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

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SALT M&A

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If you want to make a move to B4, please feel free to DM me and I can get someone to refer you to Deloitte. That’ll probably be a good first step

I came up in income SALT at B4, realized the exit options were narrow since it’s so specialized, so I left for a general tax position in industry to pick up more federal & provision experience. It’s worked out for me so far, I feel like I can go a lot more places now that I’m grounded in a lot more areas of tax. This advice doesn’t work as well if you’re exiting at manager/senior manager levels.

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Following. I don’t have any plans to leave now but I will in the future. I’m curious to know the exit opportunities too.

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Looking to move to the Dallas Fort Worth area close to June I’m here to network and see it all would welcome me and help me out during my transition

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Hi Guys,

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Considering switching careers:

I got hired straight out from college 5 years ago from a small CPA firm and have worked in Tax ever since. Lately, I feel like this is not what I'm actually into. What else I can do with my Accounting degree?

My passion is Real Estate and Interior Design, love Managerial Accounting, I can sit for hours analyzing data, I also have a degree in Supply Chain Management.

My passion cannot feed my family but I've been burned out so much after years in Tax. 😞

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I am relocating to Charlotte NC November 30th and on the career hunt . I have experience in HR, hospitality, social work, customer service, and education. I’ll graduate with my Master of Social Work in May 2023. I’ve been applying to a few things but no luck. I’m open to trying new career fields and to hybrid, on-site , or remote work. Please point me in the direction of a great opportunity!

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For the CFE, did you do anything in addition to the ACFE prep course? The course is just practice questions, so I’m wondering where I can actually learn the information first before that.

I’m recently finished my PhD and the transition to full time work has been overwhelming. How was the transition for you?

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Has anyone made the switch from public accounting to a tax role at private equity firm?

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How did you go about finding a therapist and/or coach to support you in your career transition? What value did they add, what would you do same/different if you had the time again and any other tips?

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1YOE as a strategy consulting generalist, interested in breaking into PM. Would love to know which books / courses will get me in the best shape for PM, and if it’s worth looking into with my currently level of experience. Thank you!

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I have been in management for the past 8 years and part of large corporations. I just recently joined a small organization that I have wanted to be a part of for the past 2 years, accepted the role of general manager. This organization knew that I don’t have general manager experience, no payroll experience, no experience setting prices, no purchasing experience and today, 6 days after starting, I have been asked to step down due to not being confident that I will be ready in 3 weeks…

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I have applied for Wells Fargo for more than 15 positions I'm not even getting the status of those applied positions. All are in review stage.How will be the hiring process in Wells Fargo?Wells Fargo

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Hi does anyone on here work for Accenture, Deloitte or really a company that is diverse and has a good work life balance that can help with referrals ? Ive had a career break for while and now looking to get back in the work force, in meantime been doing some freelance graphic design and marketing. Any advice or recommendations would be greatly appreciated.

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Additional Posts in SALT - State and Local Tax

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.

Any big four hiring for indirect tax ?

When a consolidated unitary group acquires a TX Corp, does TX follow Sec. 382 and Sec. 383 and apply a limitation on the utilization of the acquired entity's TX R&D credits following the acquisition?

My work office is in philly but i wfh in delaware. Why im i paying for both state taxes as well as philly tax. Is that right or do i need to make some adjustments. Im at PwC currently.

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Looking for a referral to SALT opening with public accounting firms. Please let me know the organization you can help with. Thank you!

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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 calculating the NJ distributive share of income, you apply Gross Income Tax (personal income tax) rules, which is 3 factor and includes COP.

If I end up with 0% apportionment under GIT and 10% apportionment under CBT (withholding tax), the partnership pays tax upfront but NRs get 100% refund?

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Hey Salt peeps. I’m curious what kinds of practices you specialize in and how long you’ve been doing it? Would you specialize in something different in tax if you could turn back the clock?

helpfullike

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.

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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. That's the only IRA account I own. Do I need to open a traditional IRA and roll over 6k + realized gains into that account and keep the Roth IRA. So confused how this works and got conflicting information from Merrill.

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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?

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I am not from the US and taxes overwhelm me; the first few years I did them with TurboTax and it was fine but then I entered a domestic partnership and had a baby. I also bought a house (that I don’t live in), so I went to H&R Block to give it a try assuming they could advise me on optimizing my return, it seemed that they are completely transactional as the person is just typing numbers in a form. Any recommendations on how to navigate personal taxes with an actual advisor?

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Hey - Might be moving from Florida to Illinois. Is there any way I can avoid changing residency and IL income tax? Realistically, will I be audited?

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Anyone works at KPMG MN office in the SALT practice and can let me know how it is?

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

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Anyone have recommendations for sales tax CPE > 7 hours?

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Hey Team

I'm on a H1B so I am supposed to pay Medicare and SS taxes, but my employer has not withheld anything- my hnr block advisor caught that but she just completed my returns assuming I don't have to pay those taxes

What is the right protocol in this case? Do I owe SS and fica taxes?

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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 full-time employee?

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I am on H1-B visa, open to relocate and looking for State & Local Tax (Income/Franchise) Experienced Senior/Manager opportunity. Which companies are currently hiring visa candidates? Appreciate the responses, thank you!

likehelpful

Anyone looking for a senior SALT position , would be in our south florida practice. West Palm Beach, Fort Lauderdale or Miami office

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