Internal Revenue Agent NTE Amended

U.S. Department of the Treasury
Published
April 23, 2019
Location
Chesterfield, MO
Job Type

Description

 

  • Duties

Help Duties Summary

See Education Requirements for duty locations.

* AMENDED TO REFLECT POSITION IS NTE 1 YEAR, MAY BE EXTENDED AN ADDTIONAL 4 YEARS, OR MAY BE MADE PERMANENT*

Learn more about this agency

Responsibilities

WHAT IS THE LARGE BUSINESS & INTERNATIONAL DIVISION? The Large Business and International (LB&I) business unit provide 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.

WHAT DOES AN INTERNAL REVENUE AGENT DO? An Internal Revenue Agent (IRA) conducts examinations of entities of varying complexity, including corporations, partnerships, foreign entities, individuals, and fiduciaries. In this position, you will use your professional knowledge and skill in accounting and auditing techniques and practices to examine various tax returns, determine the correct tax liability, identify situations with potential for understated taxes, and to recognize potential fraud. Many situations may require specialized knowledge of a particular industry and/or may involve varied or complex systems of accounting. In addition to internal stakeholders, you will interact with taxpayers and their representatives, all from varied socioeconomic and cultural backgrounds, provide examination findings, interpretations of tax laws and regulations, and other necessary information to ensure future compliance.

As An Internal Revenue Agent You Will

 

  • Conduct independent examinations and related investigations of income tax returns that cover a diversified spectrum of taxpayers, to include corporations, partnerships, foreign entities, individuals, and fiduciaries. Examinations may also contain special audit features or anticipated accounting, tax law, or investigative issues.
  • Conduct examinations to ensure proper reporting of income and expenses of individual and business taxpayers using financial and other investigative skills.
  • Conduct package audits to determine that other required returns such as information, excise, or specialty returns are filed and conduct concurrent examinations or make referrals of these and other returns when warranted.
  • Identify issues to be pursued based on large, unusual or questionable items which produce significant tax or compliance effect and utilizes the appropriate tax law and facts needed to resolve them. Recognizes indicators of fraudulent activity and develops appropriate referrals.
  • Utilize standard accounting methods and techniques during the course of examinations in order to develop information regarding the income and financial operations of taxpayers.
  • Examine accounting systems and records including computerized accounting and financial information systems which reflect a variety of complex financial operations. Gathers and researches data from a variety of sources, and/or specialized accounting practices unique to a particular trade or industry.
  • Confer with taxpayer or their representatives to explain the accounting and other issues involved and the applicability of pertinent tax laws and regulations and explains proposed adjustments.

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 - 1-5 nights per month

Supervisory status
No

Promotion Potential
13

  • Job family (Series)

0512 Internal Revenue Agent

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  • Requirements

Help Requirements Conditions of Employment

  • Must be a US citizen or national
  • Refer to Education Requirements for locations.
  • Click print preview to review the entire announcement before applying
  • IRS employees with Career/Career-Conditional Appointments
  • Qualifications

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

BASIC REQUIREMENTS: (All grade levels)
You must have 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.

In addition to the above qualifications, you must possess the following professional accounting knowledges: Principles of Accounting, Intermediate Accounting, Cost Accounting, Advanced Accounting, and Auditing. For more information on the required accounting knowledges please refer to www.jobs.irs.gov/student/internal-revenue-agentbr.html

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

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: Progressively responsible and diversified professional accounting or auditing work that required: Experience 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; Experience interpreting and applying Federal tax law for individuals, business and/or exempt organizations, partnerships, and corporations; Experience of business and trade practices to develop tax issues based on analysis and evaluation of overall business operations and financial condition; Experience of corporate financial transactions and financial management principles and practices; and Experience interacting effectively with a broad range of individuals and negotiating with specialists 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- 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 a number of hours worked per week, on your resume.

In addition to the above requirements, you must have been at the GS-12 level for 52 weeks (time-in-grade requirement).

Company Description

The Treasury Department is the executive agency responsible for promoting economic prosperity and ensuring the financial security of the United States. The Department is responsible for a wide range of activities such as advising the President on economic and financial issues, encouraging sustainable economic growth, and fostering improved governance in financial institutions. The Department of the Treasury operates and maintains systems that are critical to the nation's financial infrastructure, such as the production of coin and currency, the disbursement of payments to the American public, revenue collection, and the borrowing of funds necessary to run the federal government. The Department works with other federal agencies, foreign governments, and international financial institutions to encourage global economic growth, raise standards of living, and to the extent possible, predict and prevent economic and financial crises. The Treasury Department also performs a critical and far-reaching role in enhancing national security by implementing economic sanctions against foreign threats to the U.S., identifying and targeting the financial support networks of national security threats, and improving the safeguards of our financial systems.

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