I feel like tax is the other road of the other road.
But something I think I would enjoy immensely: always wanted some analysis (legal type) and just love the corporate structure.
I have just been accepted and starting my M.S. in Acct this coming Fall. Plans on getting tax internship next summer hopefully Big 4.
My question really is this:
1. Do you need a JD to end up in the upper ranks of Tax specifically on the Partner track?
2. Is there more competition for partner track since the hours are AS bad as audit. Heard from a manager that even busy season is only 60-65 hours a week in Tax?
I can chime in; did a big 4 internship in tax.
No, I don't know any tax partners with a JD, but I'm sure it wouldn't hurt. They do all have a CPA though, its becoming mandatory to attain partnership at some big 4's (I guess you didn't need it back in the day).
Hours in tax, like audit, vary depending on the team you work on. Specialty teams like state and local tax teams, work year round pretty bad hours. However, some groups have large gaps in between tax seasons and you may have times where you literally do nothing for months (heard stories about leaving at noon to play a round of golf). Tax exit opps are worst than audit, primarily because tax is more specialized and you are expected to move to another company's tax team. Busy season varies again, but I've worked in the 70+ range and my team was pretty laxed. If you have anymore Qs you can def PM me
JD is risky and seems to be a dime a dozen IMO
Thanks guys.
Of course a JD wouldn't be directly after undergrad cause I agree they're a dime a dozen.
I'm just trying to get an idea of whether Tax seems like an obtainable ad worthwhile goal. Versus just trying to get into Audit. I honestly think I would prefer Tax because of the more legal leaning it has.
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