How do you improve your tax technical skills? I’m trying to climb the ladder faster but feel like I don’t have enough technical skills. What do you do to help you improve the skills to get to manager level? Any suggestions will be greatly appreciated.

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Read, study, ask questions. If you want to climb faster you need to put in the extra work outside of normal business hours.

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Oh I’m sure someone will disagree with me on this but a ms in tax will get you there - you ll be well rounded professional

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This doesn’t hurt.

Totally agree with this - it should be your goal to understand everything you’re doing, not just following SALY.

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Maybe unpopular opinion but best way to improve your technical skills would be to ask to work on large complex engagements, also work on all aspects on the tax return and work more than your peers - this is the part that is not fun. Read up on the different types of entities and also do a lot of technical reading outside of work. Not sure what firm you are at but at PM until you make manager and even 1 year or 2 after you make manager you are expected to work on all aspects of the return. I asked to work on large complex engagements and worked on every aspect of the return (FED, ITS, SALT) instead of just working on FED and having others prep ITS and SALT. My office leaders and other offices saw my work product and that got me promoted to manager in 4.5 years instead of the usual 5.5/6 years. Every compass meeting, advisory team meeting and discussions with industry leaders I have I get constantly told that my technical skills are above my peers and that my technical skills are that of a senior tax manager. I would be vocal to your advisory team and partners you work with that you want to grow your technical skills and that you want to see complex items on returns etc and you should get some good opportunities and that will help improve your technical skills.

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Nobody is inherently smarter than you; they’ve just encountered more situations and scenarios in their journey. Never compare your knowledge to someone of a higher rank. That doesn’t mean you shouldn’t strive to be as good as them, or even better. A smarter approach is to benchmark them and aim to reach similar standards in the same timeframe, or even sooner. You can achieve this by involving yourself in more work, as there is no substitute for hard work. Think smart and do the hard and unconventional work. Collaborate with people who will invest in you; this often requires a mix of luck and perseverance. Always remember, you grow when you help those around and below you grow.

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Here's one suggestion ask the copilot on Google about any question that you may have it's AI base and it will answer all the questions you may have. My suggestion is to learn something different everyday I really don't know what career path you're following whether it is just accounts payable accounts receivable or general accounting, understanding the corporate letter for each company is different. GL

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