Just recently found out your channel and absolutely love your videos. I am from Canada and just finished my 3rd year of accounting undergrad. I am also leaning towards tax and want to work in tax after graduating so this video was really helpful in giving an insight of what a tax accountant does so thank you for that Keep up the good work and stay safe please
Sure! Before I do, I recommend using OneNote to keep track of every single Client. It helps me take notes and create To Do lists for each engagement. In one year I probably have about 100 different engagements I'm involved with so it definitely helps to stay organized :)
I love this kind of video! I have been dreaming about working for big four tax department and now you are my role model😊 I have been working in small cpa firms for several years, and my GPA is only 3.2 so I got rejected by big four first round interview when in school. could you please share more about what you learned and improved throughout the years working in big four
Hi Jen! Thanks for your videos. As a junior studying accounting, I find them super helpful and motivating. I have a quick question. I aspire to become a tax associate once I graduate and I’m currently seeking for internships to gain more experience in this field. Do you think working as an Accounting clerk will also make my resume look good? I’ve seen many people trying to get internships which is my ultimate goal but before working as an intern, working as an Accounting Clerk also came across my mind. What do you think?
Hi Yoonah! Glad you find the videos helpful. I think working in the accounting field will definitely look good on your resume (that includes a position as an accounting clerk). Before I got into tax, I had 2 book keeping internships (one was for a fashion company and the other one was for a korean packaging firm). Definitely recommend going for what best interests you when the opportunities comes.
Could you please do a video explaining the benefits of hiring an accountant? Does a tax accountant sign their clients tax return? I don't even know how to find one 😩
Hey! Yes and tax accountants sign their client's tax return as a "tax preparer" and most can e-file/paperfile on the client's behalf with the client's authorization!
Notice she doesn’t talk about the hours involved, because really the hours suck. When busy season hits, better be ready to put your personal life on hold. Burn out is real common…
Hey there, trust me I do talk about the busy season hours. Here's a video that I made while I was working at Big 4: ua-cam.com/video/M3LMJvm5YZY/v-deo.html Also, I am no longer in the public accounting space which I posted about in my most recent video! If you have any questions, lmk!
Hello mam please help me....I want to be an accountant in canada with full tax knowledge all kind of taxes.....is there any online course that I can do and learn about all the taxes in canada and how to use it ?
I'm interested in doing my own crypto taxes using a software online where they calculate your crypto taxes. They said all I need to do is submit it to any tax professional if regardless if they know about crypto or not and they can send it to the IRS. Is this true
As a junior hopefully going into public accounting, there are a lot of internships out there and with all the prereq classes, I haven't gotten to covering tax yet. For something like a research and development tax internship, would the fundamentals of accounting and exposure to the intermediate financial and managerial levels be enough?
Hi Jen! I'm so glad to have found your channel - your videos are great. Quick question: Since most of your day is spent on returns, do you still work on anything related to the actual accounting of your clients, or is most of your work more tax law-specific? I'm curious about the tax side of PA. :)
Hey JP! Mostly deal with tax accounting. I would say 98% of my time is doing tax accounting and 2% book accounting. This is because mostly the audit team would take care of the book accounting when creating the client's financials!
Lots of love from Malaysia 🇲🇾. Already applying to pwc in tax reporting and strategy, may i know how long does it take for them to call for interview after the application?
Hey!! Hiring & Selection for me it took 3 rounds of interview for my private accounting tax manager position. After I applied, I had an interview first with the tax team, then with the accounting or legal, and then one last final round with tax again. It really depends on the company you are working for. It was a mix of both technical and behavioral questions.
I hope you’re doing well. So, I’ve been scheduled for an interview this week for a Junior Tax Accountant role. Would you be able to tell me what salary range should I provide to the recruiter? I have less than one year of experience (New Jersey). Also, how does it compare to the Tax Associate role? Is it the same? Please help!
Hi Salman! oh good luck on your interview this week! I posted a video on how you can search your salary range based on your level of experience and where you live: ua-cam.com/video/41jvt5qMEDQ/v-deo.html I believe a Junior Tax Associate role is similar to a Tax Experienced Associate. Will this a public or private accounting position?
Thank you for sharing, I will soon get a bachelors degree in Accounting . Please I’m interested in tax and I was wondering if I should go for a master in taxation in the graduate school? I want to work with the government and IRS AS WELl . Please what major do you think I should do in a graduate school? Masters in accounting or masters in Taxation?
If I had to choose for myself I would go to school for MBA with concentration in accounting and not a Masters in Accounting. However, if you're 100% sure you want to do tax then an MST (Master in Taxation) would be great!
I have a degree in finance and would like to get into accounting. If i get an associate degree in accounting will that help me get my foot in the door since I alredy have a degree.
If you have a finance degree, I would see if accounting firms will take you on before you go back to school. I’m thinking if you tell them you’re looking to complete your CPA and that might suffice.
It’s hard to find a good paying job, but average jobs as a staff accountant go from 45-55k usually! Best way to go is pursue your CPA license and go to public accounting
@@FinancialMatter I'm currently just researching what the accounting field is like before I major in it. I realized that CPA is highly valuable. Honestly, I am more interested in the private and/or non-profit sector. But I do realize that most grads start off in the public sector. No matter what career I choose, I do plan on going to grad school.
hey Justin, I wanted to let you know that comments like this is unacceptable on my channel. I understand if you're a 6 year old who doesn't realize the severity of one's words but if you're a grown up, I hope you can reconsider posting comments like this on people's channel. Saying the words "ni hao" has a much heavier meaning for someone who is Asian American and isn't really seen as a joke. Open to have a conversation about this!
Hi, I’m struggling in Intermediate Accounting I as a transfer student right now. I’ve been seriously considering switching majors, but do you think if I can finish out this class, that it will get somewhat easier as I go along in college? I noticed you said in another comment that classes get more specific as you go in college. Was Intermediate Accounting I a challenge for you? It’s just a 3 exam class
What major were you planning on switching to? I thought that Advance Accounting was easier than Intermediate Accounting. When I was taking Advance Accounting, I would try to keep up with all of the material rather than cramming at the last minute. When I had in person class, I also tried to sit in the front so that I could pay attention more.
@@FinancialMatter continuously struggling each year trying to figure out what I like. I was thinking Marketing or Systems and Operations Management, something I can sort of coast through and eventually be able to say I have a bachelor’s degree. I feel like I can’t do that with accounting
@@dylo5628 Gotcha! Well those are great majors as well! Everyones path is different and hopefully you can discover what you want to do! And even if it isn't soon..I know people who have changed their careers way after they graduated.
Just recently found out your channel and absolutely love your videos.
I am from Canada and just finished my 3rd year of accounting undergrad.
I am also leaning towards tax and want to work in tax after graduating so this video was really helpful in giving an insight of what a tax accountant does so thank you for that
Keep up the good work and stay safe please
Thanks Rafey! Glad you find this content helpful!
And good luck with your classes this upcoming year!
@@FinancialMatter thank you 😊 I just have 2 semesters left and I will graduate in December 2021. So almost there, 1 year left
@@rafeyhaider Have you found a job? If so what has your experience like?
Would love to watch a video on what programs or processes help you stay in task in tax season!
Sure! Before I do, I recommend using OneNote to keep track of every single Client. It helps me take notes and create To Do lists for each engagement. In one year I probably have about 100 different engagements I'm involved with so it definitely helps to stay organized :)
I love this kind of video! I have been dreaming about working for big four tax department and now you are my role model😊 I have been working in small cpa firms for several years, and my GPA is only 3.2 so I got rejected by big four first round interview when in school. could you please share more about what you learned and improved throughout the years working in big four
Yeah sure! I plan to post more videos once tax season is over haha . Tax day is 3/15 and 4/15 so stay tuned 👍
This looks so difficult but it’s what I want to do
No worries! You get a lot of training before you start|
Ok but how can I fill up the forme w8-Ben properly???
Hi Jen! Thanks for your videos. As a junior studying accounting, I find them super helpful and motivating. I have a quick question. I aspire to become a tax associate once I graduate and I’m currently seeking for internships to gain more experience in this field. Do you think working as an Accounting clerk will also make my resume look good? I’ve seen many people trying to get internships which is my ultimate goal but before working as an intern, working as an Accounting Clerk also came across my mind. What do you think?
Hi Yoonah! Glad you find the videos helpful. I think working in the accounting field will definitely look good on your resume (that includes a position as an accounting clerk). Before I got into tax, I had 2 book keeping internships (one was for a fashion company and the other one was for a korean packaging firm). Definitely recommend going for what best interests you when the opportunities comes.
Do anything where you can work in the field and get to meet clients and learn the whole process of being a CPA!
Could you please do a video explaining the benefits of hiring an accountant? Does a tax accountant sign their clients tax return? I don't even know how to find one 😩
Hey! Yes and tax accountants sign their client's tax return as a "tax preparer" and most can e-file/paperfile on the client's behalf with the client's authorization!
I learned something new today!!
Notice she doesn’t talk about the hours involved, because really the hours suck. When busy season hits, better be ready to put your personal life on hold. Burn out is real common…
Hey there, trust me I do talk about the busy season hours. Here's a video that I made while I was working at Big 4: ua-cam.com/video/M3LMJvm5YZY/v-deo.html
Also, I am no longer in the public accounting space which I posted about in my most recent video! If you have any questions, lmk!
Hello, would a skill in programming or information systems help an accountant specializing in tax? Which software should one learn?
Love your videos , it is so interesting to me.
Thanks @Alondra!
Hello mam please help me....I want to be an accountant in canada with full tax knowledge all kind of taxes.....is there any online course that I can do and learn about all the taxes in canada and how to use it ?
excellent video! very helpful 😊
Thanks! Glad you found it helpful!
What was the salary for us taxation profile
I'm interested in doing my own crypto taxes using a software online where they calculate your crypto taxes. They said all I need to do is submit it to any tax professional if regardless if they know about crypto or not and they can send it to the IRS. Is this true
Hi James! Which software are you using to file your taxes?
As a junior hopefully going into public accounting, there are a lot of internships out there and with all the prereq classes, I haven't gotten to covering tax yet. For something like a research and development tax internship, would the fundamentals of accounting and exposure to the intermediate financial and managerial levels be enough?
Yes! That should be fine! Most of the learning is on the job and most likely there will be trainings.
Do you have to be good on Microsoft and excel or can you learn while doing it
Just need to know the basics of excel and then get better as you continue working!
great!
Hi Jen! I'm so glad to have found your channel - your videos are great. Quick question: Since most of your day is spent on returns, do you still work on anything related to the actual accounting of your clients, or is most of your work more tax law-specific? I'm curious about the tax side of PA. :)
Hey JP! Mostly deal with tax accounting. I would say 98% of my time is doing tax accounting and 2% book accounting. This is because mostly the audit team would take care of the book accounting when creating the client's financials!
What’s the specialist team?
Lots of love from Malaysia 🇲🇾.
Already applying to pwc in tax reporting and strategy, may i know how long does it take for them to call for interview after the application?
Hey what is the hiring and selection process of a Tax Manager?I have an assignment and I'm not able to find my answers anywhere online.
Hey!! Hiring & Selection for me it took 3 rounds of interview for my private accounting tax manager position. After I applied, I had an interview first with the tax team, then with the accounting or legal, and then one last final round with tax again. It really depends on the company you are working for. It was a mix of both technical and behavioral questions.
I hope you’re doing well. So, I’ve been scheduled for an interview this week for a Junior Tax Accountant role. Would you be able to tell me what salary range should I provide to the recruiter? I have less than one year of experience (New Jersey).
Also, how does it compare to the Tax Associate role? Is it the same? Please help!
Hi Salman! oh good luck on your interview this week!
I posted a video on how you can search your salary range based on your level of experience and where you live: ua-cam.com/video/41jvt5qMEDQ/v-deo.html
I believe a Junior Tax Associate role is similar to a Tax Experienced Associate. Will this a public or private accounting position?
Well said
Thank you
Nice
How important would you say communication skills are in your job as a tax accountant?
Very important! I talk about the skills that are good to have as an accountant here: ua-cam.com/video/qVjqj4LW7Ds/v-deo.html . Hope that helps!
Is sri Lankan tax qualification acceptable
Good tips
Thank you for sharing, I will soon get a bachelors degree in Accounting . Please I’m interested in tax and I was wondering if I should go for a master in taxation in the graduate school? I want to work with the government and IRS AS WELl . Please what major do you think I should do in a graduate school? Masters in accounting or masters in Taxation?
If I had to choose for myself I would go to school for MBA with concentration in accounting and not a Masters in Accounting. However, if you're 100% sure you want to do tax then an MST (Master in Taxation) would be great!
@@FinancialMatter thank you so much I really appreciate
I have a degree in finance and would like to get into accounting. If i get an associate degree in accounting will that help me get my foot in the door since I alredy have a degree.
If you have a finance degree, I would see if accounting firms will take you on before you go back to school. I’m thinking if you tell them you’re looking to complete your CPA and that might suffice.
do non cpa tax accounts still get paid? and can they have private clients?
Yes and yes 👍
Financial Matter thank you for responding 💯you have a blessed day.
Hi
Hello!
Is it hard to find a job as an accountant with a bachelors degree?
Asma Shah shouldn’t be! Do you plan on pursuing a CPA path?~
It’s hard to find a good paying job, but average jobs as a staff accountant go from 45-55k usually! Best way to go is pursue your CPA license and go to public accounting
@@FinancialMatter I'm currently just researching what the accounting field is like before I major in it. I realized that CPA is highly valuable. Honestly, I am more interested in the private and/or non-profit sector. But I do realize that most grads start off in the public sector. No matter what career I choose, I do plan on going to grad school.
@@asmashah981 sounds great! Lmk if you have any questions!
ni hao lets do it
hey Justin, I wanted to let you know that comments like this is unacceptable on my channel. I understand if you're a 6 year old who doesn't realize the severity of one's words but if you're a grown up, I hope you can reconsider posting comments like this on people's channel. Saying the words "ni hao" has a much heavier meaning for someone who is Asian American and isn't really seen as a joke. Open to have a conversation about this!
Hi, I’m struggling in Intermediate Accounting I as a transfer student right now. I’ve been seriously considering switching majors, but do you think if I can finish out this class, that it will get somewhat easier as I go along in college? I noticed you said in another comment that classes get more specific as you go in college. Was Intermediate Accounting I a challenge for you? It’s just a 3 exam class
What major were you planning on switching to? I thought that Advance Accounting was easier than Intermediate Accounting.
When I was taking Advance Accounting, I would try to keep up with all of the material rather than cramming at the last minute. When I had in person class, I also tried to sit in the front so that I could pay attention more.
@@FinancialMatter continuously struggling each year trying to figure out what I like. I was thinking Marketing or Systems and Operations Management, something I can sort of coast through and eventually be able to say I have a bachelor’s degree. I feel like I can’t do that with accounting
@@dylo5628 Gotcha! Well those are great majors as well! Everyones path is different and hopefully you can discover what you want to do! And even if it isn't soon..I know people who have changed their careers way after they graduated.
Where do you work? Big 4?
I worked for Big 4 for four years and moved to Mid-Tier afterwards for about one year +