Full-Time
Tax Senior
Confirmed live in the last 24 hours
Teamshares
51-200 employees
Facilitates employee ownership of small businesses
Mid, Senior
San Antonio, TX, USA
Position requires onsite presence in San Antonio, TX.
- Bachelor's degree in accounting or a related field
- CPA certification preferred
- At least 3-5 years of experience in tax accounting
- Strong knowledge of federal and state tax laws and regulations
- Proficient in tax preparation software and Microsoft Excel
- Excellent analytical, problem-solving, and communication skills
- Ability to work under pressure and meet deadlines
- Strong attention to detail and accuracy
- Ability to work independently and as part of a team
- Prepare and review tax returns for individuals, corporations, partnerships, and trusts
- Analyze financial information to identify areas where taxes can be saved or reduced
- Assist clients in preparing tax planning strategies to minimize tax liability
- Stay up-to-date with changing tax laws and regulations and communicate those changes to clients
- Provide tax advice and guidance to clients on various tax-related matters
- Respond to inquiries from tax authorities and help clients with tax audits
- Review and reconcile financial statements to ensure accurate tax reporting
- Develop and maintain strong relationships with clients
- Communicate effectively with clients and colleagues on complex tax issues
Teamshares facilitates employee ownership of small businesses, particularly targeting those whose owners are nearing retirement. The company purchases these businesses and gradually transfers ownership to the employees, starting with 10% of the stock and increasing to 80% over 20 years. This approach helps maintain business continuity and prevents job losses that can occur when a business is sold or closed. Teamshares generates revenue from the profits of the businesses they acquire and manage, and they also offer proprietary software, education, and financial products. By promoting employee ownership, Teamshares not only supports the financial stability of employees but also strengthens the local economy by preserving small businesses. Their goal is to redistribute $10 billion of stock wealth to hardworking Americans, ensuring a smooth transition for retiring owners and empowering employees.
Company Stage
Debt Financing
Total Funding
$214.3M
Headquarters
New York City, New York
Founded
2019
6 month growth
↑ 6%1 year growth
↑ 0%2 year growth
↑ 5%
Simplify's Take
What believers are saying
- Teamshares has acquired over 90 SMEs, creating 2,600 employee shareholders.
- The $225 million debt financing boosts Teamshares' acquisition and transition plans.
- Expansion into Japan opens new markets and opportunities for Teamshares.
What critics are saying
- Increased competition from platforms like SKROL could challenge Teamshares' market position.
- Expansion into Japan may expose Teamshares to unfamiliar regulatory environments.
- Reliance on debt financing could increase financial risk if businesses underperform.
What makes Teamshares unique
- Teamshares is a market leader in small business employee ownership.
- The company uniquely targets retiring small business owners for acquisitions.
- Teamshares provides proprietary software and financial education to acquired businesses.
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