Tax Bowl

Doesn’t “awaiting acknowledgment” satisfy your timely filing obligation? I believe there can’t be “error not submitted” after this time, and even if there is a rejection, you have the perfection period to correct… more

Why did I still feel like I know nothing tax technical after 5 years in tax…

Investment partnership’s state income allocation is a nightmare. How do you deal with it?

Hi, I’d like to get some career advice. If this is a dumb question, I apologize as it’s my first year on the job. I’m on a client that’s a credit fund with lots of international structures and loans/c… more

Dear Pennsylvania,

You do not need to have a tax return that is anywhere near this complicated.

Sincerely,
All Tax Preparers

I am looking forward to Tuesday

Does anyone file Utah pass-through entity returns for resident shareholders of an S-Corp often? Have an Utah S-Corp that has a single shareholder (who is also an Utah resident) that we made a pass-thr… more

Anyone work at MGO? Trying to get to know this company more. How’s Pay? People? Culture? And etc. thank you!

Question to fellow lawyers who are working in tax, where most of your colleagues are accountants or CPAs. How has your experience been so far? What differences do you notice in the way you deal with t… more

Hello tax friends. I have a question. I had a property I held Under S-Corp as a flip property, NOT rental. I put all costs to WIP until I sold it. I sold for a loss unfortunately of 10k. This is ordin… more

Thoughts on PwC’s insurance tax group? Any thoughts at all, is it life insurance? just trying to get a sense of what the work is like over there.

What exit opportunity would you choose as a big 4 tax senior, find something in industry or something in government

How many hours are tax managers working right now in top 10?

Senior Manager at a Big 4 here, when did you know when it was the time to leave?

What are the required annual chargeable hours at Top 10 for tax? Could you comment if you know exact numbers currently?

Example:

PTO - not billable

Associate - (1,700 billable hours)
Senior - (1,650 billable hours)
Manager - (1,… more

I understand health insurance for 2 plus % will be deducted only when the S corp paid and this must be included on W2. I dont see the benefit of it because you need to add back on wages then deduct on… more

Team is growing and have been asked if I can refer anyone to the jobs we have in the PwC Midlands region in the UK. Hit me up if you want a referral.

Any firms in Las Vegas that have no tracking timesheet required are hiring?

What to do if you have an offer but are still waiting on another that is expected to take a bit longer? Do you tell the one you are waiting on?

If partner has 0 tax basis but substantial at risk basis, the loss cannot flow right? Because it needs to clear the first level (tax basis) and have sufficient tax basis to move to the next level (at … more

If anyone is impacted by the PwC technology layoffs please look through the tax technology positions at EY and DM if anything fits your background or interests. We have a lot of openings throughout th… more

Should partnership credit card liabilities be treated recourse or nonrecourse debt?

PTO etiquette?

I started at EY this week, and I wanted to know if there are any unspoken rules regarding PTO I need to be aware of. I have a two week trip planned for the spring but I just want to mak… more

If you had no kids (and weren’t planning to have any), had your own house, maxing out your retirement accounts and had decent savings, not married but in a relationship - would you take a $20k pay cut… more

What would you say you are seeing as either your average fee for a 1040? Or do you have a minimum fee for a 1040 client? I realize no 1040 is the same and complexity varies. Just looking for rough num… more

How busy are you tax planners these days?

Need thoughts on go-system. Anybody use it currently? Would love to hear the good and bad.

Looking for a new job/project, last 7 years in Tax mainly Indirect/Vat/Partial exemption method in UK London area.
Implemented partial exemption engine for one of B4 flagship product. Want to stay in tax dom… more

What’s the deal with the job market rn? Will things start to improve in coming years? What do you guys think

Hi fishes, seeking referrals for EY!

Has anyone worked in private partnership solutions at pwc? Are they basically the specialty sub-k group for private or are they something else? When are they usually busy?

Is it a red flag to be applying to jobs right now if you’re in industry? I know people in public say yes.

Has anyone transitioned from a B4 to the IRS as a Revenue Agent or Revenue Officer? Any advice or recommendations on whether this is a good move?

I need help understanding what is going on since it happened twice to me. I interviewed at 2 different industry jobs. Apparently I was the first one to go in for interview for both. The first company … more

Would it be insane to go from M&A Tax to IRS LB&I? Understand it would be a pay-cut, but really looking for a lifestyle change. Any insights would be appreciated

Anyone know what information is relevant on schedule k-3 when performing a 1040?

What 2 areas in tax do you consider the most difficult? . For me, I think it is tax provision and international tax