Tax career path reddit. Sinabi naman na nila.

Tax career path reddit 5k to 130k in 5 years. Hi, I just passed the May 2024 CPALE, yung audit firm na ina-aplyan ko, tax associate yung inoffer sa'kin. They’re managing babies (business owners) essentially half the time. I know a CFP tax EA/CPA specialist with 20+ years experience and was excited about joining this elite firm. So don't worry, you're totally normal. The IRS is experiencing significant and extended delays in processing - everything. An emphasis is placed on career advice and job hunting. And as far as your age goes, I know people who were older than you who didn’t have a set career either or were transitioning careers. I fell into Tax when I was first started out and now that qualified, I’m starting to re-consider whether it’s the right path for me. There are many different path ways you can do as an accountant. I have taken my NCAs and now want to enrol for a graduate diploma in accounting. As another commenter mentioned, you should really consider if it would be the right career path for you since you dislike school. Perhaps they want exposure to a certain niche of the economy but don’t want or know how to pick the companies themselves and don’t want to research it. And your comment was that partner was the only option to get to 300-400k tc. * We provide the paths to all who request. You take 3 exams covering tax matters on individual, business, and representation and if you achieve a passing score are given the license. Generally speaking people in a tax love the work or fell into it. I was really good at tax, but a year before I left I started having neurological problems the docs at first thought was MS and then when that was ruled out had no answer. I had a similar path - was more niche in tax at big 4, moved to a smaller firm to get broader accounting/tax experience, and then was able to break away from tax altogether at a nice This subreddit is for all those interested in working for the United States federal government. A place for discussion and study tips for the Chartered Financial Analyst® (CFA®)… Reddit's home for tax geeks and taxpayers! News, discussion, policy, and law relating to any tax - U. I'm currently working as an outsource AU tax accountant (4 years AU experience). (I work in B4 tax) I know that some law schools offer concentrations in tax. Probably a reason you don't see as many Americans abroad as you do Brits. The only "standard" is sticking around in public accounting since if you don't progress, you'll eventually be fired. Depends on company size as far as how hard it is to get the job. didn't bother to take up the licensure exam. 3 years in public tax. I interned in tax at a global firm last summer, and am currently interning again at the same firm. I think it's a good source of inspiration/guidance sa mga students/fresh grads taking Accountancy regarding sa career path na ipupursue nila. Edit. Nous parlons en anglais et en français. 5 years doing small business tax (P’ships, S corps, trusts, foundations, individuals, payroll) with a large regional. 143K subscribers in the CFA community. There's companies even in the US that won't let you work in other states because each state is trying to claw back every tax dime they can get. I am a recent graduate (May 2017) with a bachelors in accounting. While I was looking, I noticed that lots of larger companies have tax analyst positions (domestic and international). Posted by u/SlicedWater20 - 2 votes and 2 comments 27 F currently working in Big 4 Tax, recently ACCA qualified with BSc in Economics and Finance. "where do you see yourself in 5 years " "Hopefully by that time I'll be Staff 2, continuing to develop my skills in the field. stayed there for 3 years. Income based SALT should not have any limiting effects, however non-income based tax career paths can go many different directions. mas better ba na sa big 4 tax assoc, sa priv, or rekta gov't? can someone enlighten meee wala kasi sa fam na pwede ko pag tanungan. Client pa mismo. Many big 4 tax people switch into national or smaller firms due to their coveted experience and a higher pay check. All the seniors I know who left went for non "tax" jobs like GL/Revenue accounting. Hi everyone, Currently a second year accounting student at one of the large feeders to the Big 4. A place to discuss careers and professional development related to environmental sciences and engineering, including compliance, permitting, assessments, remediation, and related fields. Might be able to offer more information if you have any additional details you can provide. I read several posts and find out: -Personal expat tax: limited exit opportunities and specialty tax -Corporate tax: can move into corporate side, tax consultants -State and local: very stressful cuz receive forms from client near deadline -Compliance: my understanding is filling out tax forms for corporate? Easiest path is to be an ERP consultant. Seeking some career path advice. Increased pay and much less stress. I’m really not representative salary wise for a few reasons out of choice. Middle market national firms (BDO, GT, RSM etc) are great places to start at so don’t be a Big4 or nothing type. Hi, just wanted to hear more about this career path. Add in property tax, gift tax, estate tax, excise tax, and payroll tax, and we find many opportunities for careers in tax. Other than that, it's really open. I love being home. I think you would change your tune. But yeah, those offers don't sound great. Primarily for accountants and aspiring accountants to learn about and discuss their career choice… I’m going through this currently. Tax law is one of the most lucrative law paths out there, but I didn't really want to practice law, I wanted to stay on the accounting and compliance side. A second option is to switch into industry. The "general career path" at B4 is 2 years as an associate to get promoted to senior, and 3 years as a senior to get promoted to manager, and 3 years as a manager to get promoted to senior manager. Primarily for accountants and aspiring accountants to learn about and discuss their career choice… Hello tax pros! I'm looking for advice on professional development that would lead to tax prep but not as a main career. I'd strongly recommend trying out an internship - that way you can get a feel for what the actual job is like. Sinabi naman na nila. Planning to apply sana sa shared services para ma-expose din sa foreign clients by next year. I have friends who do M&A tax, tax controversy, work for the IRS, formerly corporate tax and now in-house counsel, international tax, all over the place. If you really want to further your education and work in tax, I highly recommend a masters in tax. " It depends highly on what the company values in a CFO. " career path for internal auditors From what I’ve seen on LinkedIn, people go into senior tax analyst, controller, senior accountant jobs, PE firms, tax planning/wealth planning at TD/BMO etc. And this ties in to the student propaganda that I discussed before - students are generally told that an audit internship at the Big4 is the golden standard for a college senior to attain and anything else is less desirable. It seems like it could be a great career path for someone that wants to make pretty good money, be their own boss, and have good work life balance outside of tax season. Hi all, I'm just starting my career in public accounting this year at a Top 10 firm (Not Big 4). IT ops isn't strategic; it's operational, as the name implies. I wouldn’t compare myself to people having kids and having careers. In particular, I’m worried that I will get ‘pigeon-holed’ too early on in my career as Tax is quite focused. And i think it’s clear no one’s making partner in 6 years. I’d like to hear about some of your experiences from those who took a career path similar to that. Tax can be extremely difficult. and International, Federal, State, or local. Hoping that you can share more pa po sa nasagap niyo na balita. Working anywhere though? Still tricky. This is especially bad for tax as it seems less students in general are seeking out internships in tax. I work as a broadcast master control operator in a tv station, but I originally wanted to get into film production for a career. Jul 18, 2024 · Depends on your goals. If you're not sure, then audit is probably the better route. If you enjoy your tax class, it's a good sign; but no guarantee you'll actually like the work. Careers after B4 are influenced heavily on luck and some skill. 734K subscribers in the Accounting community. One thing I think you've missed out - and it's a pretty big career track - is IT Operations as its own branch. Though this isn't for everyone. Generally income tax folks have more upward mobility inside and outside the firm due to the types of transactions encountered. I am never going to the office again. Be kind and supportive - no hate or judgement allowed here. Left and am now a tax manager at a medium sized but reputable hedge fund. So it seemed safe to assume that everyone was talking total career. High client expectations + high output expectations means a tough career choice unless and until the tech/data/tax firm equation is solved. Left to industry as a senior tax accountant. Can we get a post with your career progression and salary? I find it hard to know potential career paths and thought this might help. We would like to show you a description here but the site won’t allow us. While I can endure tax work for the next 1-3 years if it boosts my career, I’m hesitant about committing to tax for the long term. Since the application process itself is often nothing short of herculean and time-consuming to boot, this place is meant to serve as a talking ground to answer questions, better improve applications, and increase one's chance of being 'Referred'. I’m in my mid-20s and am coming up on 2 years working at a broker dealer as a representative. My wife and I would eventually like to make around 500k a year between her career as an attorney and me as a CPA, primarily to set us up for retirement down the road and our future kids well being. I am more well rounded in tax after my masters: international and state/local tax mainly. It’s not really how things work now. Posted by u/Infinite_Complex_650 - 4 votes and 5 comments Tax law is a great career choice. I do tax and estate planning for high-net worth individuals ("private wealth"). I am going to cross post this thread to r/Accounting (), since i want to hear opinion of experts that may or may not have done either in their life. Kahit di ka pa CPA. ) So I'll start with myself, Field: Private (FMCG) Experience: 2 years Salary: P58k Starting salary: P16k This subreddit is for all those interested in working for the United States federal government. There are two similar jobs -- Tax Accountant vs Tax Preparer -- and the pay ranges couldn't be more different. The best thing to do if you're not sure is to experiment and get a taste for different lines of work so you gain a deeper self-awareness of who you are, what the workforce is like, and how it's like to work with You can also do your own research by searching current B4 Partner or Director profiles in your desired consulting area on LinkedIn and see their career path. I could not for the life of me find anyone who works as a tax accountant in industry. Wᴇʟᴄᴏᴍᴇ ᴛᴏ ʀ/SGExᴀᴍs – the largest community on reddit discussing education and student life in Singapore! SGExams is also more than a subreddit - we're a registered nonprofit that organises initiatives supporting students' academics, career guidance, mental health and holistic development, such as webinars and mentorship programmes. Perhaps they also want tax breaks in the form of certain bonds, or tax loss harvesting. I want to know kung ano-ano job opportunities and how is the career progression if tax assoc ang kukunin kong position? Recruiters are working for the company. Thanks in advance. Work for a bank, doing treasury, assessing risk and investment opportunities. But both sides are equally demanding. , the private-sector (Big4, lawyers, boutique firms) tends to be even more conservative than audit/tax, so it can be rough on career growth for POC and especially women POC. A practitioner might decide to engage in tax controversy work, taking on the IRS or the various states’ departments of taxation. Wanderers and contributors alike are welcome. Members Online Tall people make more money than short people, according to the article. Ok, I like this. Operations roles vary but many investment and asset management firms have back office roles such as trade settlements, reconciliation etc. Oh yea, just P. Reddit's home for tax geeks and taxpayers! News, discussion, policy, and law relating to any tax - U. I do audit but I have a lot of respect for the tax side. What you have to understand is that becoming a C-Level exec at a large company is a little like becoming a professional athlete - lots of people that are very good aspire to such a role. Start off at entry level tax associate position for large, regional firm move into corporate/international tax, eventually getting into mergers & acquisitions, tax due dilligence (maybe move to a big4 firm?) Get an MBA from top business school (did well on GMAT for Macc, so I imagine I'll be able to do well again in 5+ years) M&A Consulting The most helpful group on Reddit. Source: I am a 7th year international tax attorney. I took some broadcast and media classes in high school and went to work as a production assistant at one of the 3 news stations in town the summer before I As far as your living situation, don’t feel bad about moving back with your parents if possible to get you through school or get a roommate. But that’s not because you work in real estate. Right now i’m doing better in my tax class, but i don’t think tax is as interesting as audit is. All the lawyers I know say it's a tough path. I know tax gets paid slightly better, but I was also wondering in y’alls experience if one has a better work-life balance over the other? My biggest question would be which one has better career paths after Public Accounting? Hi! Malapit na rin ako mag-1 year sa firm as Tax Associate, 1st busy season din. I'd like to begin a career with my Computer Science degree, as I want to put it to use, help pay my student debt off quicker. The grass is 100% greener. My first overseas job was the same base salary as the UK but 20% overtime and I think a 5% uplift. However, I'm no longer into tax, I want to change my career to another path but currently I don't know where to start. I wasn’t at big 4, but was a tax manager at a smaller firm. Where, as a tax analyst at one company, you're more likely to see a segment of what you'd see in public. It was one of the best decisions I’ve ever made. . As a B4 Tax person who got out of tax (and into a more finance/analytics type role), I can attest to the fact that's it possible to move beyond tax, but it's not as easy as if you start in audit to begin with. Just going to throw that out there since I’ve heard that feedback a lot about the career in the US unless you’re in a super super major city. Yes Tax is always changing, so there is always something to learn, and you get to work on a lot of different clients. In my area, average Tax Preparer income is 40k and average Tax Accountant is 67k, according to some charts. I feel like this path gives me a chance to see accounting from the industry perspective while simultaneously building the resume for a leadership role. I choose tax over audit because I didn't want to travel a ton and the audit work (from what I saw at least) made me want to off myself. Reply reply That being said there is no "path to a CFO. Any big company will have a dedicated tax dept. Good peeps, help me figure out steps for a successful tax law career path in Canada. It touches virtually every practice area and there are tax jobs in both the public and private sectors. Can you share with me any advice? I accept to take a trade-off of my current wage hope for a more interesting work. Left public accounting (tax) rather than take a promotion to manager because it all got real that if I didn’t leave soon I was going to be doing that life forever. I am a mother of 2, own a home (as of 2020 w a 30 year mortgage), have pets, some debt (under 10k minus mortgage), etc but on just over 30k/year (before taxes) which is a $. In medicine, you have specialists: cardiologists, anesthesiologists, pediatricians, and so on. Also, things they don’t teach you in JD or LLM that you need to know, get well familiar with: (1) targeted allocations (which have become more industry standard over layer cake allocations), and (2) F-Reorg asset sales (which have nearly completely replaced 338(h)(10 Nov 4, 2022 · One has to wonder why we still have sales tax all these many years later. We get… FTB has another path that ends into their Administrator series. Did 5 years in tax at a big 4 firm. Get ready for another data point: I’ve worked at three different companies in corp tax roles, and in all three cases, there have been people from Big 4 and national firms with two years experience, and they all start started off as seniors. I’m interested in attending law school in the future, likely with a concentration in tax. Assuming the audit career path includes all possible jobs usually taken by people that choose audit, likewise with a tax career path. What are the best career paths with an accounting major to make lots of money (300k+)? Get the Reddit app Just remember that marginal tax rates will take a My career path: 4 busy seasons in public, exit as Senior. 2-3 years exp lang 100-150k salary or even more pa. As a tax person, depending on what type of tax work you've done, you can easily work as a tax accountant for a company. This subreddit is for all those interested in working for the United States federal government. Question: Where can I apply na pwedeng ma-credit ang exp ko sa local as tax assoc? Hi everyone, I'm currently a tax consultant at big 4 with 3 years experience. Hell if you don’t mind doing Tax work (preparing returns and representing clients during audits), you could pay ~700-800 for the EA license and do that. 8 years and making 21. S. That is if may kakilala ka in Oracle or SAP to help you be referred. Our career page consisted of mainly tax internships and jobs and at career fairs the list/line for tax was always smaller for the big public accounting firms (top 10). Please be respectful of each other when posting, and note that users new to the subreddit might experience posting limitations until they become more active and longer members of the community. In this article, we provide a detailed list of 11 jobs in taxes, including the national average salaries and primary responsibilities of each position. Mostly local clients lang ang hawak ko. 5 years Assistant Controller at $500M revenue construction company. A real important factor for me is the career path these two fields will take me on. I just want to ask po anong possibilities for this career path kasi parang most of the jobs hanggang senior AU tax accountant lang and very minimal ung manager levels. Don't let the firm scare tactics keep you from looking at other opportunities for yourself. I will most likely intern in a finance/accounting department for a manufacturing company to get some experience in private during the school year. the advice I always give people in any role is to learn big picture where your current role fits in. I cannot speak to CDTFA If you Google Tax Auditor Career Path Calhr it’ll show you the class series for rank and file positions which usually promote into a supervisor series. 23 - Tax associate (Big 4) $50k (earned hours for CPA) A career in tax would mean your highest position could be the VP of a department versus audit could get you higher overall. /r/tall: reddit from a higher perspective. Audit path. Tax consulting is in high demand, and there is a good demand if you want to jump to industry after public practice. Energy Trading Career path Hello, I recently have been accepted into a program at my university that gives students paid internships in the energy trading industry. CFO of a small company here. I graduated with my bachelor’s degree in accounting 1. I recently conducted onboarding and finally met my supervisor. *For those who have a hobby, passion, or passing whim that they want to make a living out of, but don't know how they can get there. Evaluate why you dislike school. Hey; I’m trying to find a new career path, and thinking about Bookkeeping. Not to mention law school is a huge commitment and to make the most of a law degree you really should go to a T14 law school which is an entirely different beast. Easiest path is to be an ERP consultant. Just wondering if meron na yung mga 7+ years experience na in this field. Primarily for accountants and aspiring accountants to learn about and discuss their career choice. And the few people I know who left for tax jobs got into roles like tax director which is pretty far off from a plain old tax It was question of what career paths to get you to 300k-400k. Reply reply LIFOsuction44 Hopefully someone with experience responds. I'm currently leaning tax, but I want to get an idea of what the career routes could look like once you start at entry level tax associate in a PA firm. You can transition to a financial analyst role too, but you'll likely have to get in with a tax spot and then internally move around. Hello! I'm currently about to complete my last semester in my Accountancy, BS degree and I've been pretty passionate about potentially pursuing law school to become a tax attorney. Hello. So with housing paid and zero tax it was really good money for me then. I wouldn’t say tax or audit is “harder” per se to make it to partner - it’s truly a marathon where persistence pays to make it this far. I found tax to be much more bearable and even interesting at time. Primarily, when your boss quits in industry, you likely have a chance to take their role. You see a lot of different tax situations and tax subjects in public. Appreciate all your comments. Salary is high din lalo if you have 5 yrs of expi sa tax. As for currently being an audit v tax partner if that’s what you mean, I would say tax typically manages more relationships v audit. If this happens again once you get promoted, you suddenly jump positions rapidly. Welcome to Canada’s official subreddit! This is the place to engage on all things Canada. I don't see a robot being able to do what I do for at least 100 years from now, if ever. But I am good with computers, and like learning. Most of them I do see also start with the Big 4 in their home country and then get transferred to the States on an L-1 visa which limits a lot of options since it can't be transferred to other employers. I've always gotten the impression that seeing accounting from the industry side is pretty key and I feel like an executive MBA increases my odds of moving into leadership roles. So yes you can get 100% remote jobs in finance. Don't believe anything they say unless they are willing to put it in writing. No worries - For the past 8 years, I've found accounting to be both excruciatingly boring and stressful (especially around quarter or year-end closes) - I know accounting isn't the most scintillating field, but after getting diagnosed with ADHD, I realized that I had some background issues lurking in the background while I was miserable in this career. Ok - I started as a tax preparer and did that for 4 years before transferring to a tax technology/transformation team. Nov 4, 2022 · We see there are many roles in tax. 547 votes, 61 comments. 8 months Accounting Manager at a start-up, $100M annual revenue. Pay is better, hours are shorter and the benefits are second to none. There’s no reason you should be that low. I've been somewhat discouraged though from legitimate lawyers or even people across reddit sharing their experiences and thoughts about how the field is over saturated and was hoping for some guidance by those of Posted by u/Holiday_Shoe_8515 - 1 vote and 1 comment I didnt expect my career path to wind up the way it did. Might want to consider shared services ng said auditing firms though. 75 raise over 6 years of employment. The caveat though is that there are certain law schools that will virtually guarantee a job at a big law firm making $235k starting, so if you go to one of those schools the risk calculation is very different. 630K subscribers in the Accounting community. The mention of years was just saying how long to stay in public. The bigger the firm the better because you will have more resources and greater opportunities. At age 18 I was put into a shady CS tax factory (RAC factory), went from 20k-50k (partime initially at $14, ended at $18 full-time full year, remote while finishing my bachelors) 5 years later worked for some family practices making 50-60k Soooo I'm very interested po talga sa law and taxation path as an accountant (pero hindi magaling). When your the one with a huge tax bill and a possible lean. Big 4 is kind of a necessary path if you would like to do tax. This shouldn’t be a deciding factor, but I am curious since I dream about working remotely on rural land with my entire family all together. But if you want to stay in tax then the EA is a great route too, you probably already have the experience to open your own firm if you've been doing this for 14 years. So your in pricing basically. Even New York right now basically wants to double tax Tax gets paid way more than audit and that is the sad reality Tax accountants create value for the client vs the auditors don't create value. Titles such as "Tax Manager" and "Compliance Manager" are the most common exits. Hello po! Ano po possible career path after magaudit firm in 2-3 years as a Tax Associate? Wala po kasi akong kilala na friends or family namin na… The best exit opps and career paths will be tax-related. They ended up quitting this firm do to the veins popping out of their head knowing the liability of how bad and simply wrong some of the tax and portfolio advice was. I have my series 7 and 63, but am essentially customer support. Solid technical path, but I only see the visas at the Big 4. 1: Why did you become a bookkeeper? When you're in your 20s, finding your career path is really a common question that many people. My mum didn’t think it’s a good idea, because if I had a natural aptitude for numbers it would be more apparent. That said, my director's son started at PwC right out of college and went from first year associate to manager in 3 years (he just got his promotion). But has anyone moved from doing tax accounting and made their way to a finance career? I’m currently an A2 at PWC with experience in individual, partnership, and corporate tax returns. I prepare journal entries for m-3, m-2, and book adjustments. Really Idk if this applies to all schools but at mine there were way more tax opportunities than Audit. That's the path to more money and more flexibility (hopefully). Huge demand for tax attorneys. Caveat: tax law is VERY DIFFICULT TO BREAK INTO IN A LAW FIRM SETTING. I’m sure it’s an okay path for accountants but you’re in financial careers. Primarily for accountants and aspiring accountants to learn about and discuss their career choice… I’m sorry that’s a pretty limited view of the job and describes the industry from 20 years ago. All of my family and friends went to university and got jobs, from engineering to medical to finance/accounting, but not a single one of them is truly happy with their job/career path. I transitioned to a tax specialist/analyst position with a law firm. Could you transition to something else like FP&A from something like this, yea that’s probably a more likely scenario than jumping over to tax or audit. I am sure that the vast majority of them have been career B4 as opposed to coming from the outside. 5 years ago. I’m not sure if two years of Big 4 is enough though to jump to the juicy jobs. Most large corporations have their own internal tax/compliance department so this is an easy switch. Everyone in the program here instills in everyone the idea that the Big 4 is the greatest thing ever and that its such a great place to launch your career and they kind of force it down the student's throats without telling us why. Hey everyone, I have a tax internship with KPMG in summer of 2024 in NYC. Could work for a practice, doing tax returns. Hello All, I (32F) am currently underemployed. If they need to be able to regularly offer equity and the company is growing it may make since to have a former investment banker at the helm. Whether someone wants to work in sales tax, income tax, or even estate and gift taxation, the sky really is the limit. Posted by u/scoot_1973 - 6 votes and 3 comments Just my two cents, but at least for tax, I think doing a stint in public accounting is very beneficial. A lot of the guides on Reddit are junk but this is definitely worthy of being posted on r/coolguides. I create complicated tax planning schedules to understand how different book transactions will affect taxes in the future. I accepted a direct hire tax examining technician position with no interview. The AI future of tax is years off due to source data inadequacy, so the perceived level of automation is still not optimal. One being an account manager at a local income tax business, and the other an Associate Banker at Chase. Hello, for context I am starting a career in tax preparation and thought working for HR block was a decent option since TurboTax doesn't hire inexperienced preparers. But one thing's for sure, most companies really need a tax person since not all finance employees nila are tax experts, we are indemand, so I think mabilis makahanap ng job. 5 years industry as senior at subsidiary of an F100 (got CPA during this stint). Kasi iba iba naman tayo ng hinahanap sa work (salary, workload, growth, purpose, etc. The cross border tax transaction, transfer pricing, tax dispute, tax compliance are all fundamental experience and knowledge you need to in order to climb up the ranks and the best place you can learn is in the big 4 since there’s limited exposure in-house compared to service firms. I got a job as a system administrator for a multinational petroleum company and I've got to say, malaki ang advantage ng may background sa accounting kesa dun sa mga IT graduates. We all know rapid test is not that reliable pero ang masakit pa dun hindi sagot ng firm yung test. There are many different areas of tax, which can lead to different career paths. Tax compliance, accounting and bookkeeping din. Come ask questions, post your pictures, whatever you want. I have been looking online for career paths in the field but it is tough to find consistent data. 5 years at a small cpa firm doing international tax and 1. Typical career path can vary but largely you’d be hoping to do one of two things: In my opinion, CPA would suffice. And I always followed this herd of sheep, thinking that all I need is a degree and a job offer and I’ll be set. Also if you came from tax may isa cluster sa tax na hindi lumalabas ng office to go to clients pero local tax pa din ang hinahandle. Reply reply [deleted] Took up BSA because I didn't meet the quota for ECE. com Apr 18, 2024 · Learning about some possible careers in taxes can help you find a role that aligns with your professional and financial goals. The job duties for a Tax Examiner vary widely depending on which department you're in. I am a CPA, work in private industry with some business taxes but have little practice in individual taxes since textbooks and CPA study. Nov 4, 2022 · One has to wonder why we still have sales tax all these many years later. Oh yeah, easily. Advice and questions welcome. I started in tax out of school then jumped to a position in industry (granted only 3 years of experience at that time). Greeting experts of reddit, i am a freshly graduate university and would like to ask some question regarding my career going forward. Wanting to know what the typical career path looks like for someone in tax. 2. International tax law is an ever better career choice. I can answer based on experience in REPE (6 years as a property accountant at varying levels before switching to asset management). 574K subscribers in the Accounting community. I'm an international tax accountant my salary went from 55. Would like some advice on career path from tax professionals. Work as a management accountant for any organisation, doing forecasting, budgeting, variance analysis. If you could all share your personal career progression for those in Tax, that would be amazing! Avoid audit in small local firms. There is no set career path for the best salary and career progression. See full list on becker. There's sooooo many career paths and soooo much variation between people and their paths. Popping over from the lawyer side (OP posted in both subs lol) to say that this is all correct. I’m using Excel to make tables, todo lists, add things up. narealize ko na exploited ako dun, kaya naghanap na lang ako ng work abroad. Is it the time commitment? The studying? The professors/teachers? I am new to working in public accounting in tax. From observation, most tax Big4 partners (who did comm/law at university) seem to confine themselves within the tax industry - I'm not too sure if this is the case generally, but, I don't want to restrict my career path to strictly tax. Saan po kayo nakakasagap ng balita regarding this US tax career path? I'm interested in venturing this career path din kasi. Tax projects are typically smaller than audits, so you get a lot of variety. There are now many different career paths in the industry, it’s much less common to start in sales because firms no longer want people who don’t understand the process to be out there selling it. Auditors are required because SEC said so. Don't post questions related to that here, please. If anyone has any experience in the field, I’d love to know what the potential exit opportunities are and also if anyone has any idea of the possible salary progression. I'm a fresh grad and gusto ko po sana maitanong kung ano yung career path for this po, if plan ko mag take up ng law. I can’t speak for our tax accountants but I cannot see why anyone with the slightest interest in finance would get into tax accounting. However, working there so far has been a nightmare. Keep trying for private if that's your goal, but it couldn't hurt to try another public accounting firm to get some broader (non-individual tax) experience. You and your coworkers are getting ripped off, I just started my payroll career a week ago (55k salary) and previously I was an accounting assistant for 2 years (handling payroll, tax for personal and business, and business services). I forget that US citizens still pay tax when overseas. Downside lang is you are focused only sa field na yun, difficult to find a job abroad unlike audit. So much monotony (accounting in general?) and codification and researching proposed tax changes (and implications of). Tax is somewhat like the medical field. Hello everyone. M&A Tax Career Paths Just received a full time offer from one of the B4 for M&A tax. I didn't do any internships during college, and I had a couple of jobs after college. I strongly recommend Job hopping frequently if there is not a very clear path upward, you dont want to be in the same AP role making 55k in 5-10 years Reply reply Ok_Buffalo5080 I feel like our industry is hard to get a good salary expectation. It’s because it’s different accounting career path and progression. Much better ang path if tax since makaka part time kapa or apply ka BIR ;) Lastly, wala naman sa grades yan. Since you are a student I highly recommend getting multiple internships both in corporate departments audit/tax and public audit/tax. I really think you could get exit opportunities for any of these paths. So now I work on development of internal tools as a business analyst. Good move? Alternatives I must consider? I am 32. 1. hpvtmdz wyrt rzcfq jchzc qlw slbkgb kyvh ixdwl vrbvtd szoaoe