U.S. may apply.U.S. located freelancers only

Summary

I am a CPA looking for an experienced partnership tax specialist to review a complex Form 1065 prepared by our firm and help make any necessary corrections before filing. The return involves: Death of a majority partner during the year and transfer of the partnership interest to the Estate Property distributions to the Estate Section 754 election and Section 743(b) basis adjustment Potential Section 734(b) and related partnership basis issues Partner outside basis, liability allocations, capital accounts, and K-1 reporting Potential partnership termination / short-year considerations Remaining real estate assets that were under contract during the year but closed in the following year The Form 1065, K-1s, depreciation schedules, basis worksheets, capital reconciliations, and Section 754/743(b) workpapers have already been prepared. We are looking for someone to independently review our work, identify any incorrect treatment or calculations, and help us make the necessary corrections to get the return filing-ready. You should have strong expertise in Section 754, Section 743(b), and Section 734(b), along with solid experience with partnership distributions, death of a partner, basis adjustments, and Form 1065/K-1 reporting. When applying, please briefly describe your experience with these partnership tax issues and confirm that you are comfortable reviewing both the tax return and supporting Excel workpapers.

  • Less than 30 hrs/week
    Hourly
  • < 1 month
    Duration
  • Expert
    Experience Level
  • Remote Job
  • One-time project
    Project Type
Skills and Expertise
Mandatory skills
Tax Preparation
Tax Law
Activity on this job
  • Proposals:10 to 15
  • Last viewed by client:2 weeks ago
  • Interviewing:
    0
  • Invites sent:
    5
  • Unanswered invites:
    3
About the client
Member since Oct 13, 2020
  • United States
    Birmingham5:10 PM
  • $38K total spent
    16 hires, 7 active
  • 1,239 hours

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