Im having trouble transitioning to S1. It’s taking me hours to review a return. Is this normal? Im working the weekend but everyone is offline.

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

yes, practice makes perfect

like

Really depends on your background and whether or not they’ve given you any guidelines on how to review a return and how long it should take you. It also depends on deadlines. If you have one return to review in a non peak time, you can take more time with it than having 20 returns to review with a filing deadline in two weeks.

I don’t think there’s anything wrong with taking a while to do a thorough review, but I also came from a background where we would take 12 weeks or so to review a set of state returns. In public accounting, you may take those 12 weeks and cut it down to 12 hours (or less) to review the exact same returns. So it really depends on what expectations are set and what deadlines you have to meet

like

Agree with cr1. Depends on state deadlines and also deadlines promised to clients. Sometimes i would fly through reviewing 30 state corporate or partnership returns in like 8 hrs or less

like

Thanks for all your replies, I want to detail review to make a good impression so makes sense that it’s taking a long time

Yeah. Detail review would be more time consuming. At manager level i dont detail review unless there is a specific concern

like

You’ll get better and quicker over time. Most important is that you’re working with your associate on whatever you’re reviewing that needs to be fixed. It’ll help them learn and you’ll get stronger by teaching

When it takes you hours to review a return, do you feel like you are going in a logical fashion/reviewing in the best way possible?

It is completely appropriate for you to reach out to a more experienced senior that seems to be highly respected or a manager and say “hey can you walk me through how you review? I just feel like I’m taking a long time!” They should know that you’re trying to learn and be helpful

Related Posts

Is anyone able to give me the Marriott Family or/and friends discount paper? 🤗

Hi All,

Just saw this upload documents option which was not there before. The consultancy through which I'm applying informed me that my HR round will be conducted tomorrow.

And I'm confused, is this the initial round or salary discussion round. I've already cleared my versant test but didn't receive any official email.
Pls help!!

Post Photo
like

Anyone in finance involved with Shareholder Advisory?

like

Hi all, for anyone who has experience with completely virtual shoots did you find that there was an added time or monetary component versus tradition photoshoot? I’m working on estimating a future project for my agency and curious how they compare

like

What are some ways you show employee appreciation?

like

Good day all!

I am interviewing for a FP&A Manager position in Proserv UK. Could you please disclose the initial salary that I could ask for?

Thank you in advance!

like

To work as a pediatric or NICU nurse as a new grad do you have to obtain all the certifications on your own or will the hospital provide/pay for it?

like
likeuplifting

any tips or pointers on the case study as apart of interview process?

like

Have you ever worked with a financial coach? Did you find it helpful?

like

9/22 Thread (General):

like

Due in 2 weeks with baby number two, husband just tested positive for Covid 😩 He’s been around me and our 2 year old the past 2 days, getting PCRs for me and my LO tomorrow. Freaking out is an understatement. We had our first in May 2020 and never thought we’d still be going through this 2 years later. Anyone know anyone whose delivered or had a c section with Covid? Looking for some encouragement everything will work out okay. This is crazily the first time we’ve had it!

like

Hello all! I was reached out by Publicis Sapient for their Technology Strategy Consulting team and by Capco. Does anyone know what's the work life balance/pay at both of these firms? I am currently at EY under tech consulting making 90K a year in NYC with 1.5 YOE Staff 2 but I do feel I am feeling a bit burnt out at EY. I was wondering if I should wait until I hit Senior then start recruiting with the Senior title or just start recruiting now. Thanks!

like

I'm moving back to blighty, want to be commutable to London. Need a family home, yard for dog, etc, where would you go if you could? Max £400k for a house, good schools. I used to live in the southeast but priced out and feeling overwhelmed with narrowing down. Thanks!

like

Follow up post to my last post…My husband was laid off from the company where I also work. I am feeling really isolated / depressed about working and moving forward. I’m also getting to a stage where I’m really sad that people haven’t reached out to either my husband or myself to send well wishes or provide support. It’s like they don’t know what to say or I make them feel awkward so they don’t bother…I’m trying to focus on a few that have been supportive but it’s hard…Any words of advice? 😞

like

is your company hiring currently ?

like

I have cleared 1st round of technical interview in Mphasis and was told next round will be managerial round any idea what kind of questions can be expected

like

Campervan or hostels/hotels with car in Iceland? Looking for advice. Planning a 5 day trip in September

like

What’s an MVA in relation to HCP work?

Hi all,

I joined TCS as assistant consultant C3A grade but my current CTC which TCS is giving is 12LPA. So, please guide me weather I am under pay or not for the above role. I am working on python django projects

like

Additional Posts in Tax Bowl

Starting at pwc soon, how does their cell phone plan work? Can pick any phone and any plan?

like

Any difference between Tax Consultant I and II at Deloitte ?

like

How much to expect for tax manager salary in Denver?

like

Deducting S Corp owner health insurance when they aren't really an employee? Owner doesn't do anything for the business anymore, but still wants the health insurance.

"Health and accident insurance premiums paid on behalf of a greater than 2-percent S corporation shareholder-employee are deductible by the S corporation and reportable as wages on the shareholder-employee’s Form W-2, subject to income tax withholding."

like

What are the expected billable hours/revenue/analytical requirements for staff at your firm?

like

Went from a big firm to work for a smaller firm. The people in the smaller firm are protective of their work and are good by their work too. I no longer feel chaos or stress. I am treated with respect and my schedule is more normal. I am even working more billable hours than before, but it feels like a seamless experience. I don’t work then past 5pm or anything out of the ordinary for this time of the year. I am so grateful!

likeuplifting

Read two things on Tax News today: Section 199A update, and the Supreme Court ruled that wages received by injured railroad workers is taxable. Does anyone else feel like our work is immoral?

like

A senior manager at my firm recently quit and left to be a partner at another firm. How does that work exactly? He didn’t have much of a book of business.

like

How does one find direction in what they want to do in life? I don’t find my job as a tax manager fulfilling and my busy time conflicts with some of my favorite hobbies, skiing and snowmobiling. I find it hard to determine my next step because I’m all about relationships, love my clients and am a sales/big picture thinker, so naturally industry doesn’t interest me. I’ve been super lost for a few years and think I need to act on my unhappiness and get out while I’m young. Any advice?

like

M1 Salary base for Dallas, TX?

like

Are any of you right brained and ENFP? Do you struggle with this profession?

funnylike

I work at a b4, I got a job offer from amidsize Promotion and going from 120-140. Should I take it? It would be a new start, and they mentioned less hours. The only issue I am thinking about is not having July and December weeks off. Otherwise the benefits are the same.

like

Just did my first research to form my own opinion / interpretation and sent to the Partner for consideration and review. I hope I didn’t miss the mark lol

like

Does anyone work a compressed/ 4 day schedule? Any tips on making it work? Are there things you didn’t expect that you wish you had known about? How did you set boundaries?

like

How do you face so much data without getting any anxiety or stress to finish within budget? 1st year associate. Only been working for three months.

like

Interested in applying for the SAP Tax Senior role @Deloitte. Essentially have 4 years background in Tax and would like to shift to a more technology related role. Thoughts on whether Deloitte would even entertain my background?

like

Anyone took CFP exam? How hard is it compared to CPA? And how many hours prep?thanks

like

Busy season dinner prep. Season and freeze chicken breast split into three (basically creating tenders). What food gets you through??

Post Photo
like

Those who switched from a regional firm to Big 4 as a tax senior 1, how was your experience? What were some key differences?

like

Any Cherry Bekaert tax folks? How is the culture?

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