08/01/2006 73255

DIRECTOR OF PASS THROUGH BUSINESS, REVENUE

DEFINITION: This is highly responsible managerial tax accounting work in directing the Pass Through Business Program in the Pennsylvania Department of Revenue.

The employee in this job directs, through subordinate managers, the planning, development, implementation, and evaluation of a comprehensive statewide Pass Through Business Program. Work involves directing staff in identifying and assessing Pass Through Businesses that are suspected of non-compliance or evasion of personal income tax laws and directing the review of multi-tiered corporate and non-corporate owned partnerships, S corporations, limited liability companies, estates, and trusts for tax shelters to determine tax liability and to identify pass-through improprieties. Work also includes formulating legislation to clarify tax-filing requirements and improve tax compliance; developing and implementing policies on partnerships, S corporations, estates, and trusts for taxpayers, accountants, attorneys, and employees of the Department of Revenue; interpreting personal income tax laws, rules, regulations, and tax policies affecting Pass Through Businesses; and directing joint Pass Through Business taxation programs conducted with federal and state governments. An important aspect of this work involves education and communications of Pass Through Business tax policies, regulations, rules, and procedures to professional accounting organizations and the Pennsylvania Bar Association. The employee in this job also directs Pass Through Business training programs for employees in the Department. Supervision is exercised over a professional staff. Work is performed with considerable independence and is subject to review by the Deputy Secretary through conferences, reports, and evaluation of program results.

EXAMPLES OF WORK: Directs a statewide Pass Through Program in analyzing and examining personal income tax returns, information returns for Pennsylvania S corporations and partnerships, federal tax returns, financial records, and corporation tax reports to determine tax liabilities and to identify pass-through improprieties.

Participates in the formulation and clarification of taxation and compliance policies in personal income tax for Pass Through Businesses and their owners.

Evaluates the effectiveness of information collected on PA-20S/PA-65 tax forms and determines the information to be used on future PA-20S/PA-65 tax forms for Pass Through Businesses.

Determines the areas of non-compliance to target for partnerships, S corporations, estates, and trusts.

Interprets personal income tax laws, regulations, policies, procedures, and legal determinations when applying them to Pass Through Businesses.

Develops strategies and methodologies for review of tax shelters utilized by Pass Through Businesses.

Reviews federal tax legislation and recommends whether the Department should adopt or modify the federal regulations for Pennsylvania taxing purposes.

Formulates legislation and policies to clarify tax-filing requirements and improve tax compliance.

Collaborates with the Office of Chief Counsel to interpret existing tax laws and regulations.

Provides guidance to subordinates on the review of complicated tax returns, financial statements, and other tax documents to determine tax liability resulting from potential Pass Through Business improprieties.

Reviews Securities and Exchange Commission (SEC) quarterly and annually submitted statements to determine tax liability and compliance of publicly traded companies and the Pass Through Businesses that have entered in to transactions with those companies.

Develops Pass Through Business training programs and training material for use with Department employees and tax professionals.

Explains tax assessments made to Pass Through Business and their owners to the Office of Attorney General for cases being adjudicated.

Meets with tax professionals, including Certified Public Accountants and attorneys, to discuss and review specific Pass Through Business cases.

Mentors Pass Through Business Office employees in the process of obtaining Certified Public Accountant certification.

Provides educational outreach, which includes communicating policy changes and corresponding reporting requirements to the PA Institute of Certified Public Accountants (PICPA), PA Society of Public Accountants (PSPA), and the PA Bar Association.

Performs full range of supervisory duties.

The employee in this job may participate in the performance of subordinates’ work consistent with operational or organizational requirements.

Performs related work as required.

REQUIRED KNOWLEDGES, SKILLS, AND ABILITIES: Knowledge of generally accepted accounting principles (GAAP).

Knowledge of Federal and state tax laws, rules, and regulations for Pass Through Businesses.

Knowledge of Federal and state tax laws, rules, and regulations for personal income tax.

Knowledge of policies and procedures governing personal income tax.

Knowledge of policies and procedures governing partnerships.

Knowledge of policies and procedures governing S corporations.

Knowledge of policies and procedures governing limited liability companies.

Knowledge of policies and procedures governing trusts.

Knowledge of policies and procedures governing estates.

Knowledge of Internal Revenue Service listed abusive transactions (tax shelters).

Knowledge of supervisory principles and procedures.

Ability to identify Pass Through Businesses that are suspected of non-compliance or evasion of personal income tax laws.

Ability to analyze and interpret tax legislation.

Ability to establish and maintain effective working relationships.

Ability to analyze and interpret the differences between Pennsylvania tax laws and Federal tax laws for Pass Through Businesses.

Ability to analyze personal income tax returns, federal returns, financial records, and corporation tax reports.

Ability to explain personal income tax laws, rules, regulations, and policies concerning Pass Through Businesses when discussing with attorneys, accountants, and taxpayers.

Ability to evaluate the effectiveness of the Pass Through Business Programs.

Ability to communicate effectively in writing.

Ability to communicate effectively orally.

MINIMUM EXPERIENCE AND TRAINING: Three years as a Revenue Fiscal Analyst Supervisor;

                                                                                                                                  or

Seven years of tax accounting experience, which includes three years of supervisory tax accounting experience and a bachelor’s degree;

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An equivalent combination of experience and training which includes three years of supervisory tax accounting experience.

NECESSARY SPECIAL REQUIREMENT: Possession of a valid license as a Certified Public Accountant issued by the Pennsylvania Department of State or the equivalent certifying agency of another state.