Friday, May 18, 2012

The Life Of A Tax Attorney

By Judy Miller


An attorney is a legal expert, knowledgeable in legal matters and issues affecting a particular area of expertise. Good pay is the main reason why people want to become an attorney, young and old alike, and this can be true to a certain extent. Sure, attorneys get paid handsomely, but there is one reason why - because as it is with a lot of other high-paying jobs, being an attorney is no Sunday drive!

A lot of law firms across the country, especially the larger ones, require that you graduate with a law degree from a well-known law school. Most students will specialize in a particular branch of law, with some preferring corporate law, criminal law, tax law, or property law. Being a tax attorney is all about being a specialist in taxes and laws regarding taxes. Their clients may include large corporations that need legal advice on local and international tax matters, or they may help ordinary citizens in legal wrangles over taxation.

Once a student graduates from law school and passes his or her bar examinations or licensure tests, they would have the option to join a private firm or work for the US Government. Some of the more adventurous law graduates could start up their own legal firm and get in the thick of things right away, but most would prefer the experience of working for a law firm before striking it out independently.

"Getting one's feet wet" pertains to gaining valuable experience as an apprentice to a team of veteran lawyers, as they assist and mentor on practical matters. This is a great opportunity for a young attorney to learn from the best before they can handle things on their own and tackle their own cases. Young lawyers get a chance to learn the craft and know how to use what they learned in school the right way in order to have the know-how to run their own practice someday.

An eye for detail is essential in being a successful tax attorney - while other types of law practices require this as well, taxation law does so especially because of its Byzantine nature. Logical and rational habits are preferable, although this is true of most branches of law. It also helps if you are knowledgeable and experienced in dealing with both local and international tax laws, to prepare yourself for larger clients, particularly those with a global or multinational base. Aside from being knowledgeable in tax law on a local and international basis, it is important to be updated with the latest changes and revisions at all times.

Tax attorneys do not just deal with corporate entities - they also deal with individual clients, though when speaking of salary, it is naturally more attractive to have bigger clients in the corporate field. For people like us who normally do not have any formal background learning about how taxation works, this is a great help, and we can always turn to tax attorneys when we have our own legal hassles due to taxes. Both types of taxation attorneys find their work rewarding.




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