Transcript
Page 1: How to become an expert in tax law

How to Become an Expert in Tax Law

In order to become an expert in tax law, there are a series of questions to answer and steps to follow

to accomplish such a goal. Tax law can be tedious, confusing and complicated, but for those who are

interested, it is a goal worth pursuing.

Learning federal or state tax laws and the pages of code and regulations can be a daunting task as is

working with figures and transferring them to documents. It can all be challenging, and there are

those who are up to the task.

Depending on what course of action an individual wants to take concerning becoming a tax law

expert, there are a few questions to be considered first, which include:

Tax Law Expert Questions to Ask

Page 2: How to become an expert in tax law

- Do you simply want to know how to prepare your own taxes or those of other individuals along

with a firm understanding of tax law, before pursuing tax preparation?

- Do you want to know the tricks of the trade concerning tax law and how it can work to your benefit

in tax preparation for yourself, or for that of potential clients?

- Do you want to become a tax attorney, a certified public accountant(CPA), or a bookkeeper for a

business that deals with federal and state tax laws?

- Do you want to pursue a specialization in federal tax law related to the Internal Revenue Service

(IRS), and its levels of tax analysis and application, in areas such as

. Personal

. Corporate

. Subchapter C (publicly traded corporations)

. Subchapter 5

. Partnership (Subchapter K)

. International tax l

- Do you want to teach or instruct tax law?

Answers and Choices

Any of these questions will require an answer that involves a course of study of some kind, whether

it is a simple online tax preparation course, a software program, video platform or a hard cover study

guide as to how to prepare someone's tax return.

If you have gone through the questions and are still unsure of how to reach a certain level of tax

expertise, consult with a career counselor through a community college or university. A counselor

can give you advice as to what road to take to become a tax expert.

More intense preparation will obviously involve a significant amount of academic time devoted to

becoming a tax specialist whether as a tax attorney, an accountant or an IRS expert. Usually an

advanced degree in tax law, accounting, or a related field will include years of study with follow up

work experience in specific areas of tax law.

Regardless of the choice of study, the options will either be simple preparation or extremely involved

and intense study for a number of years. There are choices on how to become an expert in tax law. It

is just a matter of choosing a direction and utilizing the resources available that can assist in

acquiring tax law expertise.

William Doonan is a tax law and legal expert.


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