Tax AttorneyJob Description, Salary, Career Path, and Trends
Tax attorneys help businesses, organizations, and individuals with legal issues regarding their taxes. That includes helping organizations limit their exposure to tax liabilities. Tax attorneys also handle issues for clients who may be in tax disputes with the IRS or other government entities who levy taxes. Legal industry observers and thought leaders say the job of a tax attorney can come with less stress than other legal specialties. Since taxes aren’t going away anytime soon, it’s also considered a very stable area of practice.
A tax attorney should have knowledge of laws and regulations relating to taxes, as well as a background in accounting and business law. Skills common to most attorney positions, such as written and verbal communication, research and negotiation, are also important for a tax attorney.
Sample job description #1
Leading the mergers and acquisitions process to include advising and counseling ABC Company and its clients on all phases of the process; performing and/or managing due diligence; drafting, reviewing, and negotiating term sheets, letters of intent, purchase agreements, and ancillary transactional documents, Board of Director resolutions, shareholder/member resolutions and consents, and entity charter documentation
Assisting with business entity governance, including, but not limited to, the formation and dissolution of corporate entities
Drafting and negotiating non-compete agreements, confidentiality agreements, and non-disclosure agreements, that are tailored to state-specific laws related to restrictive covenants and trade secrets
Working directly with executives of ABC Company and its internal clients to provide legal support on a variety of matters
Assisting with other internal corporate projects, as needed
Qualifications & skills
The candidate must demonstrate a commitment to working as a hands-on partner with a team-oriented approach and exhibit a passion for understanding ABC Company’s business and contribute in a meaningful way to its long-term strategic goals.
3-5 years of relevant legal experience obtained at a prominent law firm and/or sophisticated corporate legal department with a focus on corporate transactions
Ability to manage multiple projects with firm deadlines in a high growth, fast-paced, hands-on environment
Superior intellect, with the ability to think critically and make clear and well-reasoned decisions in complex situations
Strong, pragmatic business acumen (preferably with a finance background) with the ability to recognize the business consequences of legal advice
Excellent interpersonal, influencing, and relationship building skills and experience in dealing with people at all levels inside and outside of a high-growth company
High level of integrity and accountability. Takes initiative and is responsible to see projects and/or tasks through until completion
Superb oral and written communication and negotiation skills
Sample job description #2
The Law Offices of ABC Company is seeking one or more corporate attorneys to assist representation of the firm’s corporate clients in a variety of industries. Background or demonstrated interest in corporate tax or finance is a positive.
Expected duties include:
Researching and providing legal advice to clients
Learning the basic legal knowledge required of all corporate transactional lawyers
Building focused legal skills and industry-specific knowledge over time
Expected skills include:
Excellent analytical and writing skills
Ability to anticipate and understand the challenges that clients face
Ability to work collaboratively with a team
Willingness to take on direct client responsibilities and learn about clients, both their businesses and as individuals
Willingness to market both the firm and your own brand through written publications, speeches, seminars, and professional networking
Sample job description #3
The Tax Attorney will oversee the firm’s comprehensive risk management program, assessing and identifying risks that could impede the reputation, safety, security, or financial success of ABC Company.
Provide guidance and support on organizational legal issues and update CFO weekly
Review and respond to subpoenas
Ensure we are meeting all legal entity and professional filing requirements
Conduct annual legal training regarding corporate contract signing authority
Occasionally review RFPs to identify any risks or concerns and provide recommendations
Review and update firm PSAs
Develop background check process for vendors and customers
Review contracts and engagement letters to prevent potential disputes and financial risks
Collect and analyze data on historical losses to identify trends
Develop controls meant to minimize risk or loss and oversee implementation
Research and analyze laws and regulations
Assist in the review of insurance and risk management programs for effectiveness of coverage and to reduce insurance costs and losses
Bachelor’s degree in Business Law, Risk Management, Finance, or related field required
Licensed Attorney in the state of (State) or (State)
At least one year of related experience preferred
Thorough understanding of policies and best practices of corporate law regarding contracts and corporate structure law
Excellent interpersonal skills
Basic understanding of M&A law and HR law
Excellent analytical and problem-solving skills
Excellent organizational skills and attention to detail
Strong written and verbal communication skills
Ability to maintain confidentiality at all times
Average salary and compensation
The average salary for a tax attorney is $130,000 in the United States. Position salary will vary based on experience, education, company size, industry, and market.
Los Angeles, California
Minneapolis-St. Paul, Minnesota
New York City, New York
Sample interview questions
What area of tax law appeals to you the most?
Why are you interested in this role?
What are the most important skills for a tax attorney?
What methods do you use to prepare for a complex trial?
What is the most challenging case you have worked on?
Can you give an example of when your research skills made a difference in the outcome of a case?
How do you stay motivated?
How do you stay current with local, state, and federal tax laws and regulations?
What is your greatest strength? Your greatest weakness?
How would you prioritize your work when working on multiple cases at the same time?
How would you handle stress?
What mistakes have you learned from?
How do you go about sharing difficult information with a client?
How well do you perform under pressure?
Why would you excel at this job?
What is the best way to research complicated tax laws?
What accomplishment are you most proud of?
Where do you see your career in 5 years?
How would you give your client the best personal and professional help?
Are you more comfortable working as part of a team or alone?
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