Internal Revenue Agent ***12 Month Roster*** (Tax Exempt Bonds Agent)

Department Of The Treasury Laguna Niguel , CA 92607

Posted 6 days ago

  • Duties

Help

Duties

Summary

The U.S. Department of the Treasury has a distinguished history dating back to the founding of our nation. As the steward of U.S. economic and financial systems, Treasury is a major and influential leader in today's global economy. We have over 100,000 employees across the country and around the world. Come Join the Department of the Treasury and Invest in Tomorrow.

See "Other Information" for Locations.

Learn more about this agency

Responsibilities

WHAT DOES A TAX EXEMPT BOND REVENUE AGENT DO? As a Tax Exempt Bond Revenue Agent you will plan, coordinate and independently conduct examinations of tax exempt bond issuances (Form 8038 series for compliance with the Internal Revenue Code requirements. Examinations contain unique, complex or special audit features such as governmental or financial accounting, tax law, investigative or compliance problems where there is little or no previous guidance.

WHAT IS THE TAX EXEMTP AND GOVERNMENT ENTITIES (TEGE) DIVISION? Tax Exempt & Government Entities Division serves Employee Plans which examines the returns of qualified pension benefit plans compliance. Exempt Organizations ensures not-for-profit organizations meet tax-exempt status requirements. And, Government Entities ensures organizations meet their tax withholding and employment tax payment requirements.

As a Tax Exempt Bond Agent (TEB) you will:

  • Identify and correct noncompliance found during tax exempt bond examinations.

  • Determine whether interest paid to municipal bondholders is properly excludible from gross income.

  • Examine governmental entities and other borrowers who utilize bond proceeds.

  • Determine the proper use of bond proceeds as well as implementation of financial concepts regarding their investment.

  • Participate in arbitrage related enforcement initiatives.

  • Calculate and verify rebate overpayment claims.

  • Identify problems, best practices and emerging tax compliance issues.

  • Develop balanced measures and methodology for monitoring the performance of the Tax Exempt Bond Program.

WHERE CAN I FIND OUT MORE ABOUT OTHER IRS CAREERS? If you want to find out more about IRS careers, visit us on the web at www.jobs.irs.gov.

Travel Required
25% or less - 6 to 10 nights travel per month.

Supervisory status

No

Promotion Potential
13

  • Job family (Series)
    0512 Internal Revenue Agent

  • Requirements

Help

Requirements

Conditions of Employment

  • Refer to "Other Information."

  • Please click "Print Preview" to review the announcement before applying.

  • Must be a U.S. Citizen or National.

.

Qualifications

You must meet the following requirements by the closing date of this announcement:

BASIC REQUIREMENTS FOR ALL GRADES

A Bachelor's or higher degree in accounting from an accredited college or university that included at least 30 semester hours (45 quarter hours) in accounting or 24 semester hours in accounting and an additional 6 semester hours in related subjects such as business law, economics, statistical/quantitative methods, computerized accounting or financial systems, financial management or finance. OR

A combination of experience and education at an accredited college or university equivalent to a four year degree that included courses equivalent to a major in accounting, i.e. at least 30 semester hours in accounting or 24 semester hours in accounting and 6 semester hours in related subjects as described above. OR

A Certificate as a Certified Public Accountant (CPA) obtained through written examination in a State, territory or the District of Columbia. OR

Are currently serving as an Internal Revenue Agent GS-0512 and have been in this position for at least one year or was previously an Internal Revenue Agent GS-0512 and held the position for at least one year.

AND You must possess the following professional accounting knowledge's:

Principles of Accounting, Intermediate Accounting, Cost Accounting, Advanced Accounting, and Auditing. For more information on the required accounting knowledge's please refer to Internal Revenue Agent Basic Requirements.

This knowledge is typically acquired by completion of an accounting degree from a four-year college or university. If not from an academic environment, the knowledge can also be obtained from certain work experience.

In addition to the above, you must meet the requirements described below:

GS-13 LEVEL: You must have at least one year of specialized experience at a level of difficulty and responsibility equivalent to the GS-12 in the Federal service. Specialized experience for this position includes progressively responsible and diversified professional accounting or auditing work that requires experience and skill in:

  • Applying professional accounting principles, theory, and practices to analyze and interpret accounting books, records, or systems specifically to determine their effect on Federal tax liabilities and their adequacy for recording transactions affecting tax liabilities.

  • Interpreting and applying Federal tax law for governmental, municipal and private entities.

  • Municipal financial transactions and financial management principles and practices.

  • Corporate financial transactions and financial management principles and practices.

  • Interacting effectively with a broad range of individuals and in negotiating with specialist in accounting, legal, tax, and other similar business related professions.

  • The experience may have been gained in the public sector, private sector or Volunteer Service. One year of experience refers to full-time work; part-timework is considered on a prorated basis.

  • To ensure full credit for your work experience, please indicate dates of employment by month/year, and indicate number of hours worked per week, on your resume.

Education


icon no score

See how you match
to the job

Find your dream job anywhere
with the LiveCareer app.
Mobile App Icon
Download the
LiveCareer app and find
your dream job anywhere
App Store Icon Google Play Icon
lc_ad

Boost your job search productivity with our
free Chrome Extension!

lc_apply_tool GET EXTENSION

Similar Jobs

Want to see jobs matched to your resume? Upload One Now! Remove
Tax Law Specialist (Teb) 12 Month Roster (Tax Exempt Bonds Specialist)

Department Of The Treasury

Posted 6 days ago

VIEW JOBS 11/16/2019 12:00:00 AM 2020-02-14T00:00 * Duties Help Duties Summary WHAT IS THE TAX EXEMPT AND GOVERNMENT ENTITIES (TEGE) DIVISION? Tax Exempt & Government Entities Division serves Employee Plans which examines the returns of qualified pension benefit plans compliance. Exempt Organizations ensures not-for-profit organizations meet tax-exempt status requirements. And, Government Entities ensures organizations meet their tax withholding and employment tax payment requirements. See Other Information for Locations Learn more about this agency Responsibilities WHAT DOES A TAX LAW SPECIALIST (TAX EXEMPT BONDS) DO? As a Tax Law Specialist for the Tax Exempt Bonds program, you will be responsible for providing technical, analytical, and outreach activities directly related to the programs for which you are assigned. The work of this position includes organizing and administering the activities of the Bond Program to insure that customers are provided with appropriate guidance and assistance in helping them understand and comply with applicable tax laws, rules, and regulations. In this critical role, you will not only provide IRS tax compliance services, but will promote ongoing voluntary compliance with IRS tax system. As a Tax Law/Exempt Bond Specialist you will: * Confer with internal and external stakeholders to explain compliance, legal and other significant issues involved, and the applicability of pertinent tax laws, regulations and related filing requirements. * Develop and administer educational programs including seminars and outreach programs to foster voluntary compliance with tax exempt bond issues. * Develop audit guidelines and provide other forms of written and oral technical assistance. * Analyze data including examination results to identify trends, issues and problems. * Identify previously unknown potential areas of non-compliance requiring policy determinations, legal interpretations or law changes to promote voluntary compliance. * Participate in technical issues and position meetings to resolve controversies impacting Tax Exempt Bonds. * Provide expert technical and procedural assistance, and prepare technical responses to inquiries submitted by members of Congress, taxpayers, authorized representatives, and other external customers. WHERE CAN I FIND OUT MORE ABOUT OTHER IRS CAREERS? If you want to find out more about IRS careers, visit us on the web at www.jobs.irs.gov. Travel Required Occasional travel - 1 to 5 nights travel per month. Supervisory status No Promotion Potential 13 * Job family (Series) 0987 Tax Law Specialist * Requirements Help Requirements Conditions of Employment * Refer to Other Information * Click "Print Preview" to review the entire announcement before applying. * Must be a U.S. Citizen or National. * IRS Employees with Career or Career Conditional Appointments . Qualifications You must meet the following requirements by the closing date of this announcement. GS- 13 LEVEL: You must have 1 year of specialized experience at a level of difficulty and responsibility equivalent to the GS-12 grade level in the Federal service. Specialized experience for this position includes: demonstrated legal, tax accounting, or other experience that required knowledge of Federal tax laws, regulations, precedent decisions, or other areas related to the position to be filled. Examples of qualifying specialized experience include: * Preparing, reviewing, or applying rulings, advisory letters, memoranda, etc. related to Federal taxation. * Analyzing and adjudicating tax claims, appeals, settlement offers, or similar work related to Federal tax operations. * Work as an attorney that required legal research, analysis, and preparation of briefs or similar documents interpreting laws and regulations. * Work as an accountant, auditor, or investigator that required application of Federal tax accounting principles and/or the Internal Revenue Code and related laws. To be qualifying, your experience must be sufficient to demonstrate the following: Professional, comprehensive knowledge of the Internal Revenue Code, regulations, procedures, published rulings, and court decisions as they relate to tax exempt bond matters, sufficient to provide technical and analytical services to the Tax Exempt Bond program and related outreach activities; Comprehensive knowledge of analytical skills and abilities to analyze difficult factual situations and apply relevant legal and administrative authority; Ability to write and communicate orally complex technical positions effectively and persuasively; Networking and relationship building skills in order to develop and maintain effective liaisons with internal and external customers; Skill in establishing and maintaining effective customer relationships, dealing directly with others, leading discussions and conferences, and negotiating differences; and the ability to work independently and to plan work to maximize productive use of time. * The experience may have been gained in the public sector, private sector or Volunteer Service. One year of experience refers to full-time work; part-timework is considered on a prorated basis. * To ensure full credit for your work experience, please indicate dates of employment by month/year, and indicate number of hours worked per week, on your resume. In addition to the above requirements, you must meet the following, if applicable: * You must have been at the GS-12 level for 52 weeks (time-in-grade requirement). Education Department Of The Treasury Laguna Niguel CA

Internal Revenue Agent ***12 Month Roster*** (Tax Exempt Bonds Agent)

Department Of The Treasury