SALT - State and Local Tax

If you had the opportunity to ask your team anything before you started, what would you ask?

What are your exit strategies out of SALT? If you have them.

Crowe is looking for SALT professionals at all levels. If you are looking to make a move in your career, feel free to send me a DM and we can discuss details.

Curious, how many people work at your firm? We have 15, including the partners.

🤝 Pay it Forward 🤝
Let's help each other out! Let's use this thread for sharing the best advice you've received this year about your career in tax!

How do you all prepare for the madness that's about to start next month with the busy season? I'm taking a week off at the end of the month.

What are the pay & benefits like for mid-level tax associates at KPMG?

🏆 Goal Setting Thread 🏆
As the year winds down, let's talk about our goals. Whether they're big or small, short-term or big-picture, use this thread for accountability and inspiration!

Why did you choose to work in SALT over other areas of tax?

Trying to purchase TurboTax deluxe online 2022 using the Black Friday sale because I have 5 states to file taxes in and want to e-file all of them, but every time I log into Intuit it just shows 2021.… more

Anyone know or have any industry jobs available in SALT for SR/Manager level with 5 years PA experience? No more PA firms has to be private. Message me if you have something you can refer me to.

Need some help! Currently live in TX but work as an independent contractor (remote) for a NYC based company - do I still need to pay NY state convenience tax on income or would this only apply as a fu… more

I would like to learn more about SALT as far as it’s building blocks, key factors, how to apply the logic, researching. Any insight on this? I am aware of the success factors courses.

Anyone making career moves out of SALT? Curious to hear where people are going and what career paths people are looking into.

How does NY (or any other states that tax income) enforce taxes on nonresidents? Assume the taxpayer does not file state return with NY and does not have NY on W2.

Seems NY would have no way of target… more

Los Angeles Area comp for 2nd year asset management?

Currently making $85k with a 7.5k signing bonus. Wondering if I’m being underpaid in my role. Ive tried probing my colleagues but no dice.

Need some help fam - I live in Colorado, but have a job "based in San Francisco" so working remote. I'm paying Cali state taxes/ deductions. Will I get the excess back when I do my tax r… more

What’s the comp. like for senior tax associate at KPMG? TIA

New Jersey partnership question.

Partnerships need to use market sourcing for purposes of calculating NR withholding tax (though NJ doesn't even call this withholding anymore).

However, for purposes of calculat… more

Does anyone have any contacts at OK DOR? Trying to resolve a notice re OK PTE election.

Anyone else make a $1mil+ on options at the end of year and then lose it all in January and now owe the IRS $400k+ on money that no longer exists? 😬
Need some help/guidance if anyone is willing to h… more

If anyone with 1 YOE or higher (non-internship experience) is looking for a referral to EY's Tax practice, DM me. Referring for Staff 2, Seniors, Managers, Senior Managers and above.

Looking for a Manager or Senior Manager to build the SALT practice in RSM Columbus. If interested, let me know.

I want to leave tax. But as a salt manager what jobs would I even be qualified for?

Hello! Looking for guidance on SALT senior manager salary in the Boston market. I’ve been a senior manager for 3 years in NYC. I know it will be less, but I’m not sure how much less. I know it can be … more

l

TX PIRs are painful to review 🥲🥲🥲

New to the country. I need to fill the W-4 tax form and I don't know if I am eligible to any tax credits. Do I have the opportunity to change this later?

If any seniors or managers are looking for a referral to CohnReznick tax or audit, please DM me. Fantastic firm and comp, and 100% remote if you want it to be (so any office is not a problem)

BDO SALT Boston is growing. We’re looking for an experienced associate and senior if you want to make the switch. Happy to talk if you want to learn more.

Which one is a better investment option in today’s times- Buying a house or LP (indirectly) in a small Private equity firm fund..

Do not have any instruments of tax saving, would be first house if deci… more

Sales tax question...if I purchase a gym membership in a state that doesn't tax gym fees and then use that membership at the gym's chain in another state that taxes gym memberships or admissio… more

Our SALT team at Crowe is looking to grow - all levels / locations. DM me if you are interested in learning more.

I had rented my condo to an unpleasant “condo maintenance company” as my tenant. Had to end the lease prematurely, a lot of trouble. Now I am deducting about $500 from their deposit of $2150, and he i… more

I made a mistake in the tax filing- filed an 1099 as long term gains instead of short term gains but have attached the correct 1099 pdf with the return. Am I in trouble? Should I Wait for the IRS lett… more

My 2022 w-2 has states tax paid in California. But I was living in Illinois. I have paid more taxes per my w2. Do I need to file state tax for both IL and CA?

Greetings! I work full time and have a couple LLC’s, sole proprietorship. I file a schedule C since they are disregarded entities. Looking for tips (legitimate of course) on things I should be deduct… more

Maxed out Roth IRA contributions when I wasn't eligible for 2021 (got a salary bump mid year). Do I need to recharacterize? It's a very small account that's been open for only two years. T… more