Is becoming a tax lawyer a good choice?
Monday, September 21st, 2009 at
1:22 pm
I am majoring in accounting and plan on getting a CPA. buy viagra on line I am also contemplating law school. If i used both degrees i imagine i would use it to become a tax lawyer. I am curious to know what is the need for tax Generic pharmacy lawyers and is there many out there. Also what should i expect to make?
A CPA/Lawyer is useful for estate planning. If the old rules come back in play ($1 million cutoff), more people will want to do it again.
A CPA/Lawyer is useful in the corporate arena. Small businesses routinely hire one or the other, but not both. The lawyer routinely tells them to set up an LLC or S-corp, the CPA tells them they shouldn’t have. By getting someone who understands the legal implications as well as the tax implications, they might be able to figure out what is best for them.
The tax attorney I worked for a few years ago was charging $250 per hour. If you can, apply to take the Special Enrollment Exam to become an Enrolled Agent (like me.) That way you can represent taxpayers the same as a CPA or attorney before you finish law school or get the required experience for taking the CPA exam and look better to any potential employer. As an EA, you can represent clients anywhere in the country while you are limited to the states where your license is if you are a CPA or attorney.