Getting Started in Tax Consulting

by Gary W. Carter and Gary Carter

Book Overview

The Complete, Authoritative Guide to Getting Started in Tax Consulting

Tax consulting and return preparation is a fast-paced, dynamic industry-one that promises high earning potential. In this book, tax advisor Gary Carter shows you just what it takes to become an in-demand tax consultant. You'll discover how to break into the tax business, even with relatively limited education and training, and build a path to your new career with Carter's...

• Format: Paperback
• Language: English
• ISBN: 0471384542
• ISBN13: 9780471384540
• Release Date: April 2001
• Publisher: Wiley
• Length: 304 Pages
• Weight: 1.06 lbs.
• Dimensions: 0.8" x 6.2" x 9.3"

Customer Reviews

Excellent read, informative and entertaining

This is a very well written book that examines the topic of tax consulting from several interesting angles. Interviews with accomplished practitioners give the reader valuable insights into this profession. I would highly recommend this book to anyone with an interest in the field of taxation.

Excellent Book! Read It, Then Read It Again!

Getting Started In Tax Consulting is an important book that every tax professional and aspiring tax professional needs to read-and reread. In fact, it is the only book of its kind that I have found. It doesn't matter if you want to participate in this industry as a CPA, attorney, or an enrolled practitioner-this book will help you reach your goals. The front flap claims the book provides "comprehensive coverage"-and I must say it really does. Since I purchased this book over one year ago, I have read it over one dozen times and I literally learn something new and useful every time. It is packed with advice and wisdom from the author's experiences which I believe would be beneficial to anyone involved in the professional services industry (not just tax consulting). The author, Gary Carter, strikes me as a really smart yet down-to-earth guy who is clearly a leader in his chosen field. It seems Gary really took some considerable risk when he wrote this book because he discloses an extensive amount of information. I was surprised when he went into so much detail about his own "side" tax business and his personal business philosophies. Gary presents some really tough questions about the industry and those he interviews. And I mean he asks all the right questions-the important kinds of questions you and I really want to know. Best of all, Gary delivers thorough, candid, unbiased, and honest answers. Have you ever wondered any of the following?What is it like being a tax consultant? What exactly do they do?How will potential tax reform impact the industry and the livelihood of future tax professionals?What are some of the pros and cons of developing competencies in tax as opposed to audit?How much money can I make as a tax consultant?What is the current and projected demand for tax consultants? How can I participate (part-time, full-time, employed, self-employed, CPA, MBT, Attorney, etc.)? What education and experience do I need?Can I build my own practice? How do I do this? What should I expect?Which specialties within tax are hot right now?What qualities do I need to be successful?What are important trends in the tax industry? What factors are driving these trends?Getting Started In Tax Consulting addresses these questions and much more. Gary goes into detail about things like the importance of developing a niche in the market and how to go about building your own tax practice. He provides examples and explanations that make a lot of sense. I especially like the last chapter, "Conversations with Six Tax Professionals." It provides a sort of Q & A with successful tax consultants from varied backgrounds and different specialties. If you can't relate to the author himself, you will certainly identify with the experiences of one of the folks in the last chapter.I have never written a review for anything before, but I really think this is an important book-especially considering the current state of the economy. If nothing is certai

An excellent resource bound in concise language.

I highly recommend reading this book if you are seeking information in tax consulting. I found the book to be well written, and researched. My intention is to start my own tax practice next year, and this book serves as an excellent body of information in how to get started in the tax business. The author effectively conveys his thoughts and suggestions without loosing readers. This could very well be the bible of, "The How Too Tax Consulting Reference Book." A must read for Tax Maverick's in the making.

Outstanding Book!

I can not put this book down! It has all the information that I wanted to know for a long time: what's it like being a tax professional, what qualities is needed to be successful, how much you can earn. It's an inspirational book that Dr. Carter shares his own way of forming a side practice from concept to bring it to realization step by step. His HONEST assessment are extremely valuable. Carter has addressed, in a humorous way, questions such as the likelihood of a tax simplification reform driving tax professional out of jobs in the future. He shows you the benefit and the potential of specialization vs. generalization. He has straightened out common confusions on the tax treatment of different tax entities. Then he shows you how and where to find the tax literature-the tool of trade. "Getting to know the IRS" and Web-based tax practice shows you very useful information. All in all, it has just about any major questions you wanted to know as far as the tax professional career. And it was written in a way that shows, from page to page, a passionate educator (Dr. Carter is a professor) sharing his wisdom, research, and knowledge. Before I finished reading this book, I went on to Dr. Carter's website...and I was very impressed with the credentials of Dr. Carter, a highly accomplished individual. Then I emailed him a question and sure enough he followed up the question and clarify that question for me! Highly recommend this book to anyone who's contemplating a career as a tax professional. Thank you Dr. Carter for your inspiring, fun, and honest advice from this book!...

Outstanding!

I am starting a tax practice and this book was outstanding. The author gives much useful information with phone numbers and/or web sites. Saved me many hours of searching for the contact information. I hate it when a book advises you to do something then makes you look for the info. The author covers all aspects of the tax business along with lots of info for setting up any small business. Goes over lots of details that I did not think of. .... I would have liked more case study examples also. But these comments aside, this book is a must-have if you are starting this type of business.