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Difference between a tax lawyer and an accountant

What's the difference? Why go through three extra years of s...
abnormal dilemma
  09/07/07
accountant's can't represent clients in court
Comical Bespoke Site
  09/07/07
One has a longer jew nose.
flatulent concupiscible nowag church
  09/07/07
Ding! http://www.starkman.com/taxcourt/taxcourt.html
Fishy Garrison Private Investor
  09/07/07
rofl http://www.starkman.com/about.html
flatulent concupiscible nowag church
  09/07/07
a few hundred thousand. hth.
crusty spectacular location
  09/07/07
According to my accounting friends who went back for jd, the...
Clear Soul-stirring Mexican Lodge
  09/07/07
this is the absolute right answer. accounting work sucks do...
flatulent concupiscible nowag church
  09/07/07
Can you be more specific? How is the quality of tax work muc...
abnormal dilemma
  09/07/07
These questions are too stupid to respond to. Also, TTT tax ...
flatulent concupiscible nowag church
  09/07/07
tax accounting = compliance tax law = trying to think up ne...
mentally impaired newt
  09/07/07
not true. see kpmg.
Disgusting Exhilarant Market Milk
  09/07/07
Before you do anything new whatsoever in tax you need an opi...
mentally impaired newt
  09/07/07
also KPMG has a ton of tax lawyers provide opinions.
flatulent concupiscible nowag church
  09/07/07
Not true
Fishy Garrison Private Investor
  09/07/07
yeah, you only need a firm's opinion if you're trying to CYA...
flatulent concupiscible nowag church
  09/07/07
Accounting firms can offer opinions that can be relied on.
Fishy Garrison Private Investor
  09/07/07
What would you know about this stuff? You work at a toilet E...
flatulent concupiscible nowag church
  09/07/07
You mean a biglaw firm? Yes. And EB is 75% tax.
Fishy Garrison Private Investor
  09/07/07
best tax firm in DC?
Clear Soul-stirring Mexican Lodge
  09/07/07
We definitely have the best benefits practice.
Fishy Garrison Private Investor
  09/07/07
...
Clear Soul-stirring Mexican Lodge
  09/07/07
FYI I was asking what you thought the best tax firm was, not...
Clear Soul-stirring Mexican Lodge
  09/07/07
Edit: I see. misread the post. Best tax firm for what type...
Fishy Garrison Private Investor
  09/07/07
Deal structuring/corporate shit.
Clear Soul-stirring Mexican Lodge
  09/07/07
Possibly McKee.
Fishy Garrison Private Investor
  09/07/07
whats the word on their DC workload/hours? I heard its pret...
Clear Soul-stirring Mexican Lodge
  09/07/07
I've heard conflicting reports. Originally, I heard that th...
Fishy Garrison Private Investor
  09/07/07
k tx. Do they give market bonuses?
Clear Soul-stirring Mexican Lodge
  09/07/07
I'm pretty sure they do (although not 100%). They also boas...
Fishy Garrison Private Investor
  09/07/07
rofl. I won't name your firm, but will laugh at your horribl...
flatulent concupiscible nowag church
  09/07/07
You're not in biglaw you douchebag. I know where you work. E...
flatulent concupiscible nowag church
  09/07/07
rough, but basically correct.
flatulent concupiscible nowag church
  09/07/07
Also-tax controversy work, which is litigation that can be i...
Clear Soul-stirring Mexican Lodge
  09/07/07
tax litigation can be great because the government only work...
mentally impaired newt
  09/07/07
it's the least interesting litigation in the world. what wou...
flatulent concupiscible nowag church
  09/07/07
obviously better stories from the mob case, but more interes...
Clear Soul-stirring Mexican Lodge
  09/07/07
how is it more interesting? you've clearly never done actual...
flatulent concupiscible nowag church
  09/07/07
I don't know what physics has to do with anything. Are you ...
Clear Soul-stirring Mexican Lodge
  09/07/07
Do you not know how to read?
flatulent concupiscible nowag church
  09/07/07
I was under the impression that physics IS interesting...So ...
Clear Soul-stirring Mexican Lodge
  09/07/07
How are the Career Opportunities Better with a JD?
supple indirect expression
  09/07/07
He means a good JD, you dumbass. Toilet tax LLMs work at acc...
flatulent concupiscible nowag church
  09/07/07
That's a big caveat right there...
supple indirect expression
  09/07/07
If you have a shit accounting degree you're not going to wor...
mentally impaired newt
  09/07/07
True, but there aren't just 14-20 schools around that will...
supple indirect expression
  09/07/07
H&R block lol
flatulent concupiscible nowag church
  09/07/07
Tax lawyers start at 130k more than tax accountants
mentally impaired newt
  09/07/07
Do these tax lawyers have to be graduates of top law schools...
supple indirect expression
  09/07/07
no, all the typical caveats apply as when talking about big ...
mentally impaired newt
  09/07/07
Yes, but my point still stands though."Decent school"...
supple indirect expression
  09/07/07
so dont go to law school if you cant get into a good one. Th...
mentally impaired newt
  09/07/07
Outside of XO, you'd be surprised...
supple indirect expression
  09/07/07
that's true, but I still tend to think that people who go to...
mentally impaired newt
  09/07/07
Can you elaborate on the qol at Big 4s?
supple indirect expression
  09/07/07
My uncle was a partner at a big 4, in audit. The atmosphere ...
mentally impaired newt
  09/07/07
Good post. It's like the 99c store of tax work. High volume,...
flatulent concupiscible nowag church
  09/07/07
That sucks, I'm considering becoming an accountant...
supple indirect expression
  09/07/07
I dont think it's a horrible profession or anything, but it'...
mentally impaired newt
  09/07/07
Tax lawyers are guys who are good with numbers but didn't ha...
judgmental gaming laptop
  09/07/07
personality is enough to make up for the boring ass nature o...
Clear Soul-stirring Mexican Lodge
  09/07/07
Accountants are Supposed to Have Personality???
supple indirect expression
  09/07/07
exactly. I have met some PWC doods who were pretty fun, but...
Clear Soul-stirring Mexican Lodge
  09/07/07
They may be fun but is personality an important criterion...
supple indirect expression
  09/07/07
PWC does, from what I understand. Like the latham of big 4s...
Clear Soul-stirring Mexican Lodge
  09/07/07
PWC pays about 95 to new LLMs, guess what Latham pays?
flatulent concupiscible nowag church
  09/07/07
Basically PWC doods were working until 8 to 10 every night d...
Clear Soul-stirring Mexican Lodge
  09/07/07
omg raped. that sucks so bad.
flatulent concupiscible nowag church
  09/07/07
why'd you edit out dood? that was helpful info.
flatulent concupiscible nowag church
  09/07/07
fixed
Clear Soul-stirring Mexican Lodge
  09/07/07
the market for lawyers is hot as hell right now. Big firms n...
mentally impaired newt
  09/07/07
You're an idiot. Firms are talking layoffs. Tax is the small...
flatulent concupiscible nowag church
  09/07/07
thats new york. you guys are just too close to investment ba...
mentally impaired newt
  09/07/07
good points I guess
flatulent concupiscible nowag church
  09/07/07
Market for lawyers hot as hell right now?! Even if that were...
supple indirect expression
  09/07/07
Yea, dont go to law school if you cant get into a good one. ...
mentally impaired newt
  09/07/07
I agree but graduates of top 5-10 schools are always...
supple indirect expression
  09/07/07
It's an old joke, you fucking moron. Your sense of humor te...
flatulent concupiscible nowag church
  09/07/07
it's only 2 extra years since the CPA requires 5 years of sc...
mentally impaired newt
  09/07/07
no one ansewered the op's original question Heres an exam...
Fuchsia Stimulating Multi-billionaire Address
  09/07/07
even having to get an llm is ridiculous if you come from a g...
mentally impaired newt
  09/07/07
most tax lawyers do eventually go back and get an llm (wheth...
Fuchsia Stimulating Multi-billionaire Address
  09/07/07
thats not true at all. maybe a third of tax partners at top ...
mentally impaired newt
  09/07/07
most people i talk to about it say you really want the llm i...
Fuchsia Stimulating Multi-billionaire Address
  09/07/07
just go to skadden.com and bring up a list of partners in ta...
mentally impaired newt
  09/07/07
If you're paying for your LLM you shoudl killself. If you...
flatulent concupiscible nowag church
  09/07/07
if you're paying for a llm to get you a much better job then...
Fuchsia Stimulating Multi-billionaire Address
  09/07/07
Thanks for confirming your TTT-ness. You really need to STFU...
flatulent concupiscible nowag church
  09/07/07
the ones like you who have no idea what they're talking abou...
Fuchsia Stimulating Multi-billionaire Address
  09/07/07
So why couldn't your biglaw firm pay for your LLM? Oh yeah, ...
flatulent concupiscible nowag church
  09/07/07
most of the tax courses you take at an llm (a good llm anywa...
Fuchsia Stimulating Multi-billionaire Address
  09/07/07
I'm guessing you attend a TTT LLM program. Am I right?
flatulent concupiscible nowag church
  09/07/07
nope, you are not. xo's got a real problem with morons lik...
Fuchsia Stimulating Multi-billionaire Address
  09/07/07
Paying for your own toilet LLM and a big4/EB troll. You must...
flatulent concupiscible nowag church
  09/07/07
Dude I went to a top tax llm school for my jd and I took a f...
mentally impaired newt
  09/07/07
How did you find the tax courses at the school? Not like com...
Fuchsia Stimulating Multi-billionaire Address
  09/07/07
I dont practice tax. the classes I took were related to my p...
mentally impaired newt
  09/07/07
Oh yeah, and while we're on the subejct. The tax court thing...
Fuchsia Stimulating Multi-billionaire Address
  09/07/07
"do pay 6 figures" starting big4 salaries are ...
flatulent concupiscible nowag church
  09/07/07
actually dont have either job yet. Int and M&a tax group...
Fuchsia Stimulating Multi-billionaire Address
  09/07/07
"Alot of international tax (which really, is the cooles...
flatulent concupiscible nowag church
  09/07/07
you're the same idiot who has no iea what eb is. You're also...
Fuchsia Stimulating Multi-billionaire Address
  09/07/07
STFU you TTT LLM, paying for it yourself, piece of shit. ...
flatulent concupiscible nowag church
  09/07/07
again, those people dont include you
Fuchsia Stimulating Multi-billionaire Address
  09/07/07
*watches you write a check to your school's bursars, laughs*...
flatulent concupiscible nowag church
  09/07/07
you changing your handle around to look cooler there nerd?
Fuchsia Stimulating Multi-billionaire Address
  09/07/07
It's a community account, you stupid idiot. Now STFU. You ca...
flatulent concupiscible nowag church
  09/07/07
no ones asking you to care. i just dont like idiots who have...
Fuchsia Stimulating Multi-billionaire Address
  09/07/07
I've asked a tax atty about this before. The #1 difference ...
Disrespectful startled whorehouse legend
  09/07/07
http://en.wikipedia.org/wiki/Accountant-client_privilege
tantric kitty
  09/07/07


Poast new message in this thread



Reply

Date: September 7th, 2007 11:17 AM
Author: abnormal dilemma

What's the difference? Why go through three extra years of schooling to come out doing what you could have done with an accounting degree and a CPA? Honest question.

(https://xoxohth.com/thread.php?thread_id=682850&forum_id=2#8610538)



Reply

Date: September 7th, 2007 11:19 AM
Author: Comical Bespoke Site

accountant's can't represent clients in court

(https://xoxohth.com/thread.php?thread_id=682850&forum_id=2#8610544)



Reply

Date: September 7th, 2007 11:23 AM
Author: flatulent concupiscible nowag church

One has a longer jew nose.

(https://xoxohth.com/thread.php?thread_id=682850&forum_id=2#8610561)



Reply

Date: September 7th, 2007 1:35 PM
Author: Fishy Garrison Private Investor

Ding! http://www.starkman.com/taxcourt/taxcourt.html

(https://xoxohth.com/thread.php?thread_id=682850&forum_id=2#8610863)



Reply

Date: September 7th, 2007 1:37 PM
Author: flatulent concupiscible nowag church

rofl http://www.starkman.com/about.html

(https://xoxohth.com/thread.php?thread_id=682850&forum_id=2#8610872)



Reply

Date: September 7th, 2007 11:22 AM
Author: crusty spectacular location

a few hundred thousand. hth.

(https://xoxohth.com/thread.php?thread_id=682850&forum_id=2#8610559)



Reply

Date: September 7th, 2007 11:42 AM
Author: Clear Soul-stirring Mexican Lodge

According to my accounting friends who went back for jd, the quality of tax law work is much higher then many accounting areas. Better pay and better career opportunities.

(https://xoxohth.com/thread.php?thread_id=682850&forum_id=2#8610599)



Reply

Date: September 7th, 2007 11:43 AM
Author: flatulent concupiscible nowag church

this is the absolute right answer. accounting work sucks donkey balls and pays shit

(https://xoxohth.com/thread.php?thread_id=682850&forum_id=2#8610604)



Reply

Date: September 7th, 2007 11:59 AM
Author: abnormal dilemma

Can you be more specific? How is the quality of tax work much higher? And when is the quality of tax work ever high?

I always hear people throw around terms like "quality of work" is more challenging or higher or what not, but nobody ever explains to me why certain legal work is of a higher quality than other legal work.

Are you saying that accountants don't do any type of planning and all they do is crunch numbers?!? Why does it seem like the tax shelters and stuff are usually devised by the accounting firms?

Better pay is a given... what about career opportunities? What do tax lawyers do after they burn out in biglaw? jump to the big 4?

(https://xoxohth.com/thread.php?thread_id=682850&forum_id=2#8610654)



Reply

Date: September 7th, 2007 1:21 PM
Author: flatulent concupiscible nowag church

These questions are too stupid to respond to. Also, TTT tax LLMS = glorified accountants, not Skadden tax partners.

(https://xoxohth.com/thread.php?thread_id=682850&forum_id=2#8610811)



Reply

Date: September 7th, 2007 1:24 PM
Author: mentally impaired newt

tax accounting = compliance

tax law = trying to think up new ways to avoid taxes

(https://xoxohth.com/thread.php?thread_id=682850&forum_id=2#8610818)



Reply

Date: September 7th, 2007 1:26 PM
Author: Disgusting Exhilarant Market Milk

not true. see kpmg.

(https://xoxohth.com/thread.php?thread_id=682850&forum_id=2#8610825)



Reply

Date: September 7th, 2007 1:28 PM
Author: mentally impaired newt

Before you do anything new whatsoever in tax you need an opinion of a big law firm saying that you can do it

(https://xoxohth.com/thread.php?thread_id=682850&forum_id=2#8610832)



Reply

Date: September 7th, 2007 1:29 PM
Author: flatulent concupiscible nowag church

also KPMG has a ton of tax lawyers provide opinions.

(https://xoxohth.com/thread.php?thread_id=682850&forum_id=2#8610838)



Reply

Date: September 7th, 2007 1:30 PM
Author: Fishy Garrison Private Investor

Not true

(https://xoxohth.com/thread.php?thread_id=682850&forum_id=2#8610842)



Reply

Date: September 7th, 2007 1:31 PM
Author: flatulent concupiscible nowag church

yeah, you only need a firm's opinion if you're trying to CYA on something you think is risky.

(https://xoxohth.com/thread.php?thread_id=682850&forum_id=2#8610844)



Reply

Date: September 7th, 2007 1:33 PM
Author: Fishy Garrison Private Investor

Accounting firms can offer opinions that can be relied on.

(https://xoxohth.com/thread.php?thread_id=682850&forum_id=2#8610849)



Reply

Date: September 7th, 2007 1:36 PM
Author: flatulent concupiscible nowag church

What would you know about this stuff? You work at a toilet EB shop.

(https://xoxohth.com/thread.php?thread_id=682850&forum_id=2#8610869)



Reply

Date: September 7th, 2007 1:37 PM
Author: Fishy Garrison Private Investor

You mean a biglaw firm? Yes. And EB is 75% tax.

(https://xoxohth.com/thread.php?thread_id=682850&forum_id=2#8610870)



Reply

Date: September 7th, 2007 1:38 PM
Author: Clear Soul-stirring Mexican Lodge

best tax firm in DC?

(https://xoxohth.com/thread.php?thread_id=682850&forum_id=2#8610875)



Reply

Date: September 7th, 2007 1:38 PM
Author: Fishy Garrison Private Investor

We definitely have the best benefits practice.

(https://xoxohth.com/thread.php?thread_id=682850&forum_id=2#8610882)



Reply

Date: September 7th, 2007 1:39 PM
Author: Clear Soul-stirring Mexican Lodge



(https://xoxohth.com/thread.php?thread_id=682850&forum_id=2#8610885)



Reply

Date: September 7th, 2007 1:39 PM
Author: Clear Soul-stirring Mexican Lodge

FYI I was asking what you thought the best tax firm was, not whether you worked there

(https://xoxohth.com/thread.php?thread_id=682850&forum_id=2#8610887)



Reply

Date: September 7th, 2007 1:40 PM
Author: Fishy Garrison Private Investor

Edit: I see. misread the post.

Best tax firm for what type of tax?

(https://xoxohth.com/thread.php?thread_id=682850&forum_id=2#8610891)



Reply

Date: September 7th, 2007 1:45 PM
Author: Clear Soul-stirring Mexican Lodge

Deal structuring/corporate shit.

(https://xoxohth.com/thread.php?thread_id=682850&forum_id=2#8610918)



Reply

Date: September 7th, 2007 1:47 PM
Author: Fishy Garrison Private Investor

Possibly McKee.

(https://xoxohth.com/thread.php?thread_id=682850&forum_id=2#8610924)



Reply

Date: September 7th, 2007 1:47 PM
Author: Clear Soul-stirring Mexican Lodge

whats the word on their DC workload/hours? I heard its pretty bad, even for tax

(https://xoxohth.com/thread.php?thread_id=682850&forum_id=2#8610928)



Reply

Date: September 7th, 2007 1:49 PM
Author: Fishy Garrison Private Investor

I've heard conflicting reports. Originally, I heard that the hours weren't that bad for McKee's DC office, but recently, I've heard that DC is becoming a lot more like their NYC sweatshop.

(https://xoxohth.com/thread.php?thread_id=682850&forum_id=2#8610940)



Reply

Date: September 7th, 2007 1:52 PM
Author: Clear Soul-stirring Mexican Lodge

k tx. Do they give market bonuses?

(https://xoxohth.com/thread.php?thread_id=682850&forum_id=2#8610951)



Reply

Date: September 7th, 2007 1:53 PM
Author: Fishy Garrison Private Investor

I'm pretty sure they do (although not 100%). They also boast that they pay above market salary. I don't know if that is still true after the bump to 160.

(https://xoxohth.com/thread.php?thread_id=682850&forum_id=2#8610960)



Reply

Date: September 7th, 2007 1:39 PM
Author: flatulent concupiscible nowag church

rofl. I won't name your firm, but will laugh at your horrible trolling.

(https://xoxohth.com/thread.php?thread_id=682850&forum_id=2#8610886)



Reply

Date: September 7th, 2007 1:39 PM
Author: flatulent concupiscible nowag church

You're not in biglaw you douchebag. I know where you work. EB is for losers.

(https://xoxohth.com/thread.php?thread_id=682850&forum_id=2#8610883)



Reply

Date: September 7th, 2007 1:27 PM
Author: flatulent concupiscible nowag church

rough, but basically correct.

(https://xoxohth.com/thread.php?thread_id=682850&forum_id=2#8610827)



Reply

Date: September 7th, 2007 1:27 PM
Author: Clear Soul-stirring Mexican Lodge

Also-tax controversy work, which is litigation that can be interesting. Dealing with the tax complications of a major deal is pretty intellectually stimulating, i suspect

(https://xoxohth.com/thread.php?thread_id=682850&forum_id=2#8610828)



Reply

Date: September 7th, 2007 1:29 PM
Author: mentally impaired newt

tax litigation can be great because the government only works 40 hours a week

(https://xoxohth.com/thread.php?thread_id=682850&forum_id=2#8610840)



Reply

Date: September 7th, 2007 1:30 PM
Author: flatulent concupiscible nowag church

it's the least interesting litigation in the world. what would you rather do, prosecute a mobster or prosecute a tax-reporting error?

(https://xoxohth.com/thread.php?thread_id=682850&forum_id=2#8610841)



Reply

Date: September 7th, 2007 1:39 PM
Author: Clear Soul-stirring Mexican Lodge

obviously better stories from the mob case, but more interesting legal questions from the tax case.

(https://xoxohth.com/thread.php?thread_id=682850&forum_id=2#8610884)



Reply

Date: September 7th, 2007 1:40 PM
Author: flatulent concupiscible nowag church

how is it more interesting? you've clearly never done actual tax work. tax work is less interesting than physics.

(https://xoxohth.com/thread.php?thread_id=682850&forum_id=2#8610890)



Reply

Date: September 7th, 2007 1:42 PM
Author: Clear Soul-stirring Mexican Lodge

I don't know what physics has to do with anything. Are you saying analyzing a tax transaction is less interesting from a legal perspective then a rico case?

(https://xoxohth.com/thread.php?thread_id=682850&forum_id=2#8610899)



Reply

Date: September 7th, 2007 1:48 PM
Author: flatulent concupiscible nowag church

Do you not know how to read?

(https://xoxohth.com/thread.php?thread_id=682850&forum_id=2#8610934)



Reply

Date: September 7th, 2007 1:53 PM
Author: Clear Soul-stirring Mexican Lodge

I was under the impression that physics IS interesting...So I wasn't sure what you were getting at. If you mean that physics is mind-numbingly boring, then well I understand. I enjoyed my physics courses....so who knows maybe I like boring shit.

(https://xoxohth.com/thread.php?thread_id=682850&forum_id=2#8610958)



Reply

Date: September 7th, 2007 1:18 PM
Author: supple indirect expression
Subject: How are the Career Opportunities Better with a JD?

Accounting is in demand right now whereas we churn out a surplus of JDs each year.

(https://xoxohth.com/thread.php?thread_id=682850&forum_id=2#8610803)



Reply

Date: September 7th, 2007 1:22 PM
Author: flatulent concupiscible nowag church

He means a good JD, you dumbass. Toilet tax LLMs work at accounting firms, as accountants.

(https://xoxohth.com/thread.php?thread_id=682850&forum_id=2#8610813)



Reply

Date: September 7th, 2007 1:24 PM
Author: supple indirect expression
Subject: That's a big caveat right there...

it's almost like saying the career opportunities are better in law than medicine...sure if you went to Yale Law.

(https://xoxohth.com/thread.php?thread_id=682850&forum_id=2#8610816)



Reply

Date: September 7th, 2007 1:25 PM
Author: mentally impaired newt

If you have a shit accounting degree you're not going to work for the Big 4 either. You're going to be a bookkeeper for your local suburban school district

(https://xoxohth.com/thread.php?thread_id=682850&forum_id=2#8610821)



Reply

Date: September 7th, 2007 1:28 PM
Author: supple indirect expression
Subject: True, but there aren't just 14-20 schools around that will...

allow you to get a job at a Big 4.

(https://xoxohth.com/thread.php?thread_id=682850&forum_id=2#8610831)



Reply

Date: September 7th, 2007 1:30 PM
Author: flatulent concupiscible nowag church

H&R block lol

(https://xoxohth.com/thread.php?thread_id=682850&forum_id=2#8610843)



Reply

Date: September 7th, 2007 1:23 PM
Author: mentally impaired newt

Tax lawyers start at 130k more than tax accountants

(https://xoxohth.com/thread.php?thread_id=682850&forum_id=2#8610814)



Reply

Date: September 7th, 2007 1:25 PM
Author: supple indirect expression
Subject: Do these tax lawyers have to be graduates of top law schools...

to make 130k more than accountants?

(https://xoxohth.com/thread.php?thread_id=682850&forum_id=2#8610823)



Reply

Date: September 7th, 2007 1:27 PM
Author: mentally impaired newt

no, all the typical caveats apply as when talking about big law firms.

as for accountants, you have to go to a decent school and have pretty good grades to get an offer with a big 4

(https://xoxohth.com/thread.php?thread_id=682850&forum_id=2#8610826)



Reply

Date: September 7th, 2007 1:39 PM
Author: supple indirect expression
Subject: Yes, but my point still stands though."Decent school"...

has a far far broader definition among the big 4 than it does vis a vis law schools and the most prestigious law firms.

(https://xoxohth.com/thread.php?thread_id=682850&forum_id=2#8610889)



Reply

Date: September 7th, 2007 1:42 PM
Author: mentally impaired newt

so dont go to law school if you cant get into a good one. This is news to people?

(https://xoxohth.com/thread.php?thread_id=682850&forum_id=2#8610901)



Reply

Date: September 7th, 2007 1:44 PM
Author: supple indirect expression
Subject: Outside of XO, you'd be surprised...

Also, I was merely trying to point out that accounting has that one advantage over law (i.e. you don't need to graduate from a highly ranked accounting program to land a job at a big 4).

(https://xoxohth.com/thread.php?thread_id=682850&forum_id=2#8610914)



Reply

Date: September 7th, 2007 1:59 PM
Author: mentally impaired newt

that's true, but I still tend to think that people who go to law school and end up at 80k/year jobs are still better off than big4 people. The qol at big4 is horrible, especially in audit and consulting, and those are the places with all the exit options. Plus, you can't stay if you aren't promoted, and that's no longer the case at most law firms.

(https://xoxohth.com/thread.php?thread_id=682850&forum_id=2#8610973)



Reply

Date: September 7th, 2007 2:05 PM
Author: supple indirect expression
Subject: Can you elaborate on the qol at Big 4s?

What have you heard?

(https://xoxohth.com/thread.php?thread_id=682850&forum_id=2#8610988)



Reply

Date: September 7th, 2007 2:15 PM
Author: mentally impaired newt

My uncle was a partner at a big 4, in audit. The atmosphere is work all the time, get drunk once in a while, see you family on occasion, and divorce your wife every 5 or 7 years. Many partners are on their third wives.

similar to a big law firm I'd imagine, except you have the up or out stuff coming at you every few years instead of just once. It's impossible to make partner, and it takes a minimum of 12 years. Maybe 1 person out of 50 makes manager, and 1 manager out of 5 makes partner. of course, the money is less at every level than a big law firm, including at partner, where the take home is around 600k now or something

(https://xoxohth.com/thread.php?thread_id=682850&forum_id=2#8611034)



Reply

Date: September 7th, 2007 2:37 PM
Author: flatulent concupiscible nowag church

Good post. It's like the 99c store of tax work. High volume, low quality.

(https://xoxohth.com/thread.php?thread_id=682850&forum_id=2#8611113)



Reply

Date: September 7th, 2007 2:40 PM
Author: supple indirect expression
Subject: That sucks, I'm considering becoming an accountant...

because:

1) It doesn't seem as prestige obsessed as law, and I would have a better chance of ending up at a top accounting firm than at a top law firm.

2) I want to ultimately become an entrepreneur and accounting will probably be more useful.

3) There seems to be more job security in accounting (for someone like me who doesn't stand a chance at a t10 law school). Oh yeah, the opportunities to work abroad seem far easier and broader in accounting than law.

(https://xoxohth.com/thread.php?thread_id=682850&forum_id=2#8611130)



Reply

Date: September 7th, 2007 2:49 PM
Author: mentally impaired newt

I dont think it's a horrible profession or anything, but it's not as cozy as law. Even if you dont make a top firm, if you do well at a decent local school you'll probably be making more than you would as an accountant.

most people do not last 3 years at a big 4. in tax there is a lot less travel but you don't build the network outside the firm that you do in audit or consulting. Auditors are constantly on the road and do the most trivial shit often. They are literally the people who go out to random distribution sites and open random boxes just to see if merchandise is really there.

(https://xoxohth.com/thread.php?thread_id=682850&forum_id=2#8611151)



Reply

Date: September 7th, 2007 1:21 PM
Author: judgmental gaming laptop

Tax lawyers are guys who are good with numbers but didn't have enough personality to be an accountant.

(https://xoxohth.com/thread.php?thread_id=682850&forum_id=2#8610810)



Reply

Date: September 7th, 2007 1:29 PM
Author: Clear Soul-stirring Mexican Lodge

personality is enough to make up for the boring ass nature of accountancy? maybe so.

Most of the tax lawyers i have met love their jobs. They constitute the small % of lawyers I have met who genuinely recommend their field to others. Tax law also provides an in/out door between the public policy/gov't industry, and private law firms and accountant firms.

(https://xoxohth.com/thread.php?thread_id=682850&forum_id=2#8610839)



Reply

Date: September 7th, 2007 1:34 PM
Author: supple indirect expression
Subject: Accountants are Supposed to Have Personality???

This is news to me.

(https://xoxohth.com/thread.php?thread_id=682850&forum_id=2#8610854)



Reply

Date: September 7th, 2007 1:36 PM
Author: Clear Soul-stirring Mexican Lodge

exactly. I have met some PWC doods who were pretty fun, but I don't think they liked their jobs so they seemed to be overcompensating

(https://xoxohth.com/thread.php?thread_id=682850&forum_id=2#8610867)



Reply

Date: September 7th, 2007 1:43 PM
Author: supple indirect expression
Subject: They may be fun but is personality an important criterion...

that the Big 4 looks for? I mean accountants don't exactly have a reputation for being fun and add the fact that there's a huge demand right now it seems the Big 4 doesn't have that luxury.

(https://xoxohth.com/thread.php?thread_id=682850&forum_id=2#8610904)



Reply

Date: September 7th, 2007 1:44 PM
Author: Clear Soul-stirring Mexican Lodge

PWC does, from what I understand. Like the latham of big 4s?

(https://xoxohth.com/thread.php?thread_id=682850&forum_id=2#8610913)



Reply

Date: September 7th, 2007 1:45 PM
Author: flatulent concupiscible nowag church

PWC pays about 95 to new LLMs, guess what Latham pays?



(https://xoxohth.com/thread.php?thread_id=682850&forum_id=2#8610919)



Reply

Date: September 7th, 2007 1:47 PM
Author: Clear Soul-stirring Mexican Lodge

Basically PWC doods were working until 8 to 10 every night during the week, and they had to work some weekends (but not that many). even 7 or 8 was considered an early night. The busy season was supposed to abate, but evidently busy season just kept right on going.

(https://xoxohth.com/thread.php?thread_id=682850&forum_id=2#8610925)



Reply

Date: September 7th, 2007 1:49 PM
Author: flatulent concupiscible nowag church

omg raped. that sucks so bad.

(https://xoxohth.com/thread.php?thread_id=682850&forum_id=2#8610937)



Reply

Date: September 7th, 2007 1:53 PM
Author: flatulent concupiscible nowag church

why'd you edit out dood? that was helpful info.

(https://xoxohth.com/thread.php?thread_id=682850&forum_id=2#8610959)



Reply

Date: September 7th, 2007 1:56 PM
Author: Clear Soul-stirring Mexican Lodge

fixed

(https://xoxohth.com/thread.php?thread_id=682850&forum_id=2#8610970)



Reply

Date: September 7th, 2007 1:46 PM
Author: mentally impaired newt

the market for lawyers is hot as hell right now. Big firms nationwide are going to add like 7000 more new associates, more than all the top 25 law schools combined

(https://xoxohth.com/thread.php?thread_id=682850&forum_id=2#8610921)



Reply

Date: September 7th, 2007 1:47 PM
Author: flatulent concupiscible nowag church

You're an idiot. Firms are talking layoffs. Tax is the smallest area in biglaw.

(https://xoxohth.com/thread.php?thread_id=682850&forum_id=2#8610927)



Reply

Date: September 7th, 2007 1:54 PM
Author: mentally impaired newt

thats new york. you guys are just too close to investment banks. the rest of the country is expanding, especially amlaw 100-200

as for the smallest area in biglaw, tax is larger than trusts and estates

(https://xoxohth.com/thread.php?thread_id=682850&forum_id=2#8610962)



Reply

Date: September 7th, 2007 1:56 PM
Author: flatulent concupiscible nowag church

good points I guess

(https://xoxohth.com/thread.php?thread_id=682850&forum_id=2#8610969)



Reply

Date: September 7th, 2007 1:53 PM
Author: supple indirect expression
Subject: Market for lawyers hot as hell right now?! Even if that were...

true, how many law schools outside the t25 do we have and how many graduates do all of these schools produce? I sincerely hope a naive law school bound college student doesn't run into this thread.

(https://xoxohth.com/thread.php?thread_id=682850&forum_id=2#8610956)



Reply

Date: September 7th, 2007 1:56 PM
Author: mentally impaired newt

Yea, dont go to law school if you cant get into a good one. But if you are in a top 5 school or 10 or whatever, it's pretty good right now, especially if you dont have a boner for new york

(https://xoxohth.com/thread.php?thread_id=682850&forum_id=2#8610968)



Reply

Date: September 7th, 2007 2:02 PM
Author: supple indirect expression
Subject: I agree but graduates of top 5-10 schools are always...

fine regardless of the market. If there are no jobs in law, they have many other options. A fairly average student with an accounting degree can still realistically have a shot at a Big 4 and have great exit options.

(https://xoxohth.com/thread.php?thread_id=682850&forum_id=2#8610980)



Reply

Date: September 7th, 2007 2:04 PM
Author: flatulent concupiscible nowag church

It's an old joke, you fucking moron. Your sense of humor tells me you're cut out for tax law, though.

(https://xoxohth.com/thread.php?thread_id=682850&forum_id=2#8610986)



Reply

Date: September 7th, 2007 1:22 PM
Author: mentally impaired newt

it's only 2 extra years since the CPA requires 5 years of schooling

(https://xoxohth.com/thread.php?thread_id=682850&forum_id=2#8610812)



Reply

Date: September 7th, 2007 1:37 PM
Author: Fuchsia Stimulating Multi-billionaire Address

no one ansewered the op's original question

Heres an example of the difference

lets say you are working with the estate tax. An accoutant will crunch all the numbers, do the balance sheets, etc. A tax lawyer will fight about whether a certain thing should be included in the gross estate or not (and all the nitpicking arguments about if you derived a benefit from the item in question, etc,etc)

Also, as for big 4 accounting firms doing tax shelters, thats because big 4 firms employ tax lawyers. In fact, the 2nd best rated tax law practice in nyc is deloitte (this first best is a v10 biglaw firm). These big 4 speiciality groups dont pay as much a biglaw but they do pay 6 figures. Also from what i hear, its not a rigid pay scale like a biglaw firm, you can negotiate at your interview for more money or fuck up and get less money. Ive also heard they are less grade focused then biglaw.

That 6 figure quote is for an LLM holder. If you go to an accoutning firm as a tax lawyer with just a jd, the range is like 60-80 (from what i have heard). However, they usually do pay for your LLM down the line, so that may be worth something.

XO's lack of knowledge on this stuff is sad

(https://xoxohth.com/thread.php?thread_id=682850&forum_id=2#8610874)



Reply

Date: September 7th, 2007 1:41 PM
Author: mentally impaired newt

even having to get an llm is ridiculous if you come from a good school. Some people with JDs come out with more tax classes than the LLMs

(https://xoxohth.com/thread.php?thread_id=682850&forum_id=2#8610892)



Reply

Date: September 7th, 2007 1:46 PM
Author: Fuchsia Stimulating Multi-billionaire Address

most tax lawyers do eventually go back and get an llm (whether they do it to get a job after graudating with no job and a bunch of tax classes or the firm they work for sends them back)

You learn a lot more in llm tax classes then you do in jd classes. A lot of the basic jd tax classes dont go into depth like an llm.



(https://xoxohth.com/thread.php?thread_id=682850&forum_id=2#8610922)



Reply

Date: September 7th, 2007 1:51 PM
Author: mentally impaired newt

thats not true at all. maybe a third of tax partners at top firms have an llm

(https://xoxohth.com/thread.php?thread_id=682850&forum_id=2#8610944)



Reply

Date: September 7th, 2007 2:03 PM
Author: Fuchsia Stimulating Multi-billionaire Address

most people i talk to about it say you really want the llm if you want to do tax law, you just learn so much more.

I wasnt aware of the biglaw tax partner thing, you sure about that?

(https://xoxohth.com/thread.php?thread_id=682850&forum_id=2#8610984)



Reply

Date: September 7th, 2007 2:07 PM
Author: mentally impaired newt

just go to skadden.com and bring up a list of partners in tax. other big firms are similar. people with good JDs dont get the tax llm that often.

it's definitely not a requirement or anything. anyway most of those tax courses you'd take during an llm are taught by adjunct faculty who work at a big firm. if you worked there, they'd just teach you the stuff themselves

(https://xoxohth.com/thread.php?thread_id=682850&forum_id=2#8610989)



Reply

Date: September 7th, 2007 2:09 PM
Author: flatulent concupiscible nowag church

If you're paying for your LLM you shoudl killself.

If your firm wants you to get an LLM, they'll tell you, and pay for it.

(https://xoxohth.com/thread.php?thread_id=682850&forum_id=2#8610996)



Reply

Date: September 7th, 2007 2:13 PM
Author: Fuchsia Stimulating Multi-billionaire Address

if you're paying for a llm to get you a much better job then its really not stupid at al

also whats your problem with eb practice? you dont know much about it if you didnt know that its 95% tax.

(https://xoxohth.com/thread.php?thread_id=682850&forum_id=2#8611013)



Reply

Date: September 7th, 2007 2:14 PM
Author: flatulent concupiscible nowag church

Thanks for confirming your TTT-ness. You really need to STFU and let the top school grads talk.

(https://xoxohth.com/thread.php?thread_id=682850&forum_id=2#8611020)



Reply

Date: September 7th, 2007 2:24 PM
Author: Fuchsia Stimulating Multi-billionaire Address

the ones like you who have no idea what they're talking about right? Yeah, we would be wayyyyy better of listening to you be like oh my god im a ridiculous nerd, i dont have any idea about taxlaw, lolllz, wgwag, ttt, stfu, etc etc

freakin nerds.

(https://xoxohth.com/thread.php?thread_id=682850&forum_id=2#8611073)



Reply

Date: September 7th, 2007 2:28 PM
Author: flatulent concupiscible nowag church

So why couldn't your biglaw firm pay for your LLM? Oh yeah, you don't work in biglaw.

(https://xoxohth.com/thread.php?thread_id=682850&forum_id=2#8611087)



Reply

Date: September 7th, 2007 2:10 PM
Author: Fuchsia Stimulating Multi-billionaire Address

most of the tax courses you take at an llm (a good llm anyway) are taught by top of the field people, not adjuncts

(https://xoxohth.com/thread.php?thread_id=682850&forum_id=2#8610999)



Reply

Date: September 7th, 2007 2:12 PM
Author: flatulent concupiscible nowag church

I'm guessing you attend a TTT LLM program. Am I right?

(https://xoxohth.com/thread.php?thread_id=682850&forum_id=2#8611004)



Reply

Date: September 7th, 2007 2:20 PM
Author: Fuchsia Stimulating Multi-billionaire Address

nope, you are not.

xo's got a real problem with morons like you ruining threads, you know? You dont know anything about anything on the subject, and you just shoot off your fool mouth.

Go learn what EB means and what big4 speciality groups actually do. Maybe try wiki. Maybe try wiki's sister site, wiki for fucking morons. I dont know. Then come back.

(https://xoxohth.com/thread.php?thread_id=682850&forum_id=2#8611058)



Reply

Date: September 7th, 2007 2:25 PM
Author: flatulent concupiscible nowag church

Paying for your own toilet LLM and a big4/EB troll. You must be flame. No one could be that TTT.

(https://xoxohth.com/thread.php?thread_id=682850&forum_id=2#8611076)



Reply

Date: September 7th, 2007 2:20 PM
Author: mentally impaired newt

Dude I went to a top tax llm school for my jd and I took a few courses advanced courses in tax back in the day. Almost all the ones that were not "Comparative Tax Policy" or some shit like that were taught by adjuncts. The adjuncts are the top of the field people, not the professors. You become a professor in tax law because you like tax policy and you don't like nitty gritty of practice.

(https://xoxohth.com/thread.php?thread_id=682850&forum_id=2#8611059)



Reply

Date: September 7th, 2007 2:22 PM
Author: Fuchsia Stimulating Multi-billionaire Address

How did you find the tax courses at the school? Not like comparative tax policy, but you know, international, biz org tax. Since im assuming you had the same professors that llm people would.

the problem with bad tax professors is that you just cant learn it from them, you have to go to the hornbooks, did you find with yours class was enough?

(https://xoxohth.com/thread.php?thread_id=682850&forum_id=2#8611069)



Reply

Date: September 7th, 2007 2:27 PM
Author: mentally impaired newt

I dont practice tax. the classes I took were related to my particular area of corporate that I wanted to go into.

the classes were not bad. adjuncts tend to lecture more I think but other than that there isn't a lot of generalizing that can be done. oh and they are easy graders.

(https://xoxohth.com/thread.php?thread_id=682850&forum_id=2#8611085)



Reply

Date: September 7th, 2007 1:42 PM
Author: Fuchsia Stimulating Multi-billionaire Address

Oh yeah, and while we're on the subejct. The tax court thing

That poster was totally right, non lawyers can represent people in tax court. An accountant need only fill out a form and take a test. Some say this was enacted for the benefit of the big 4's (So their people could go to tax court)

However, though a non jd can represent a party in tax court, its not a good idea. First off, no duty of confidientialy or non disclosure for the accountant, which is a really big deal if you want to quasi illegally shelter your illegal income. Second, most accountants wont do as well a job (not all though, i know a guy who works for the irs, accounting degree, been there for like 20 years. He knows more tax law (by far) then me or my law school friends.



(https://xoxohth.com/thread.php?thread_id=682850&forum_id=2#8610896)



Reply

Date: September 7th, 2007 1:42 PM
Author: flatulent concupiscible nowag church

"do pay 6 figures"

starting big4 salaries are around 95, IF you have an LLM. NO ONE would choose big4 over biglaw. You're a Big4 troll. Sorry you couldn't get a $250k biglaw job.

(https://xoxohth.com/thread.php?thread_id=682850&forum_id=2#8610897)



Reply

Date: September 7th, 2007 2:01 PM
Author: Fuchsia Stimulating Multi-billionaire Address

actually dont have either job yet. Int and M&a tax groups start at 110. Are you right about picking biglaw over big4? maybe, i dunno. And i would probably take biglaw money and run given the chance, sure

But we're not talking about that here, we're talking about big4.

Also, some practices at big4 arent really done at biglaw. Alot of international tax (which really, is the coolest stuff to do) is mainly done in big4 groups. Biglaw does a lot of erisa/employee benefits tax and estate and gift tax work. A lot of tax planning for their wealthy clients who come there for something else first.

So yeah, biglaw pays more, and its probably the best choice (because of that great pay) but if you can take 110k to do something you like and want a career in or 160k to do whaever tax work is thrown to you, then the decision can be harder.

(https://xoxohth.com/thread.php?thread_id=682850&forum_id=2#8610977)



Reply

Date: September 7th, 2007 2:13 PM
Author: flatulent concupiscible nowag church

"Alot of international tax (which really, is the coolest stuff to do) is mainly done in big4 groups."

Wow you're a TTT idiot. Just killself you stupid moron.

(https://xoxohth.com/thread.php?thread_id=682850&forum_id=2#8611014)



Reply

Date: September 7th, 2007 2:15 PM
Author: Fuchsia Stimulating Multi-billionaire Address

you're the same idiot who has no iea what eb is. You're also an idiot for not knowing ny big4 is doing most of the tax shelter work.

(tax shelters involve countries outside this one, so that makes them international, I wasnt sure if you got that, you know, with being a fucking moron and all)

(https://xoxohth.com/thread.php?thread_id=682850&forum_id=2#8611032)



Reply

Date: September 7th, 2007 2:22 PM
Author: flatulent concupiscible nowag church

STFU you TTT LLM, paying for it yourself, piece of shit.

Get out of here and let the people who know talk.

(https://xoxohth.com/thread.php?thread_id=682850&forum_id=2#8611066)



Reply

Date: September 7th, 2007 2:25 PM
Author: Fuchsia Stimulating Multi-billionaire Address

again, those people dont include you

(https://xoxohth.com/thread.php?thread_id=682850&forum_id=2#8611075)



Reply

Date: September 7th, 2007 2:26 PM
Author: flatulent concupiscible nowag church

*watches you write a check to your school's bursars, laughs*



(https://xoxohth.com/thread.php?thread_id=682850&forum_id=2#8611081)



Reply

Date: September 7th, 2007 2:32 PM
Author: Fuchsia Stimulating Multi-billionaire Address

you changing your handle around to look cooler there nerd?

(https://xoxohth.com/thread.php?thread_id=682850&forum_id=2#8611103)



Reply

Date: September 7th, 2007 2:35 PM
Author: flatulent concupiscible nowag church

It's a community account, you stupid idiot. Now STFU. You can pay for all the LLMs you want, no one is going to care.

(https://xoxohth.com/thread.php?thread_id=682850&forum_id=2#8611108)



Reply

Date: September 7th, 2007 2:51 PM
Author: Fuchsia Stimulating Multi-billionaire Address

no ones asking you to care. i just dont like idiots who have no idea what they're talking about (like you) butting into to my threads.

if you want attention so badly maybe you should make one of those wgwag threads. That or suicide, eithers good.

(https://xoxohth.com/thread.php?thread_id=682850&forum_id=2#8611156)



Reply

Date: September 7th, 2007 1:43 PM
Author: Disrespectful startled whorehouse legend

I've asked a tax atty about this before. The #1 difference (for this guy, at least) is that attorneys have attorney-client privilege, accountants do not. For a wealthy person going through a divorce, an attorney is much more useful than an accountant.

(https://xoxohth.com/thread.php?thread_id=682850&forum_id=2#8610903)



Reply

Date: September 7th, 2007 2:13 PM
Author: tantric kitty

http://en.wikipedia.org/wiki/Accountant-client_privilege

(https://xoxohth.com/thread.php?thread_id=682850&forum_id=2#8611010)