What’s the best route to becoming a better preparer and eventually moving into a tax management position? Just got a nice raise with my CPA license and it seems I’m in tax for the long haul now. Any recommended books I should read to help me keep moving up?

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Just make sure you continue to have a pulse.

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I can’t recommend a MST enough. Lots of people call it a scam, but it propelled my tax career light years ahead of my peers. I started as an associate right after I finished my CPA. It sucked working full time and being in school but was 100% worth it. I did DePaul in Chicago, believe they have an online version of it as well.

Other than that, the career is an apprentice style grind. The more returns you work on and see the more you’ll learn. Technical knowledge is important but understanding how the compliance actually works, the forms, schedules, etc… are all just as important. You can brute force the knowledge by working crazy stupid hours but you’ll almost certainly burn out (I did this).

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Not sure what firm you’re with, but I suspect you have access to resources like BNA portfolios and treatises. I’d pick a few of those that are relevant to your area of tax and start reading. When I was a staff I picked up an international tax treatise and read it everyday for an hour during my lunch break. Eventually got through the thing. Did I remember everything? Of course not, but it introduces you to new concepts and areas of the code so that you can be more prepared when you come across those issues. I always tell my staff that no one is innately born with tax knowledge. It’s all learned. So keep reading. At the end of the day, we sell our knowledge, so being a good technician is table stakes for being a good manager.

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Experience experience experience

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In my opinion what pushes people toward management+roles isn’t their technical skill set, it’s how well they work with staff and clients. Being able to explain things without using jargon to clients definitely gives you an advantage. Not sure if that will be in a book though. I recommend attending as many client meetings as possible to “take notes” and observe.

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