Gaingels is amongst the largest investors in the world aiming to deliver consistently above-market returns, while increasing visibility, representation, and access for all
underrepresented communities in venture capital.

Gaingels co-invests with select venture capital leads in companies resolved on building diverse
and inclusive teams. We seek to drive top returns while influencing the ecosystem and
representing the LGBTQ community, its allies, and a diverse group of investors within the capital stack of its portfolio companies.

Investments are through a Special Purpose Vehicle (SPV) that is commonly used in venture capital. SPVs allow multiple investors to pool capital, offering a, often, cheaper, more efficient way to invest in a single company compared to traditional funds.

Responsibilities
Gaingels is seeking an experienced SPV tax preparer to assist the Tax Manager with all things SPV taxes.

The Tax Associate is responsible for assisting the Tax Manager with processing, preparing, and reviewing SPV LLC tax returns (1065’s), including extension preparation and e-filing, K-1/K-3 preparation and review, preparing state extensions and state tax forms, receiving, reviewing and processing incoming third party K-1s and other tax documents (1099-DIV, 1099-INT- 1099-B, etc.), assisting with tax compliance (e.g. handling state tax department notices, IRS notices), and assisting with other ad hoc projects or tasks.

In order to fulfill this responsibility, you will be expected to complete the following activities:
Preparing and reviewing federal and state extensions for SPV LLC’s
Preparing and reviewing federal and state tax returns for SPV LLC’s
This will include preparing returns that have significant taxable activity, not limited to but including interest income, short/long term capital gains, transfer of capital, dissolution/bankruptcy of portfolio companies.
Preparing and reviewing K-2s (and reviewing K-1s/K-3s)
Preparing and reviewing transfer of assets or secondary sales within an SPV
Reviewing and filing incoming tax documents (K-1s, 1099’s)
Assisting with preparing form 8082’s
Assisting with creating fund workbooks and audits
Reviewing, preparing responses to and monitoring state and federal tax compliance notices

Experience and Skills Required
Proficiency in CCH Axcess Tax Software
1-2 years experience preparing 1065 tax returns
Specific forms you need to be familiar with are:
Form 1065
Form 7004P (Federal e-file Extension) and state partnership extension forms
Schedule L, K, D, C
Prior knowledge of venture capital investing and SPV structures
Windows Laptop or PC
Advanced English language skills (speaking, writing, reading)
Excellent interpersonal communication skills (written, verbal)
Propensity to take initiative and a desire to further knowledge and skills through training and education
Background in tax, finance, math, science, or a related field
Available to work around 9am - 5pm Eastern Standard Time.
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