WHAT IS THE LARGE BUSINESS AND ITNERNATIONAL (LB&I)? The Large Business and International (LB&I) business unit provides service and enforcement activities to support tax compliance of businesses and related entities with assets of $10 million or more, as well as small U.S. businesses engaged in international, U.S. citizens abroad, and foreign persons and businesses with a U.S. tax requirement.Learn more about this agency
See Other Information for Locations
WHAT DOES A FINANCIAL ANALYST DO? As a FINANCIAL ANALYST (Business Appraiser) in the IRS you will perform unique, sometimes controversial and precedent setting appraisals of businesses and business interests where the appraisal can have significant tax impact, tax compliance, affect large segments of the taxpayer(s) population, and have the potential to suggest needed legislative change.
As a Business Appraiser you will:
- Perform reviews of appraisals of large and complex closely-held corporate stock, partnership, fiduciary, and individual proprietorship business interests.
- Perform work for all IRS Operating Divisions, for Appeals and for Counsel.
- Determine the fair market value of publicly-traded and closely held corporate stocks, securities, and business interests.
- Be responsible for reviewing unique, highly complex valuation issues relating to the fair market value of tangible and intangible assets; covenants not to compete; officer compensation, built-in gain discounts; marketability discounts; and minority interest discounts.
- Review facts, and if existing facts are insufficient, request additional information and conduct independent investigations to gather relevant information, and analyze and interpret findings.
- Function as a technical authority on issues requiring the application of new theories and standards to appraisal problems not susceptible to treatment by accepted and established procedures, or where no accepted or established appraisal procedures exist.
- Engage taxpayers and their valuation experts in resolving strong disagreements concerning highly controversial valuation issues.
- Function as a technical authority for valuation issues on income and estate and gift tax examinations, examinations of tax-exempt entities collection activities, and litigation.
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
25% or less - Travel 1 to 5 days not more than 25%,
This job originated on www.usajobs.gov. For the full announcement and to apply, visit www.usajobs.gov/GetJob/ViewDetails/600292200. Only resumes submitted according to the instructions on the job announcement listed at www.usajobs.gov will be considered.