Big 4 tax reddit Please roast my resume! I'm updating my resume for the first time since I had a internship in college. He actually worked significantly more as a CFO (he worked a ton as a partner as well). You’ll make more than a CPA starting there but it’s hard to give you a number wo knowing what company and where it’s located. Hi guys. The accountants will assist in The people are great, the work is fine, and the compensation + benefits are not only comparable to Big 4, but exceed it in several ways. Source: Decade long career with a Big 4 firm, on Partner-track, but already received offers from other Exit PA at the senior level unless you love tax returns then stay maybe forever. But it's really what you make of it. I’m also in the same office, but for tax. Top. Fuck big 4. They are always the last to leave and first ones to arrive lol. I know the team's work is comprised of tax structuring projects, modeling of various tax elections/limitations and their consequences, and Sub K work but the large majority of the work seems to be performing buy-side tax due diligence. I quickly learned it wasn't for me. Up to you. Coming out of college w a Big 4 (KPMG) tax offer and an Internal Audit 1 position in a Fortune 500 company. Need some advice here. Auto industry (dealership). I'm now a Senior Auditor at a Big 4. Or check it out in the app stores TOPICS. Or check it out in the app stores a place to discuss everything related to the Big 4 accounting firms: PwC, Deloitte, EY, & KPMG. In terms of opportunities themselves, after a year or two of experience you could likely be a financial analyst or tax/senior tax accountant in industry or work for the government. Big 4 senior / manager + CPA > CPA > Big 4. Not sure what job I'll be looking to jump to but I want have a basic resume set up to turn to when I'm ready. Increased pay and much less stress. I've been working here for almost 6 years, started in audit, currently working in Finance Transformation Consulting, and have a CPA. Members Online • bigash2 On a normal day I’m either preparing workpapers, preparing/reviewing tax returns (1065’s) or scrolling reddit. Welcome to r/Big4, a place to discuss everything related to the Big 4 accounting firms: . Tax is tax, and very few companies—unless they’re massive, public organizations—have their own internal tax department. In all seriousness, Big 4 busy season for audit is usually January to March; for tax it starts and ends a little later. Neither. Not as hard to navigate, once you been through the journey. What would you choose? I'm in audit right now and planning to take a transfer to the tax department i’m a new campus hire tax associate and when i went through the recruiting/interview process, one of my interviewers specifically mentioned how even during busy season you wouldn’t be working more than 60-70 hours at the most and if you were then you can request to have your schedule redone to lower your workload. Or check it out in the app stores TOPICS Looking to leave Big 4 Tax into industry as a financial analyst or senior accountant! Resume Share Add a Comment. 6046 for Form 5471s), CFCs, and what's considered Subpart F income so you know the theory behind what you're doing. By all accounts, the hours are just as bad, pay not nearly as good, and a lot of admin work. , MBA, consulting, advisory). The key difference between the Would you say in your experience and learning from your parent that someone starting in big 4 audit (as opposed to tax) is at any sort of disadvantage? I ultimately want that use the following search parameters to narrow your results: subreddit:subreddit find submissions in "subreddit" author:username find submissions by "username" Is it worth it to try to get a job at a Big Four to get the experience and work on some more complex tax returns and to have it on my resume, or am I not missing too much by Exiting Big 4 to an industry company for a tax position would likely land you in some sort of tax analyst/senior tax analyst/tax manager role depending on how many years you did in Big 4. I’m hearing big 4 is the best for jumping to industry but all I jump to content. I’ve never quite liked audit, despite being a high performer, and would like to leave Big 4 where I can take a less-demanding job and truly assess my long term goals (e. tax. PwC and EY routinely are at the top, but EY usually has the better deals from an M&A Tax perspective. 75 votes, 48 comments. Most big companies outsource their tax work to, you guessed it, the B4. Basically I help translate tax speak into developer speak. The WLB is amazing compared to Big 4, and I can't stress that enough from what I've heard. Audit vs Tax . I'm in big 4 international tax (accounting major without CPA) and can have convos with my higher ups about transitioning into a team filled with lawyers. Havel thanks for the doc Passing behavioral interviews at the Big 4 are all about preparation. Sort by: is Get the Reddit app Scan this QR code to download the app now. I've got two offers, one with PwC's International Tax Services group and one with EY's M&A Tax group, both are for positions in NYC. I'm looking for some advice on graduate positions for big 4 tax, I'm trying to pick between the two. I had no excel Welcome to r/Big4, a place to discuss everything related to the Big 4 accounting firms: PwC, Deloitte, EY, & KPMG. Welcome to r/Big4, a place to discuss everything related to the Big 4 accounting firms: PwC, Deloitte, EY, & Big4 is a big part of the mba experience. With the introduction of the OECD Pillar 2, its Get the Reddit app Scan this QR code to download the app now. USA: -Staff (audit & tax): 69k USD -Staff (Consulting): 84k USD -Senior (audit & tax): 93k USD -Senior (consulting): 120k USD -Manager (audit & tax): 129k USD -Manager (consulting): 162k USD Feeling Miserable in Big 4 Tax Advice Come ask questions, post your pictures, whatever you want. Get the Reddit app Scan this QR code to download the app now In my gloomy law school moments I think about dropping out in favor of a big 4 consulting job (because I have a wide network therein). com" Tax Internship Interview Big 4 . I’d say the longer you work Big 4 audit the better it looks for an accounting role but the harder it is to move to a non accounting role of similar level. Also depends if as a tax person you are attached to many big audits. If the CFO at your exit company has a tax background, and rose to CFO, then that means that company sets up their tax people for success. It's great to learn a little bit about the code (Sec. Just curious as to what tax software the Big 4 uses. New to sales commission but expecting an extra 2-3k a month. The best place on Reddit for admissions advice. big 4 had bigger clients and more depth of knowledge. We would like to show you a description here but the site won’t allow us. Do you think things would've been different if you started at Big 4 FDD instead of I realize there is a lot of previous discussion pertaining to big 4 salaries, specifically going in with an LLM in tax. Everyone I know in biglaw tax who used to work in big 4 greatly prefers biglaw tax. Members Online What to Expect for First Busy Season I wasn’t at big 4, but was a tax manager at a smaller firm. My bain buddy (practice case partner) was a former EY intern and EY - Parthenon Associate before he joined Bain as a Consultant. The caveat is that they are extremely competitive to get Get the Reddit app Scan this QR code to download the app now. But if that isn't the case, and they both in fact lead to jobs with great hours and pay, then I'll just stay in Big 4 tax as I feel I'll have an easier time here Welcome to r/Big4, a place to discuss everything related to the Big 4 accounting firms: PwC, Deloitte, EY, & KPMG. This isn't quite correct, however, and stems solely from the utter dominance of the Big 4 in accountancy, as opposed to law where competition between firms is fierce. I guess the benefit is more job security, even at KPMG today I read tax was affected way less. The best general advice to not get stuck in tax is to not go into tax. I was B4 audit but had friends in tax. Welcome to r/Big4, a place to discuss everything related to the Big 4 accounting firms Welcome to r/Big4, a place to discuss everything related to the Big 4 accounting firms: PwC, Deloitte, EY, & KPMG. 86K subscribers in the Big4 community. I'm applying to all Big4 and smaller firms as Welcome to r/Big4, a place to discuss everything related to the Big 4 accounting firms: PwC, Deloitte, EY, & KPMG. . This should be pretty much the same across the various areas of tax: asset mgmt, federal tax, international tax, M&A tax, transfer pricing, SALT, etc. Bigger city offices tend to work longer hours than smaller offices. I've been applying to jobs for months (since December Get the Reddit app Scan this QR code to download the app now. Post any questions you have, there are Here is my experience. Look Big 5 and under. Plenty of companies have off-calendar year-ends. 152 votes, 65 comments. Just keep in mind that these days it's way harder to transfer internally than jump firms. Top 10 is still better than Top 100. So now I work on development of internal tools as a business analyst. The manager that interviewed me was also a former EY summer consultant who worked in transaction advisory services. There have been previous discussions on big4 salaries on tls and on reddit (r/lawschool). My dad was a Tax partner, and he retired from big 4 and became a CFO. Typical day during busy season - first day at the client (Audit) Leave home at 8, get to client at 9 (I'm regional, lots of travelling) Read emails, try to get anything from last job out of the way Welcome to r/Big4, a place to discuss everything related to the Big 4 accounting firms: PwC, Deloitte, EY, & KPMG. Until Labor Day I worked an extra day and Friday and took Monday off, I got major blame on Tuesday morning when I got back. Welcome to r/Big4, a place to discuss everything related to the Big 4 accounting firms M&A tax. So if you have the chance, do explore the others. I'm especially struggling to decide what bullet points are relevant to my audit experience Deloitte and KPMG are bottom of the barrel for M&A Tax specifically. Moved from public sector to Big 4. Members Online. Decide what’s important to you. But, I really have only seen information relating to NYC market. Im at a big 4 right now but I interviewed at Bain last month for the associate consultant position. Or check it out in the app stores TOPICS a place to discuss everything related to the Big 4 accounting firms: PwC, Deloitte, EY, & KPMG. I work for a billion dollar company. I’m a second year law student who just accepted an internship with Deloitte, midwest region in a moderately HCOL area. Typically 60-70% JD/LLM people, but they like to have some accountants for the number portion. I am starting my tax LLM at one of the top 3 schools. I’m at a mid tier firm where everyone works almost 99% Get the Reddit app Scan this QR code to download the app now. However, Big 4 here is paying. Check out the sidebar for intro guides. I previously interned and worked in Real Estate tax. The Reddit Law School Admissions Forum. The group I work is in Tax, but not strictly compliance work. While I was looking, I noticed that lots of larger companies have tax analyst positions (domestic and international). View community ranking In the Top 5% of largest communities on Reddit. Also, don’t count on it only being busy in winter/early spring for audit. edit subscriptions ALL SIDEBAR LINKS IN OLD REDDIT ARE NO LONGER KEPT UP TO DATE, PLEASE VIEW NEW REDDIT FOR UPDATED LINKS Please seek appropriate professional advice for tax-related matters. From what I've heard, the type of work for both corporate and private tax is very similar, and the difference is the clientale where corporate's clients are larger multinational companies, and private are more high networth individuals and/or smaller unlisted companies. Currently working in TP in a big 4 and working in tax right now is looking pretty good tbh. Develop relationships in your industry. Plus audit services and tax services offered by Big 4 is not as white glove as it used to be. The main consequence with income tax is being billed I know the exit opportunities in tax are limited, but I’m wondering what others did down the road after being in Big 4 tax. Career ladder in First Derivative/FD technologies? This is based on a lot of data so it should give you a good idea of what to expect pay-wise for Big 4. Big 4 hours were indeed more. I'm in tax so you're juggling multiple clients and engagements at a time, all at different stages of an engagement, all in View community ranking In the Top 1% of largest communities on Reddit. I transitioned to a tax specialist/analyst position with a law firm. It’s a tax subset. AMA: Big 4 Tax -> Big 4 FDD -> MM IB . Anonymous User Posts: 431958 If your goal is wlb, you'll want to go industry (big 4 won't give you this and, while better than b4, the mid-tier firms are worse than industry). I’m considering leaving my firm within the year, and will be promoted to senior in the coming weeks. that is untrue depending from person to person considering you could hire illegal immigrants fresh off the boarder to do audit associate work. They carry the prestige of Big 4 experience, have similar salary progressions, have a much better WLB, while simultaneously giving the biggest career trajectory boost in terms of skill development. Just got promoted to controller. Or check it out in the app stores Mate big 4 and work life balance is an oxymoron you’re looking in the wrong pastures I've personally managed to forge a successful tax career whilst avoiding working stupid Big 4 hours and I'm sure others have too. Reply reply Yeah- you’ll have individual tax season and corporate tax season w/ extensions so you get another busy season. Tax Internship interview tips This is an unofficial sub reddit of your Texas grocery retailer. Absolutely crazy turnaround rate, consultants paid well below national average (started at 43k a year ago few years ago, as a consultant, major pay decrease but considered it a "get paid in experience, and Big 4 name on CSV" deal). Welcome to r/Big4, a place to discuss everything related to the Big 4 accounting firms: PwC, Deloitte, EY, & KPMG. Subscribe and be part of the Big 4 community . Google tax llm threads on going into big4. It also depends on your senior manager/ partners you work with. In the first, I typically worked around 9am-5 or 6pm M-F outside busy season with busy season hours of 9am-9pm M-T, 9am-5pm F, and occasionally 5-8 hour Saturdays. reddit Very valued tbh, it just doesn’t always mean you can easily move to other competitive fields because either everyone has Big 4 experience or you don’t have the right type of experience. Some of the differences are outlined below. I’m a real lawyer in big law. CSCareerQuestions protests in solidarity with the developers who made third party reddit apps. If folks jave that experience then they understand many barriers the mba student experiences. For the past few months I have been working for one of the Big 4 as a contractor, working 20 hours a week, charging $100/hour gross and netting $86/hour (pre-tax). Big4 vs law firm . I am still unsure if I want to go audit or tax, leaning more towards audit. my subreddits. Both in very Get the Reddit app Scan this QR code to download the app now. Tax $66,000 Audit $72,000 Advisory $85,000 This practically convinced me to go into Big 4 because even an accountant with 2 YOE, there was no way I’m gonna be able to get the salaries Big 4 in my city was offering. Mostly used for employee interactions but please take what you read from Hi everyone, I’m a Tax LLM, earned my JD back in 2017, and I’m interested in hearing people's thoughts on different tax groups within the NYC Big 4 accounting firms. It was very sink or swim atmosphere. 81K subscribers in the Big4 community. Or check it out in the app stores Welcome to r/Big4, a place to discuss everything related to the Big 4 accounting firms: PwC, Deloitte, EY, & KPMG. Woke your way up. There are not many opp in other areas, these usually go to the cream of the crop. com find submissions from "example. My goal is to move into M&A Tax this year. I recently joined the M&A tax team at a Big Four firm in a large US market. Start out as a bookkeeper. When I first started I never logged on on weekends. 52k, 65k, 70k, 85k (switched big 4), 105k (left tax), 150k, 150-180k contingent on bonus/commission MCOL, 4. based on this i expected something like 12 hours a Get the Reddit app Scan this QR code to download the app now. I never liked finance in college, but really enjoyed Landed in Big 4 M&A Tax after tax LLM and have continued applying to biglaw ever since. I'm a manager at a big 4 in a major metro area. Both places had super smart driven people. I know a lot of people who have made the switch or have split their time with those types of teams. Tall people make more money than short people, according to the article. They exist for a reason, and they’ve been around forever. g. Get the Reddit app Scan this QR code to download the app now. If you want a culture where people actually care about your well-being, career growth, and opportunities to create/build something for yourself, then don’t go to any of the Big 4. The entire industry is hurting for workers right now so they are willing to pay top dollar for candidates. Did you take on an industry tax role or a job unrelated to tax? Big Four Audit and Tax are very different paths in terms of work and long term career options. Submissions can range from Big 4 news, pros & cons of working in any of the firms, how to get into Big 4, layoffs, and any other stories or questions related to the firms. From my personal experience I’d say anywhere from 10%-20% minimum more than starting CPAs. Mostly because of the exit opportunities , as well as long term career goals align with what I want. People who enjoy tax accounting aren’t bothering themselves with the philosophical notion of “tax” being good or bad. These are averages across the country. Or check it out in the app stores TOPICS 'Big Four' salaries: How much accountants and consultants make at Deloitte, PwC, KPMG, and EY Tax llms out of nyu and Georgetown working in nyc. Let me start off by saying tax compliance in the US will not be fully automated any time soon. I The big 4 keep partner pay a heavily regarded secret as to not piss off the lower levels that get paid shit. Received an identical offer letter from EY’s NYC office for Tax LLM Staff/Assistant position. I have an interview for a tax intern position on Friday. Or check it out in the app stores a place to discuss everything related to the Big 4 accounting firms: PwC, Deloitte, EY, & KPMG. However, still not worth a much smaller salary. Next summer I'm supposed to intern at EY - namely for the Big 4 resume booster from what I've heard. Members Online If Tim Ryan (US Chair and Senior Partner) can leave PwC, YOU can leave PwC!!!! Get the Reddit app Scan this QR code to download the app now. Members Online EY Global Compliance and Reporting Tax Staff Insight and Questions 14 votes, 15 comments. My work now is still in state and local tax, but on the consulting side. Also, the big 4 have finance as a service line (division) as well and you think or feel only the MBBs are fin savvy. One manager prepares the Welcome to r/Big4, a place to discuss everything related to the Big 4 accounting firms: PwC, Deloitte, EY, & KPMG. Posting on the bus ride back home as busy season never ends in tax lol so sorry if there are mistakes As an associate or intern, you'll probably be doing a lot of Form 5471 and 8865 returns and working on a lot of tax compliance issues. Internet Culture (Viral) Amazing; Animals & Pets Did big 4 tax and recently joined the internal audit at a public company and the tax people seat next to us. Anyone who says being a partner means your life revolves around work needs to understand that to make a lot of money you need to make a lot of sacrifices with your time, as a partner or the general consensus held by employers and recruiters is that audit monkeys have a better understanding of financial accounting than people in tax. Speaking only of my experience/feelings and not passing a blanket opinion on big 4 vs. Both law firms and the Big 4 command respect in the industries - for tax work, however, the Big 4 are sometimes perceived as the pinnacle of tax advice after barristers. Members Online Audit vs Tax - Big 4 Hi, I received my offer letter from PwC for Tax LLM Associate position in NYC for 125k+ base and 15k sign on bonus and potential for yearly bonus. Internet Culture (Viral) Im planning on majoring in accounting and am interested in hearing about the daily work in big 4 tax, and how it could transfer into starting a solo tax practice outside of just reputaition. If your goal is to maximize your earnings, Big 4 is the way to go, especially at the more senior levels (most big 4 partners earn low 7 figures vs. I started at top 10 jumped to Big 4. I worked in two offices of the same big 4 firm, and my experience varied greatly. and structuring vs b4 which is predominantly tax due diligence and structuring with a fairly big side of tax modeling. Share 78K subscribers in the Big4 community. high 6 figures for mid-tier firms). Applied to IRS OCC because I’m losing the ability to put up with Big 4’s toxicity. Big 4 New Senior here. Tax has greater demand than supply and I think the demographic situation is incredible for young tax CPAs. Our job relies on May I know what sort of job are you guys doing now after exiting Big 4 tax? I don’t think I would like to continue doing tax in Big 4 but the job vacancies I’ve been seeing are mostly for those For those who left the Big 4 within a year or two, how difficult was it to find a new job? Also, how long did it take for you to secure another job, and how does your workload Income tax is relatively forgiving — the timelines tend to have longer runway and it’s more about risk analysis than accuracy. I’m a tax senior with 4 years of experience in public accounting. PwC will pay more for M&A Tax however. Hey everyone! Like the title says, I've finally made it onto a MM investment banking M&A team after internally transferring from tax to FDD at PwC. I work for a national firm and we use CCH ProSystem as our tax software The reason why most accounting grads go into Big 4 is cos they are the biggest employer. 5 years in tax, 3 years since leaving tax A sub reddit for Irish and Ireland-based Devs Members Online. These questions are pretty predictable, so you can prepare your answers beforehand. I’m still in public but left my old big4 for another big 4 who offered me a $40,000 raise. Lateral to Big Law Tax outside of big 4? I feel like it would easily be worth it to restart as an A1 in a different big four in advisory. I realize there is a lot of previous discussion pertaining to Big 4 salaries, but most of the compensation details I’m seeing is specific to accounting majors joining with plans to sit for the CPA. Honestly OP, the big 4 should be ashamed with how low the staff level pay is for the amount of stress and hours they have to work. Night and day difference. Big 4 is stable but currently in the lower paid end of EY (SDC). Otherwise, go into big 4 but with your eyes open. 4 years in industry, never worked more than 50 hr week. forbes upvotes Welcome to r/Big4, a place to discuss everything related to the Big 4 accounting firms: PwC, Deloitte, EY, & KPMG. Spent 9 months in big 4 after my tax llm and it was a huge fucking waste of time. Lots of positions someone with a JD can take at the big 4 so I wouldn’t just narrow it to tax associates. 12 votes, 14 comments. Typically, employees at big 4 firms work 50-80 hour weeks during this time although typically it is 55-65. Members Online I asked ChatGPT to show the POV of a Deloitte employee Law school is expensive and an extremely heavy commitment since tax law is pretty specific lol. PwC, Deloitte, EY, & KPMG . USA Career in audit vs. I worked for a nonprofit one summer whose CEO started in Big 4 tax and she made the transition after two years at age 24. They rotate you into a myriad of functions such as FP&A, tax, internal audit, operations, etc. 18 votes, 21 comments. Not deals. We have never verified the credentials of any use the following search parameters to narrow your results: subreddit:subreddit find submissions in "subreddit" author:username find submissions by "username" site:example. The thing set me part was that I got a receptionist job at a small accounting firm and worked my way from there and got tax Ok - I started as a tax preparer and did that for 4 years before transferring to a tax technology/transformation team. the only auditors that generally have a brain are managers and up, but even the Big 4 tax is entirely too broad to give a real answer here, there's tons of specialized tax groups within Big 4 tax that would significantly narrow exit options or highlight the best options available. Like I said in my other reply, I saw some people on Reddit say tax associates work a lot harder and longer in industry than ex-Big 4 auditors, which is why I was considering switching. But the office had a nice camaraderie. /r/tall: reddit from a higher perspective. I work at Big 4 tax and started in July. This means VDAs, credit research, and reverse audits mostly. Find a company who will care about you. JD’s work with the research part mostly and work on finding out how to do the deal in the most tax efficient way. 100k base with comission on sales. I only recently left the big 4. big law: I wasn’t a real lawyer in big 4. I do some tax compliance, data analytics and also a decent amount of managing projects between core tax and multistate. Just my 2 cents if your trying to judge quality of a candidates resume. From my experience dealing with big four alumnus and family members, big four work style brainwashes all their employees to be workaholics, accepting for overworking -forgetting their employees having life outside work, not minding working all nights and weekends, slaves for money without work life balance, not caring family as work as always priority. Recently received an offer from IRS OCC. hyylc vvnoylpw gzedj bxib hyteto kfngem kuyp dazpms jgzhy ffdaqsq ixlcv zdep wxtkko qgtzat ukpu