How long does it take typically to prepare and file a corporate tax return for a midsized company? Given that you didn't prepare the quarterly and year end provision. when do you get wps?

like
Posting as :
works at
You are currently posting as works at

Anywhere from 20-150 hours? It’s impossible to do anything but wildly guess without knowing the project

like

You're a senior, you should have an idea of what the job entails

likehelpful

Completely depends. If we did the audit and have their workpapers and only have to ask for supporting information it goes much faster. Is it a new client? Do you have to do their depreciation? How many m-adjustments they have and their complexity plays a huge role as well. It can be anywhere from 40-100 hours depending on the above.

Your best bet is to try and pull the time spent on it last year to see when it was worked on and how many hours were spent on it (provided it isn't a new client). If the team is largely unchanged, estimate fewer hours due to familiarity and efficiency. If it's a whole new team, add 25% to those hours.

helpfullike

Related Posts

How is CITCO as an organization?

@Recent Home Buyers: Did you use a loan broker to find a competitive interest rate with a relatively smaller lender versus going to a traditional big bank?

like

When applying to roles in the USA, how do you typically respond to "Are you eligible to work in the US?" if you need TN status as a Canadian citizen?

If you answer "No" are you automatically declining your application?

likesmart

Estimate of how much time and how much money a production company/director spends on a director’s treatment for a triple bid?

like

Has anyone gotten vintage furniture refinished and have recommendations for where to go?

Is anyone in ESG Consulting? I’m going into Audit at B4 next year but was reached out to by some people in ESG at a different office location about possibly switching. Nothing is even remotely official but I want to learn more about the area, position, salary, etc. before speaking to them so we can have a better conversation.

Q:

What will I be doing
Is CPA vital
What would the actual job position be called/what could i search to find job descript
Does this position travel
Starting salaries

like

Anyone here a Client Onboarding Associate for an RIA? We have YE reviews coming up soon. I’m pretty sure I am a shoe in for a promotion, but in case I don’t get it (god-forbid), what is the going salary for this position? I would definitely ask for a raise and a merit bass bonus, so I want to gauge what you all think a good salary is for this role. Any thoughts? Oh! I am also based in NYC.

like

I started my first account job in Feb. As a junior account person, do you think I would be hindering my growth if I decide to stay remote? Right now, my team is split across BOS and NY, but I can’t wrap my head around the cost of living in those cities. I’m not opposed to being in those cities for the job opportunities, but I just don’t think I could afford to do so. And truthfully, I don’t know if I want to.

like

How many days before joining date onboarding team contact for onboarding.

like

Hi Guys. I have a second round interview with the Director of Marketing and an IT Business Analyst. This is for a web designer position. Already answered all basic interview questions in the first round. What can I expect?

Will not having an advanced degree limit career trajectory in industry, specifically working at a biopharma? Does it differ by large vs. emerging biopharma?

like

Hey fishes.,
Anyone knows about denodo (Product based MNC, chennai)?

like

Is EB1 processing for multinational manager closed?

like

Hi Everyone!

I am an 8+ year Internal Communications Manager and Project Management experience looking to pivot into this role inside a tech, fintech or media company/organization. If anyone is willing to refer or send me remote opportunities, I would love that. Thank you!

like

Anyone wfh from a state not licensed to practice in such as barred in California but work remote in jersey? What’s your experience been like? Difficulty finding work?

like

Anyone at EY know the best medical plan if I’m basically just using it for prep

like

Trying to gauge community knowledge.

Heart- what is the merge?
Hand- Ive heard of the merge is but don’t know timeline or what it really means
Lightbulb- I know exactly what the merge is, expected timeline, etc
Laugh face- I think the merge will reduce gas fees
Star- I like stars/don’t wanna do your poll

smartlike

What is proper airplane seat reclining etiquette? In my mind, it's made to recline for a reason, but I see a lot of people complain about it online. I'm flying to Europe from NYC in a couple of weeks and I'm nervous about how uncomfortable I'll be if I don't recline.

like

Has anyone had experience with follicle size discrepancy? I’m trying to freeze my eggs; on day 8/9 ultrasound they counted 4 follicles larger than 11mm, two of which are already mature, 16.7mm and 18.9mm. They also said I have another 5+ in each ovary that are smaller than 11mm. The phone call with the doctor was pretty grim (he basically said we might need to cancel the cycle as 4 follicles is too few for elective freezing). Can the smaller ones maybe catch up? Anyone with a similar experience?

like

Thoughts on Rolex Oyster?

Additional Posts in Tax Bowl

Anyone got or heard about rewards excellence program

like

Any one know the salary range for M&A tax first year manager (CPA) in Atlanta?

like

Looks like so many tax compliance folks are trying to get into International Tax, M&A tax, Accounting Advisory, or Tax Technology. Are these areas really more prestigious and more fun, or the trend will be gone in a few years? Thoughts?

like

I am a person that puts in 12-13 hours M-F just to avoid working the weekend. I always feel this impulsive need to go and check who’s working weekends though and when I see most of the people online, I feel like I’m not doing enough. I’m a pretty High performing senior but I’ve been feeling like this for a while now.

like

Tax structuring role at an asset manager /hedge fund that mostly does real estate and distressed assets - thoughts on moving from tax M&A to this sort of role ?

like

Tax Senior Managers, if you are not sure you want to be a partner at PA, for what base salary in industry would you leave now?

like

PwC
How should I initiate the internal transfer from AWM to ITP (P&S) considering the fact that my current team is in need of seniors? Both my RL and Coach are in the awm, will they be not willing to help (or the team ends up kicking me out of PwC)?
Also, I am not sure whether there is headcount in the ITP group. I heard that they are not busy at all, so I wonder whether they need people.

like

Any advice on joining M&A tax groups? Current experience is (mainly Fed) compliance related. Do big 4 take outside hires or should I get my foot in the door first and transfer depts?

Fed up with the UK firm - US any better ? Working regular 11 hour days in GES busy season, getting paid £40k a year at consultant - what y’all call senior in the US. Things better in the Us? Would love to sit on a beach in Florida and work for the GES team in California. This possible ?!

likefunny

I got a feedback this year from someone I respected very much that I try to take short cut in research. Is it something I have to work on? I always thought I was smart because I know a lot of smart people and ask them before I research myself. If it’s something I absolutely need to work on, please give me advice. Thanks.

like

Is it possible to transition from a specialty planning / M&A tax role to a less specialized Tax Director role within industry? Or do you get stuck in the specialty role for the entire career?

like

How are firms in LCOL or MCOL competing with firms in HCOL that are offering 1st year tax seniors with 2-3 years experience $100k+ and the ability to work remote?!

like

Mulling over offer to move to a PE firm, significant pay increase and promise of growth potential. Is it worth it? Partner track at PA vs. eventual partner track to MD/Partner at a hedge fund/PE shop?

like

Anyone else thought that IRS would announce an extension of the tax deadline today?

like

Will busy season ever end?

like

How hard it is to pivot from domestic compliance to international tax? Background- I have an opportunity to do foreign tax provision for a MNC but I only have domestic provision experiences… This is a great company but I don’t know if it is worth it to make this transition, especially considering that I have a young kid.

like

What are some good opportunities for someone with a tax background outside of Public Accounting

like

I am curious how Onesource Income tax stacks up against it's competition.

About to join EY FSO GDS group
What does the group actually work on?
FoF Partnerships?
Is there a scope for work life balance?
In terms of hours, how bad is the busy season?
Any insights will be appreciated, thanks!

like

How would it hit you if a partner left the firm to go on their own? Any good suggestions on how to deliver the message to the team in a positive way? There are no options for people to go to work for partner, at least not immediately.

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Send download link to your phone

OR

Scan your QR code to download
Fishbowl app on your mobile

By continuing you agree to Terms of Use and Privacy Policy.

Messaging rates may apply

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal