Monday, October 25, 2010

Career Choice - Becoming a Business Tax Attorney

By Elija James

Job Vacancies, Jobs Vacancy, Employment Jobs

A lot of us had wanted to become lawyers back when we were kids. There is always an attractive appeal about wearing expensive suits and standing in front of a judge and a large audience, arguing a point and doing a very impressive job of it. This glamorous (or maybe unglamorous for the seasoned criminal lawyers) job is not exactly the nature of a business tax attorney.

What is the job description?

There is a load of studying involved in this field, not just because studying law does mean going through volumes of law books, but also because the IRS is a system labyrinth in itself. It is a complex system that most business owners would rather avoid and prefer to unburden over their tax attorneys. More than studying the standard requisite to be well versed in the country's constitution and laws, knowing the ins and outs of the taxing system is the priority. These lawyers handle the tax issues of individual people and/or business companies, smoothing over any potential problems with the IRS before they escalate into serious cases. It is also their job to make sure that the person or company they are working for is protected from the additional tax charges that the IRS might unduly issue towards them. This is not to discredit the Inland Revenue Service, but these things do tend to happen.

Is this job in demand?

Yes, it is. Everyone is duty bound to pay their taxes accurately and punctually. It is easy to do tax monitoring yourself because the basics at calculating due taxes is general knowledge among the working class. However, for those people with larger assets, it is more difficult for them to keep track with the complicated processes and legalities that concerns the IRS if they do it alone. This is why they hire a business tax attorney. What's more, companies and rich individuals have the means to pay for the services of one. It can be expensive for the average earner, but the fees are an investment for the security of the paying company or individual when it comes to their tax obligations and in dealing with the IRS.


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