Information for the Potential Tax Attorney in Training!
You have finished school and are about to enter college, the world is ahead of you and so is an abundance of choices to make. If you are considering a career in law then you will need to start thinking about which branch you would like to graduate in; commercial attorney in business, legal attorney in justice or a tax attorney in accounting. This article focuses on the latter choice answering what is an attorney in law? How to achieve a career as a tax attorney in the fastest way possible and what are the potential income earnings of an attorney in the various positions?
An attorney who specialises in tax is a lawyer whose primary focus is taxation law. This means that you will find an attorney in the IRS, in individual taxation accountant firms and also sole practitioners who offer their services to the public. Being a tax attorney for the IRS or state entails filing prosecution against tax evaders or even government departments and businesses that are acting in an illegal or fraudulent manner in terms of taxation claiming, payments or withholdings. Constant upgrading of knowledge is essential for the tax attorney as the taxation system and laws are changed often and it is due to ignorance of these changes that many legal actions are commenced.
Where to get qualified and how long does it take?
College is the place to get your law degree and there are literally hundreds of establishments worldwide that can provide you with the training needed. A Law degree does not automatically enable you to practice a specific branch of law, such as tax, careful planning is required to decide which elective courses to choose. Choosing the right electives such as accounting, politics and mathematics may enable you to easily obtain a position of attorney in a short time, or even better, a post-graduate course based solely on tax law will ensure the credentials required to become a tax attorney immediately after completion.
Potential earnings of a tax attorney are completely dependent on employer. They may only garner $50,000 per year where as ones in a large corporation may earn in excess of $200,000. The possibilities are limitless.
Law is a fascinating subject and a fantastic career choice; a qualification in tax law can be the door to a world of opportunity. If you are interested in law as well as accounting or finance, consider being an attorney in the various fields available and be in a career that is ever changing, ever growing and never ending!