Anticipated start date is 6/09/2019 with future start dates to be decided at a later date.
WHAT IS THE TAX EXEMPT AND GOVERNMENT ENTITIES 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.
WHAT DOES AN INTERNAL REVENUE AGENT (EMPLOYEE PLANS) DO? An Internal Revenue Agent (Employee Plans) makes independent determinations on the qualification status and performs independent examinations of employee plans.
As an Internal Revenue Agent (Employee Plans) you will:
- Analyze applications and issues determination letters on a variety of defined contribution plans and certain defined benefit plans under applicable Internal Revenue Code provisions.
- Apply technical tests to determine if applicable statutory and other requirements are met; audit returns filed in conjunction with above plans; and review operating mechanics.
- Consider probable effects of contributions and benefits, and ensure that plans are benefiting employees in general and do not discriminate in favor of highly compensated employees.
- Examine and interpret the provisions of plans and documents accompanying applications to determine their qualified and exempt status.
- Inspect employer's return for defined contribution plans and certain defined benefits plans to substantiate deductions.
- Examine accounting practices and bookkeeping systems of pension and profit sharing plans.
Provide accurate technical expertise to serve internal and external customers with professional and helpful service.
- Determine customer's responsibilities for return filing, secure delinquent returns and performs discrepancy adjustments.
- Apply knowledge of the pension and profit-sharing area of tax law, precedents, rulings and court decisions in order to substantiate deductions for contributions made under deferred compensation.
- Proposes revocation of trust's exempt status when related plan has ceased to qualify. Recommend re-establishment of exempt status when plan has fulfilled the appropriate compliance requirements.
- Confers with customers to determine whether the plan satisfies all the requirements for qualifications. When applicable contacts third parties to obtain or verify information.
If you are selected at a lower grade level, you will have the opportunity to learn to perform all these duties, and will receive training to help you grow in this position.
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
BASIC REQUIREMENTS: (GS-05/All grade levels) You must have Bachelor's or higher degree in accounting from an accredited college or university that included at least 30 semester hrs (45 quarter hrs) in accounting or 24 semester hrs in accounting and an additional 6 semester hrs 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 hrs in accounting or 24 semester hrs in accounting and 6 semester hrs 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. In addition to the above qualifications, you must possess the following professional accounting knowledge: Principles of Accounting, Intermediate Accounting, Cost Accounting, Advanced Accounting, and Auditing. For more information on the required accounting knowledge please refer to Internal Revenue Agent Basic Requirements.
In addition to the above, you must meet the requirements described below:
GS-7 LEVEL: You must have 1yr of specialized experience at a level of difficulty and responsibility equivalent to the GS-5 grade level in the Federal service. Specialized experience for this position includes: Experience applying the principles, concepts and methodology of professional accounting and related fields and experience communicating and dealing effectively with others. Qualifying experience may have been in accounting, auditing, tax, financial, legal, or other work that required the knowledge and skill defined above. OR You may substitute education for specialized experience as follows: 1 yr of graduate level education in accounting, or a related field such as business, finance, law, economics, management, statistical/quantitative methods or computer science. OR Superior Academic Achievement may be met by having a Bachelor’s degree, with one of the following: A GPA of 3.0 or higher on a 4.0 scale for all completed undergraduate courses or those completed in the last two years of study, or a GPA of 3.5 or higher on a 4.0 scale for all courses in your major field of study or those courses in your major completed in the last two years of study, or rank in the upper one third of your class in the college, university, or major subdivision, or membership in a national honor society recognized by the Association of College Honor Societies.
GS-09 LEVEL: You must have 1yr of specialized experience at a level of difficulty and responsibility equivalent to the GS-07 grade level in the Federal service. Specialized experience for this position includes knowledge of and skill in applying the principles, concepts and methodology of professional accounting and related fields and skill in communicating and dealing effectively with others. Qualifying experience is accounting work that includes the design, development, operation or inspection of accounting systems; the prescription of accounting standards, policies and requirements; the examination, analysis and interpretation of accounting data, records or reports; and the provision of accounting or financial management advice and assistance to management. Work could also include developing comprehensive accounting and financial information systems in concert with recognized accounting theory and practices as taught in academic institutions and promulgated by accounting standards boards, professional accounting organizations and the Comptroller General. Experience can include work, which included operating, maintaining, improving and evaluating established systems. Day-to-day accounting system operation and maintenance work should address the adequacy of system design, the adequacy of current data in providing financial information or ways to use the system to satisfy new information requirements. Professional accounting work must have been creative, analytical, evaluative and interpretive. OR You may substitute education for specialized experience as follows: 2 yrs of progressively higher level graduate education leading to a master's degree or equivalent graduate degree in a related field such as Accounting, business, finance, law, economics, management, statistical/quantitative methods, or computer science.
GS-11 LEVEL: You must have 1 yr of specialized experience at a level of difficulty and responsibility equivalent to the GS-09 grade level in the Federal service. Specialized experience for this position includes knowledge of and skill in applying professional accounting principles, concepts and methodology in the examination of accounting books, records and systems; skill in interpreting and applying tax law for individuals and business and/or exempt organizations; knowledge of business and trade practices to analyze business operations and financial conditions; and skill in interacting effectively in a wide range of situations with a broad range of individuals. Examples of experience qualifying as specialized include: (This list is not inclusive) Experience in interpreting and applying professional accounting and auditing techniques and practices to examine various tax returns of individuals and/or business organizations. Examining accounting systems and records including computerized accounting and financial information systems which reflect a variety of complex financial operations. Gathering and researching data from a variety of sources, and/or specialized accounting practices unique to a particular trade or industry. The interpretation and application of Federal tax law for individuals, business and/or exempt organizations, partnerships, and corporations. OR You may substitute education for specialized experience as follows: 3 yrs of progressively higher level graduate education leading to a Ph.D. degree or equivalent doctoral degree in a related field such as Accounting, business, finance, law, economics, management, statistical/quantitative methods, or computer science.
You may qualify by a combination of experience and education. Options for qualifying based on a combination will be identified in the online questions.
-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-time work 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.