Senior Tax Preparer

Magnolia Tax Services · Milwaukee county, United States

Magnolia Tax Services is hiring a Senior Tax Reviewer to review business and individual returns, talk directly with clients, and serve as a technical anchor for our preparer team. This is a remote, full-time role open to candidates living in Wisconsin or Illinois.

Magnolia is a remote tax planning, preparation, and bookkeeping firm based in Milwaukee. We have served 800+ clients and our revenue has doubled every year. Our clients are business owners: S-corp owners, real estate investors, physicians, restaurant and hospitality owners, and realtors. We focus on proactive planning, not just year-end compliance.

What you'll do:

- Review Forms 1120-S, 1065, and 1040 (with Schedules C and E) before they go to the client

- Prepare complex returns yourself when needed, especially multi-entity S-corp and partnership groups

- Check the items that matter most for our clients: shareholder and partner basis, reasonable compensation, K-1 flow-through, depreciation and cost segregation, passive activity rules, and state filings

- Lead return review calls with clients, explaining results, open items, and planning opportunities in plain language

- Respond to IRS and state notices and support the team on correspondence audits

- Give preparers clear, written review notes that help them improve

- Flag planning opportunities (entity structure, retirement plans, accountable plans) to firm leadership

- Help refine our review checklists and workflow in TaxDome during and after tax season

Required:

- Enrolled Agent or CPA credential (active), or CPA candidate with substantial review experience

- 4+ years preparing business returns, including at least 2 seasons reviewing 1120-S and 1065 returns

- Strong working knowledge of S-corp and partnership basis, reasonable compensation, and Schedule E rental activity

- Confident speaking with clients by phone and video, including explaining a return or a notice

- Comfortable working remotely and independently, with US Central Time business-hours availability

- Lives in Wisconsin or Illinois

Nice to have:

- Experience with Drake Tax and TaxDome (our software stack); other professional tax software experience also welcome

Benefits:

- Base salary: $70,000 to $80,000, based on experience and credential

- Busy-season performance bonus

- 401(k) with a 100% employer match on up to 4% of pay (safe harbor plan), eligible after 6 months

- Health reimbursement (QSEHRA): $400/month toward individual health and dental premiums and out-of-pocket medical costs, tax-free, after 90 days

- Full-time, W-2

- Remote (must live in Wisconsin or Illinois); standard Central Time business hours, with extended hours during tax season

- A remote role without Big 4 hours, direct access to firm leadership, and a growing client base built on planning work