Senior Tax Accountant

Allerton Search Partners has been retained to commence the following search on OZ Tax Prep's behalf. Process: Upon accepted application, Allerton Search Partners will contact qualified candidates for an initial screening. Following this step, qualified candidates will have (1) 30ish minute virtual interview, (1) 1-1.5 hour virtual interview, and (1) 1-1.5 hour interview to wrap the process. Company: OZ Tax Prep Job Title: Tax Accountant or Senior Tax Accountant Location: Boston, MA – 100% Remote - Applicants must be in United States. Compensation: $75-90k + Discretionary Bonus Start Date: 1/4/2027 Website: OZ Tax Prep Website LinkedIn: OZ Tax Prep - LinkedIn Who We Are: Founded and run by Rishabh Krishan, CPA, a former Big 4 tax & Bain Capital finance professional, OZ Tax Prep is a boutique tax advisory firm focused on the federal Opportunity Zone (OZ) program, based out of Boston. The firm serves real estate investors, fund managers, and high-net-worth individuals navigating the complex tax rules surrounding Qualified Opportunity Funds (QOFs) and Qualified Opportunity Zone Businesses (QOZBs). The firm's core work centers on tax compliance and strategic planning for OZ investors — preparing entity returns (Forms 1065, 1120, 1120-S), individual returns (Form 1040), and QOF-specific filings including Form 8996 for semi-annual testing. Beyond compliance, OZ Tax Prep provides sophisticated advisory services: analyzing capital gain eligibility for deferral, optimizing tax depreciation strategies, managing basis limitations, navigating state tax treatment for non-conforming states like California and Massachusetts, and structuring working capital safe harbor plans for new QOZBs. What sets the firm apart is its singular depth in Opportunity Zone tax law. Rather than treating OZ as one practice area among many, every client engagement and every team member is oriented around this niche — making it one of the few firms in the country with end-to-end OZ tax expertise under one roof. The Opportunity: OZ Tax Prep is hiring a Tax Accountant or Senior Tax Accountant to assist its quickly growing business as it expands. This individual would join as one of the firm's earliest hires — a rare ground-floor opportunity at a fast-growing specialty practice. You'll develop deep expertise in Opportunity Zone taxation, one of the most dynamic and complex areas in the tax landscape today, working directly with fund managers and investors on high-stakes, technically challenging engagements. As the firm continues to scale, this role carries a clear path toward equity partnership for the right candidate. If you're looking to go beyond generalist tax work and build a career at the forefront of a rapidly expanding niche, this is the place to do it. Duties: · Prepare entity income tax returns (Forms 1065, 1120, 1120-S) for QOF and QOZB entities, as well as individual income tax returns (Form 1040) for clients with Opportunity Zone investments, including proper reporting of capital gain deferrals. · Prepare Form 8996 in conjunction with annual QOF tax returns to support semi-annual testing requirements. · Review clients' capital gains to determine eligibility for OZ deferral, including analysis of depreciation recapture and other exclusions. · Monitor basis limitations associated with OZ investments and their impact on the availability of tax losses. · Support clients in states that do not conform to federal OZ tax treatment, including California, Massachusetts, New York, and North Carolina. · Assist with multi-year tax planning and strategy to help clients align OZ benefits with their broader financial goals. · Help clients optimize the timing of QOF and QOZB setup and investment to maximize available tax benefits. · Assist with preparation and monitoring of working capital safe harbor plans for QOZBs in their startup period. · Advise clients on tax depreciation optimization strategies within their OZ structures. · Collaborate directly with firm leadership on client engagements and technical research as the practice continues to grow. Requirements: · Accounting or related degree required. · Accounting or tax experience in a public accounting, wealth management, real estate, or similar environment. · CPA a plus, not required. · Opportunity Zone (OZ) experience a plus, not required. · Attention to detail, confidence, entrepreneurial spirit, eagerness to learn, client-facing professionalism. · Ability to work in a remote setting. Benefits: · Health, dental, and vision coverage benefits · HSA – 1:1 match if employee is eligible to contribute · Retirement benefits – Simple IRA plan with 2% nonelective employer contribution on total compensation. (Base + Bonus X 2%, contributed to employees’ retirement from company); firm may replace with a 401(k) plan with similar employer contribution. · PTO – Unlimited. Be a professional and get your work done environment.