Realistic exit opportunities from big 4 tax? I’m looking to get into finance at some point but can’t afford to take a pay cut at the moment.

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

There are several potential exit opportunities for individuals with experience in Big 4 tax. Some common options include:

Corporate Tax: Many large corporations have in-house tax departments that require tax professionals with expertise in compliance, planning, and strategy. Corporate tax roles can offer competitive salaries and benefits, as well as opportunities for career advancement.

Private Equity or Hedge Funds: Private equity and hedge funds often require tax expertise for structuring deals, managing investments, and complying with tax laws. These roles can offer attractive compensation packages and the opportunity to work with high-profile clients and complex financial transactions.

Investment Banking: Investment banks often require tax expertise for structuring deals and analyzing the tax implications of financial transactions. Tax professionals with a strong understanding of financial statements and valuation can be particularly valuable in these roles.

Wealth Management: Wealth management firms require tax expertise for advising high-net-worth clients on tax planning and compliance. These roles can offer competitive salaries and opportunities for professional development and growth.

likehelpful

Great write up! Wish this response could get pinned for the others that have been asking about tax exit opps.

Could you transfer to industry in a tax-related role and then eventually try to do an internal transfer to a finance-related role?

like

This is exactly what I did. Especially since I had no finance experience prior. Not a fast way but also the best way to not take a pay cut

like

Transfer into valuations within your firm.

funny

Current level?

Senior

More tax at another firm or company

Go for an entry level financial analyst role

Related Posts

Question for some of the senior partners on this bowl: do you mind sharing what does the the top end of partner comp look like? Is it like 2-3M annually? And how many years it took you to get there after becoming partner?

like

What do the exit ops from Capital One BA roles look like? Especially wrt PM roles in big tech.

like

I am trying to land a role as a human resources business partner and I'm wondering which certification would be the best for me going forward. Phr? Shrm? Thoughts? Thanks!

like

Anyone here who left fed job and regretted it?

likehelpfulfunny

What is the average salary for 9+ years experience at C1 at Capgemini?

like

How much in hand salary in Capgemini at 16 lpa

like

Thoughts about going back and forth between agency and in-house? Is it a good/bad idea? Is it even possible?

like

The Gender Wage GAAP

Did an analysis on
big4transparency.com data regarding gender pay equity and was surprised by the differences I saw. Analysis was done using US firm data with just over 6,000 data points used. It shows gender pay equity is still very much an issue in accounting

Post Photo
like

Equifax What is the salary bracket for 6 years experience candidate at Equifax in Atlanta and also St Louis?

likefunny

I work as a marketing consultant and I love my job. It’s the career for me and I want to advance my career and climb the ladder. What are some of the typical positions that are pursued after a marketing consultant role? What are some pointers that you can give to someone who wants to advance their career? What are some things that I can do now to prepare me for that next role?

like

Interested in eventually exiting into wellness tech.... what are the best consulting firms to start at?

like

What is a good salary range for a Principal UX Designer with 15+ years of experience working in either Finance, Tech or Media industry in NYC?

like

Is there anyone who works currently or has worked for Travelers Insurance in Hartford CT? Looking for an idea on compensation, benefits and your opinion on the company. I’m interviewing for the Operations Manager role

like

I'm receiving an offer this week for a role as an integrations delivery manager. Does anyone have salary insight around a role such as this?
I honestly have no idea what I might be offered, hence my post, because there's too many variances posted online. I have cross experience in my role now, and have been with the company 7 years now. Just a different business unit and position title I'm unfamiliar with

like

Considering joining a small 50-person company as the only attorney (prior attorney is retiring). (I am currently in-house at a F50). For others who have done the same path, what surprises did you have when moving from a large company to a small one?

For example, it sounds like I should not expect a document management system, based on a prior post in this bowl. I’m guessing expenses like state bar fees and cell phone are not reimbursed.

Any advice on things to expect (or not expect)?

like

Hi Fishes,

I Have cleared frist round and now I have hr round what package should I ask??


YOE 6.1
CTC 11

like

To the post below- it is quiet, so I’ll bite!
Does anyone know about associate compensation at the regional Atlantic Canada firms? The the big ones have all been posting job ads for associates in the 3-5 year range. Any insight on salary and billable targets?

Let's talk sign on bonus...

More Posts

Strategists, do you have a portfolio? What info do you include? Would campaign results and insights be off limits because it’s considered confidential info? 🤔

like

Well I learned my lesson. Never work with Wells Fargo. Any good banks I should switch to?

like

How do you find in-house positions?

like

Is BNY strictly following hybrid model currently? How many days in a week or month are compulsory to WFO.? Asking i I will be a new joinee in few days

like
like

I am so sick and fed up with some of the older clients at my job. I know it's my responsibility to take care of them, but they're just so sexist sometimes.

like

Insight into Jones Day L&E practice?

like

Anyone know of a sort of speeddating site for London creatives looking for a partner? Kinda sick of seeing most job alerts going up as "looking for creative team".

like

VMware k stocks ko konsi bawaseer hui h bhai?

likefunny

Inebriated thought...What if rhinos are simply unicorns that let themselves go?

likefunny

Lower middle market bros. What’a your comp structure? I will share:
100k$ + 60k$ discretionary bonus

like

Hi, anyone here working in Lululemon Bangalore?

like

Hey Guys,

Just got off a call with Counselor. Got Differentiating with Progression to Senior 2
Is there any hike for Progression and how much will be the VPB

SL: Tech Consulting

TIA

like

Any rough estimates on current rfe timelines? Regular processing at Vermont Service Center. RFE response was filed March 18. Want to try to get a sense of when to expect a decision.

like

Any company file GC on day 1 in NYC or NJ area or east coast. Maxing out in feb 2022 and on bench nothing is started. What I can do ? Please suggest. Skill set AWS/ DevOps/ Infra.

like

I 130 bona fide marriage - got married to a US citizen last weekend. What do submit in 130 to prove bona fide marriage? We met during corona and didn’t travel anywhere.. also didn’t take pics as we were not thinking about immigration stuff.. open a joint account??

like

Tax question: my SM changed my hours with a location I never worked at, from 2020. When I asked for a change, he is hesitant since it’s a long process. Would it cause any issue on visa if I filed a tax to a state I never worked in?

like

Hi guys, need 11 likes to unlock dm.
Thanks in advance😊

like
like

Who uses Oracle and why do people like it? I’ve seen mostly Workday and SAP so curious why people still choose Oracle HCM

Additional Posts in Accounting

Any ACCA students register for an exam using the new website? No combo of dates or locations ever works under 'Add Exam'.

like

Does your coach see when you get a real time recognition award?

like

For GT&E purposes, can you have days lower than 8 hours if others, within the same week, are over 8 and the total for week is 40? Or would you have to spread evenly

like

Apple Watch or Fitbit? Does anyone have both? If you have both, do you use the Apple Watch as a regular watch and the Fitbit for working out? Just curious to see what people think. Thanks!

like

Hey can anyone shed light on the Technical Accounting Consulting group at RSM compared to Big 4 (EY FAAS) with regards to work life balance / middle market client demands / flexibility?

likehelpful

Why are people now treating e-mail as instant messaging? I work with several people that for some reason expect all emails to be answered within minutes of being received…. I can understand the sense of urgency around some high-priority, time-sensitive matters… but everything does not fall into that category… it drives me crazy.

like

Any insight on what to expect for an A&M interview? Case study? (Investigation & forensics)

like

common staff one mistakes?

like

Good bar spots around 345 park (KPMG) lol

like

Highest number of billable hours you have seen in a year?

like

At what point do you folks just give up on working through an excel problem? I swear I could have saved time adding everything individually, but it would be a blow to my excel ego.

like

Don't look for your happiness in a job or a career. You will always be chasing it. What makes you happy?

like

Will I have time to ski during busy season? I’m out of the Denver office.

funnylike

That fine moment when the partner on an engagement doesn't know what the client's business does or how many reports we have to issue (and he has to sign). Good thing filing got pushed back.

like

Does everyone get promoted to Senior, assuming they don't get below a 3 rating and overall solid reviews from all engagement teams?

like

Went into PA for job stability & good money. Now I realize my job'll eventually be automated & I could have made so much more starting as an engineer without working these long hours. Life's a bitch.

like

When traveling for the week, does EY strongly adhere to the no expensing lunch policy or is more of a keeping the amount per day under a threshold?

like

Me as associate: can't wait to be senior and give most work to staff! Me as senior, with no staff: can't wait to be manager and give most work to seniors! Me as manager: READY FOR DISAPPOINTMENT

likefunnyuplifting

I was assigned a task that would take 6 hours, I did it in 3 including self review. What now?

like

Would PwC reimburse me if I study for my CFE and it is not required for my current job?

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