What are the major differences between being a tax associate at a firm vs big four? Currently a state tax court clerk deciding what to apply to for next year.

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

The work at a big 4 will vary significantly depending on what group and office you go to. I’m a JD in SALT at a big 4 and will use as an example. Some offices are strictly compliance and do returns and lawyers will be forced to do it too. Other bigger offices will have a variety of work, ranging from controversy, consulting (think memos on apportionment, nexus studies, sales tax taxability, etc.), and M&A. Outside of the very biggest offices, they probably won’t have every type of service (they might have controversy but not consulting). I do M&A, which has a team that functions across offices at my firm, but it can be relatively hard to get into if your boss wants you for compliance (I’m lucky I’ve never come close to touching compliance but that’s not always typical). So you’ll have to go somewhere that is looking specifically for an attorney and has the type of work you want to do. Many big 4s will want this because it’s in demand but make sure you ask questions about the work they envision.

Law firms will vary too, but having a friend in SALT at a biglaw firm, the work is more litigation based controversy work generally and/or reviewing contracts for tax implications for her. She ends up doing a lot of property tax controversies (not a fan).

Pay will be different too depending on what size law firm you’re talking about. I can answer any specific questions on big 4 if you have them.

like

Have worked in Big4 SALT M&A and agree completely with SA's comments. City/region will make a big difference. What city or region are you considering?

Related Posts

How do you ask someone to mentor you?

like

Hi
Currently I'm staying in Amanora Park Town.
Can anyone please give me contacts for good dance class around?

like

any pega training leads

Any tennis players in Chicago willing to play/parter weekly? I used to play competitively in college but been out of touch for years. Want to get back to my fav sport!

likeuplifting

Looking for a Database Manager role. Are there any level B/7 roles available for NCR region?

like

Hello fishes, is it a red flag when I'm the ONLY one on my team who's happy with the management, meaning my boss and my boss's boss? Other than the two bosses, we have 6.

like

Does anyone else try flipping on stockx? I got into it unintentionally when WFH started with my first purchase of a pair of Nike reacts (I didn't like them enough to wear them). Haven't gone too crazy, but bought and sold 3 pairs since March and profited about $200 after tax and commissions. Am I just getting lucky or is it this easy to make a profit?

like

Hi Fishes,
How long does it take to release offer letter from HSBC. I already have given HR round and submitted documents for background verification.

like

Salary for PwC Revenue Cycle SA? 4.5 years experience, CPA?

likehelpful

Hello guys
Please help me get 11 likes.

likeupliftinghelpfulsmartfunny

Hey all! Curious your thoughts. All else equal, roughly how much does the average couple spend in retirement per year? Trying to figure out how much cash we’d need saved assuming we retire at 60. Thanks!!

like

How is the CoRE research services team?

like

International financial advisor. I’d like to do a hypothetical proposal for client. My go to has always been JPMorgan. They now can’t do it. Anyone else?

like

What do you find frustrating in job search? And what platforms do you usually use to find jobs? Doing a research on that :)

like

Hello. Everyone.

Due to family and other personal reasons. I am actively looking forward to join a Corporate to perform all such activities and roles as it is required from a Company Secretary. I have 5 yrs Post Qualification Experience.

This is an urgent requirement and request my readers to connect me with someone in known.

Here is my resume attached.

Thanks.
Nikhil Arora

like

She’s a real bugger...

Post Photo
like
like

Hi everyone,
Need help reg TCS BGC process.
Now I have only 2 days to accept the offer, not yet accepted.
My queries are 1) my 1st exp original services letter is not found ( lost somewhere), have scanned copy , I have supporting doc like form no 16 , full and final settlement , salary slip
2) i don't have a relieving letter from one of the org as they only provided an exp letter, in the same company.
HR is asking for all ex employee bank statement, my first company bank account is 12 yearold

like

Will companies know that you got laid off if they do a background check?

like

What is the best path for discovering senior roles in consulting firms? I notice that most don't actively recruit for the Managing Director/high level positions. Is that because there is no job or because you need to come with something special? How do you get the attention of firm recruiters for high level positions to have a discussion about best fit?

like

Additional Posts in Tax Law

Any insight into STB’s tax group?

like

Anyone here practice SALT? How does it differ from what “regular” tax associates do?

like

Has anyone had their Tax LLM paid for by the federal government? Or any thoughts on how to reduce the sticker price of a Tax LLM from NYU or Georgetown?

like

Any T&E associates in here who I could talk to? I’m a transactional tax associate at a v5 firm doing M&A and capital markets work and hating it. I’m a 4th year with an LLM and a clerkship and I think I regret not pursuing T&E or private wealth.

like

In your opinion, which biglaw firms have the best tax groups?

like

Has anyone dealt with stuffing allocation in a non-hedge fund context? It seems even in the HF world the law is fuzzy in using aggregate reverse 704c principles in stuffing allocations. Like, sure, the market is there but no authority really blessed it (other than some Cravath partner’s article in Tax Notes in 2013). If we are talking asset class that isn’t really like marketable securities but might be able to treat it similarly solely by virtue of, say, valuation on a quarterly basis (contd)

like

Are there any search firms that specialize in placing tax associates?

like

Transitioning from biglaw to IRS Chief Counsel?

Hi all, has anyone here transitioned to Chief Counsel from biglaw? What was your experience like? When did you transition? Any tips or general comments?

Current jr. associate. Love tax, not loving biglaw. Have an llm. Looking to transition in the next few years (or earlier if possible).

Thanks for any help.

like

Any insight on whether IRS Chief Counsel is open to (or considering being open to) remote attorneys? I’ve seen SEC and other agencies willing to hire fully remote lawyers.

likehelpful
like

Hi everyone - I am looking for a new role and would appreciate your support. Thank you in advance for any connections, advice, or opportunities you can offer.

like

Hi Tax Friends. Seeking some advice. I will give more context in the comments, but big picture I am a non-tax litigator interested in switching to tax. The question is: (1) pursue LLM; (2) take tax job now; (3) just treat tax as a hobby?

like

What is the best firm in NY for an associate interested in international tax planning (inbound and outbound), M&A, and transfer pricing?

likehelpful

Junior biglaw tax associate here. Considering an internal transfer vs lateral to NYC from a smaller market. Any firms in the v20 I should avoid/look into? I have pretty reasonable hours at my current firm and trying to avoid going to a sweatshop. Interested in international tax and hoping to avoid m&a. Firms I’m considering: Latham, Gibson, Sidley, Goodwin, Milbank. Thank you all!

like

For anyone who practices tax lit in the US Tax Court, what’s your experience with the independent office of appeals? They don’t seem quite that “independent” to me and so far, I’ve only had one appeals officer who seemed knowledgeable and nice. It’s been a real headache. Interested to hear other people’s experience.

like

Has anybody worked at the IRS LB&I Division? What was your path there? What was the work like? Would you recommend?

like

Transitioning from com. lit into tax controversy?

I have a tax LLM and started my career out of law school doing M&A tax at a big4. After 9 months, I got out of big4 transactional hell and into whatever litigation I could find. I now practice commercial lit but would welcome the opportunity to eventually transition into tax controversy (which I wasn’t able to do before). Does my commercial litigation “break” hurt my prospect? How long can I stay in com lit without hurting my chances even more?

like

Other than general tax and estate planning, what are some practice areas can a Tax LL.M. be beneficial in? I’ve heard it can help you in M&A, but I’m curious if anyone has additional thoughts

like

Has anyone made the jump from the tax group of an AmLaw 100 firm to a Big 4 tax group? I have questions.

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