What is Tax Counsel Jobs?
Tax counsel jobs are legal positions that require expertise in tax law. A tax counsel is responsible for providing legal advice and guidance to individuals and businesses on tax-related matters. Tax counsel jobs are highly specialized and require a deep understanding of the tax code and related regulations.
What Usually Do in This Position?
In tax counsel jobs, individuals are responsible for providing legal advice to businesses and individuals on a range of tax-related matters. This may include advising clients on tax planning, tax compliance, and tax disputes. Tax counsel jobs may also involve representing clients in tax-related legal proceedings and negotiations with tax authorities.
Top 5 Skills for Position
- Comprehensive knowledge of tax law and regulations
- Strong analytical and problem-solving skills
- Excellent communication and interpersonal skills
- Ability to work independently and as part of a team
- Strong attention to detail and organizational skills
How to Become This Type of Specialist
To become a tax counsel, individuals typically need to have a law degree and be licensed to practice law in their state. Many tax counsel jobs also require additional training and certification in tax law or related fields. Gaining practical experience through internships or other legal positions can also be helpful in securing a job as a tax counsel.
Average Salary
According to the Bureau of Labor Statistics, the median annual salary for lawyers in the United States was $122,960 as of May 2019. However, salaries for tax counsel jobs can vary widely depending on the individual's level of experience, location, and the size of the organization they work for.
Roles and Types
Tax counsel jobs can be found in a variety of different organizations, including law firms, accounting firms, corporations, and government agencies. Some tax counsel positions may focus on a particular area of tax law, such as international tax or estate planning, while others may involve providing general tax advice to clients.
Locations with the Most Popular Jobs in USA
Tax counsel jobs can be found throughout the United States, but some locations are more popular than others. Some of the top cities for tax counsel jobs in the United States include New York City, Washington D.C., San Francisco, Chicago, and Boston.
What Are the Typical Tools?
Tax counsel jobs typically require the use of a range of tools and resources, including legal databases, tax planning software, and financial analysis tools. Additionally, tax counsel may need to stay up-to-date on changes to tax laws and regulations, which may require regular research and analysis.
In Conclusion
Tax counsel jobs are highly specialized legal positions that require expertise in tax law and regulations. Individuals in these positions are responsible for providing legal advice and guidance to clients on a range of tax-related matters, including tax planning, tax compliance, and tax disputes. While tax counsel jobs can be challenging, they are also rewarding and can offer opportunities for growth and career advancement.