Considering the total activity of a corporate tax department, it is not hard to understand that there is a perennial debate as to whether this is a financial or legal function. At the entry level, much of the work is involved in the preparation of the more than 500 tax returns that must be filed to meet federal, state and local tax requirements. In addition, reports are prepared for taxes on income, sales, use, property, capital stock franchises, payroll, license fees, etc., plus keeping records of all these returns and reports for reference. In large corporations, the amounts involved can easily be $100,000,000 or more.
There are lots of ways that you can be sure you are able to get the right types of jobs for your needs. When you are working in various types of jobs, or in business, you want to be sure that you are able to start a good career that will hopefully end up with you on the best path for your needs. Therefore, when you are looking at a career as a tax attorney, something that you are going to have to be sure of is that you are able to start the career in the right place, and end up in the best place for you as well.
This article talks about the role of tax attorneys and when you should actually be paying them to be by your side. In these difficult economic times one needs to know when to hire a tax attorney and when a tax accountant. There are different types of taxes a citizen must pay. There are also unique laws and cases for each type of tax and it takes an expert to help the US taxpayer settle with the different government agencies or the courts.