Is it a bad idea to try to get into PCS tax since a lot will be automated down the line for individuals ?

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

PCS is much more than preparing 1040’s. It is providing services for the whole private enterprise (ie, from the business to the owner). I’m involved with multiple entities that have over a $1B in revenue. PCS allows you to have a deeper understanding of how the individual makes his money. There are some clients with 80 partnership returns, 30 trusts, 1 foundation, but only 1 individual return. Don’t think anyone will be able to automate all of that.

like

If you have any questions, throw them out here. Not sure if you saw Kate’s email, but the PCS practice is one of the practices the firm is putting significant resources into. Maybe I’m biased, but not a bad service line to go into.

like

(Posted comment below)

like

If your end goal is to be an advisor for the wealthy then yes, you should join the EY PCS tax team ASAP. It will take time to get to the point where you provide your clients “wisdom” and not just compliance services

like

I’m a senior in the group FYI. If it helps, in the new “west” region lol

Appreciate the insight EY 1! That’s all really good to know. I’m not a typical accounting background (finance major currently in IT Audit) so I need to get my CPA, but I want to gain PCS tax experience and someday down the line be a wealth advisor for HNWI/UHNWI. Do you believe it would be beneficial to get the EY PCS Tax experience early on in my career EY1?

I still need accounting credit hours to sit for the CPA, so before going down this long road I want to be sure it’s a good option for me

Related Posts

Is it just me or is strength training the hip new workout for weight loss? Before this people recommended HIIT and before that it was cardio. What makes us so sure that this time strength training really is gonna be the key and it’s not just another trend?

likefunny

“Circumcision makes your dick look like it’s wearing a tailored suit. Circumcised is James Bond. Uncircumcised is James Out-On-Bond"

likefunny

Are there any additional deductions from the first salary of new hires?

like

There would be less blue states if we counted less 🤣

Post Photo
likefunny

Is this an active bowl..Or have the 30s fishes turned 40s already?

funnylike

I’m trying to get a job as a pharmacist at bcbs. Anyone ever worked there or have experience there? Any tips on how I could make my resume stand out for them?

like

I am a Management Information Systems grad student from University of Memphis, with a cumulative experience of 5 years ( 2years - Quality Data Analyst, 3years - Human Resource Co-Ordinator). I'm looking out for Summer Intern'22 in and around companies in Memphis and Nashville, specifically looking for recommendations for applied positions in FedEx. Any leads will be graciously appreciated.

like

Hi Fishes,

How much in-hand salary I can expect after deduction. Could anyone please guide me.


Thanks

Post Photo
like

Does AFS provide a company phone?

When is KGS mandatorily asking people to be back in office? Any communication?

like

Hello!

I'm about to start a new job with my main account being a big beer brand.
I want to study and prepare as much as I can before it starts, and influence myself as much stuff as possible... Both from advertising and outside of it.

Can you please share your tips and recommendations?
Specially Art Direction focused - I really want to arrive and be prepared to perform to the best level possible.

Thank you!!

like

This made me chuckle.

Post Photo
funnylikesmart

How often do you respond to emails from law students who want to learn about your firm/practice area? I get like a dozen requests right around OCI every year. Frankly I’m tired of speaking to them and answering the same boring questions, especially if I know they have a low GPA and no chance of summering at my firm, but I do feel bad saying no/ignoring them

like

Hello Fish Friends! Does a PhD count as project management experience?

like

Hi everyone,

I'm going for a role for Account Director and have gone through the interviews with the head of accounts, BD as well as the ECD's. I received the following email at the end of the day:

"You are one of two candidates in the final round.

One thing we haven’t spoken about are your salary expectations. Could you have a think and let me know early next week as well as your employment status (residency permit)."

What would be the best way to answer this response? Appreciate the help

like

Are there any recruiters who are currently actively looking to fill roles within start-up like companies? I have a background in accounting/compliance and was wondering if there were any start up companies within open roles in that space. Additionally, I’m also looking to connect with recruiters who are looking to fulfill account/compliance roles in general. Okay please reach out if you can help me get visibility with your clients. Thank you!

like

TCS or Barclays which company good for Experienced Automation Test Engineer which company should I join?

Does studying for top consulting firms’ case interviews help in any way for interviews with other firms (e.g., FAANG case interviews) ?

like

Hi all, what are the process or steps of onboarding after successfully uploading all the required documents on tydy ?

like

Do EY India give diwali bonus or any gifts on diwali.

like

Additional Posts in Accounting

Are other big4 firms getting mid year raises right now?

likefunny

Best platform to learn about investing? Whether it’s stocks & bonds, real estate, etc.

like

Is there an RPA bowl or a Blue Prism bowl? Couldn’t find it when searching but not sure if the app is just acting up

like

Anyone have the Jabra headphones? Are they worth it to purchase with the firm discount or wait until we get them for free?

like

Alvarez & Marsal Any A&M recruiters out there? Alvarez & Marsal

like

TRACK is hard to use!!! It is so messy.

like

Has anyone ever actually seen/had to cover up something sketchy on an audit?

like

How do you pick your fights with management during promotion year for scheduling?

like

Does anybody work with a smoker? Seriously NOBODY rips cigs in this industry. Just seems weird that, in my 7 years, I’ve never worked with a smoker

likehelpfulfunny

My girlfriend thinks Big 4 is a pyramid scheme and they're breaking the law.

likefunny

Two offers: (1) big 4 technical accounting in financial services and (2) technical accounting for a well-known PE firm helping their portfolio companies. Same compensation and benefits. Advice please!

like

What is the expected number of hours (which includes overtime, admin, etc.) we are supposed to reach each year?

like

does booking sick date or vacation impact utilization?

like

Had an intern ask me today : “do you believe you’re adding value by what you do in audit?”

Damn....

likefunny

I am sure it’s been asked 100 times but humor me please. Best office chair to add to the good I’m doing with a stand up desk? Lol.

Would love to stay in a reasonable range if possible (800 max)

likefunny

Been here several years. Only just clicked to me how predatory Big 4 are.

Business model is to use cheap, underpaid labor from college grads who can't go elsewhere or pay debts. Churn em and burn em.

likefunnyupliftingsmart

I recently sign a lease. The apartment will put my security deposit into an interest-bearing account and requires me to fill out a form W9. I will join EY this June and just wondering if this is ok in terms of the independence rule. I guess the apartment will put my deposit in some sort of funds. Anyone with EY has experience? Reading the independence brochure, looks like it does not specify something related to this scenario but just wanted to confirm . TIA!

like

Has anybody passed their CPA but still has their Becker login? Help a brotha out please?

like

How many of you’ll stranded and delayed across both airports thanks to the DL5450 flight from Charlotte to LGA?

like

how does the work culture in industry compare to public accounting?

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

Scan your QR code to download
Fishbowl app on your mobile

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