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Anyone knows how to get reinvent tickets?
It's the "loves this" for me
Need some urgent help can anyone DM me, Please
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Anyone recently received a tax manager offer from EY ? I’m going through final interviews and want to see what your experience was like (negotiation process, initial offer higher/lower than expected?, did you give them a salary expectation range? How long did it take from final interview to offer etc) TIA!PwC EY KPMG Deloitte
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SALT AWM or SALT ITS? AWM learn the salt functions of TRACK. ITS then learn the Fed to state adjustments that are common for the industry you are going into. I would get comfortable with how apportionment is calculated. Research the differences between state withholding and composite withholding. Tbh salt is significantly less technical than Fed, but the difficultly/complexity comes from there being unique forms for every state. Don’t skimp when you are first assigned a new form. Read every word on the forms, make sure you understand what it is asking, and read the instructions for anything you are unclear about. Each form is unique but they are all trying to do the same thing for the most part, but it will take time for you to see the similarities. The more effort you put on the first few will save you later when you don’t have the same amount of time to learn. If you are going to be doing partnerships get familiar with forms from the states that a partners residency triggers a filing that have high penalties for not filing: CA, PA, NY are good places to start even though PA is a bitch.
Oh dear oh dear oh dear.. the PA partnership return is just everyone's favorite
I've been in SALT for 25+ years and love it. To answer your question about what you should do, here's what I recommend. First, start reading a few state tax SCOTUS cases -- Quill, Wayfair, Complete Auto Transit, Mobil. Just google them with Supreme Court and you'll find them. Second, pull the state tax forms of the states where you will practice in. Read the instructions and become familiar with their quirks. If you don't know what states, start with CA, NY, IL, TX. Finally, become familiar with your firm's research resources. If you haven't done any Checkpoint searches in the past, learn how to use Checkpoint's state tax research. Also, see if your firm has (or if you can find) resources to indicate which states conform with TCJA and CARES Act. That should get you started.
EY3, forgive me, what’s TTR stand for? I agree with you that CCH’s endless layout of windows within windows is garbage.
I’d quit my job over being moved to SALT
Curious why everyone is saying that SALT is the worst?
I think people are hating on gro I ps that are just mass sweatshops woth little skill - like salt fs
If you were in SALT enough you probably have a good idea of fed tax. You’ll be fine.
What level are you? No one goes into SALT knowing anything about it. I’m a SALT manager and we don’t expect new people to know shit about it.
Edit: it’s very important to make connections with other practice groups in your region and all of the SALT partners/directors you can. The work can come in waves so you want to have as many pipelines as you can.
I’m a first year senior. It’s technically a rotation I’ve been assigned to and I’m actually looking forward to it but I just want to make the most of the rotation ya know? So looking for any insights as to how to learn what I need to the quickest and adapt fast.
Salt fs is so bad that I would even choose to be a kpmg partner over being a salt staff - yea its that bad
Why did you want to switch ?
Don’t do it. SALT is a trap
@ TS1 1:14 of this video https://youtu.be/Asf3Q85MS1U
Soooo none of this is helping haha
Don’t Go to salt
Worst busy season, most compliance work, least amount of exit opportunities of any tax group, learn the least amount of tax knowledge that you can use at other jobs
Lollllll everyone here is losing their mind over salt. OP I’m in SALT and I chose to go into salt. Compliance does suck, and it does suck when you’re second to last on the totem pole when you’re talking about compliance. Aside from what was previously mentioned, a lot of what you’ll have to know and think about is nexus, and whether a state conforms to the federal, and what to do if it doesn’t, and understanding a state return and how it flows from schedule to schedule (you’ll have to consult the state instructions on this one), and CCH/BNA charts will be helpful for a lot of that. Consulting as previously mentioned is where the fun is, and that doesn’t typically happen until after compliance season ends.
Thanks for the thoughts! I appreciate it.
Anyone have any thoughts on how you can stand out in SALT as a first year senior when you’re just doing a rotation? I’m worried I won’t get Hogg marks on snapshots because I’m on rotation and know minimal??
Check out the salt matrices on tax source - the cares act one in particular is being updated almost daily to reflect the latest guidance for each state
*good*