Thursday, February 09, 2012

How to become Tax attorney

by Addyj672


A tax attorney is the attorney that helps taxpayers while they are in trouble with make them through an audit, legal claim on property, etc., reduce their fines, and he can also give positive advices for future investment and taxation.

They can provide help in different ways; that may be planning of taxation or solution of taxation. He also advises clients understanding the taxation laws, filing of tax returns, making of legal documents.

How to become tax attorney / education
A tax attorney needs to complete a four-year bachelor degree program; it can be of any discipline, but if it is bachelor of Science in Business Administration (BSBA) in Accounting, then it will give extensive knowledge on how to keep accounting records, analyze financial data and communication with the finance team.
Upon completing bachelor degree, Master of law in taxation (LL.M) degree, which takes a minimum of three years, is the Core Education Needed for Becoming Law Attorney. There are areas of specializations during LL.M are estate planning, general business taxation, financial services and international taxation.

To become a tax attorney, the first professional degree which is given to law school gradates is Juris Doctor or often referred to as an attorney at law. It should have very good communication skills; either they are spoken or written, aptitude for analysis, logical thinking, and research.

Final step is licensing for it; attorney has already passed bar examination, have college degree, and graduate from a law school. Law school must be accredited by the American bar association. After passing exam from bar council, which is administered by National Conference of Bar examiners, license is given to an attorney for practice within the specific state. Passing scores bar exam is generally between 75-80% under American board of certification (ABC).

Job description of tax attorney
The job descriptions of tax attorney can include the following:
• Most important JD is negotiating with authorities, such as IRS, revenue department and all other authorities dealing with tax problems and avoids any problem for tax payers.
• can create unorthodox ways to create custom plans for the unique situation for clients or taxpayers to avoid problems.
• A tax attorney should be a JD (Juris Doctor or Attorney at law) as well as being a Certified Public Accountant or having some educational background in finance and accounting.
• Excellent communication skills and negotiating ability, because he will interact with different officials at corporate tax department, senior financial either at law firm, state office, internal revenue service, public accounting related firms.
• Maintain tax and records information for the business confidentiality.
• filling of all tax records and keep up to date deadlines for tax-related issues.
• can handle risk assessment, handle evaluation and counseling on complicated tax problems.

Salary / Compensation
According to salary experts, the average annual salary of a tax attorney is $100,000 during early quarter of 2011. Salary can also vary from location, and experience count.

About the Author

Tax Attorney, Tax Lawyer!!! Tax Resolution Professional is an independent tax law firm. TRP is NOT a referral service. All submissions are 100% CONFIDENTIAL

Labels:

How to become Tax attorney

0 comments