Master tax advisor vs licensed tax consultant

Differences between master tax advisor and licensed tax consultant duties and responsibilities

Master tax advisor example responsibilities.

• Process tax returns, assist clients with tax situations, instruct tax courses, and assist clients during IRS audits.
• Prepare and present audits to the IRS, in the appropriate manner, for clients when require.
• Research miscellaneous tax areas and regulations to prepare PowerPoint presentations for managers used in internal and external training.
• Complete several hundr hours of training in many areas of taxation.
• Prepare individual tax returns using ProSeries base upon documents and client provide information.

Licensed tax consultant example responsibilities.

• Manage the training and use of new FactSet products and enhancements with various client bases including portfolio management and performance teams.
• Review FSAR changes relate to 10 CFR 50.59 requirements.
• Perform property inspections of commercial properties and create inspection reports illustrating the physical characteristics of say properties for assessment appeals purposes.
• Gain knowledge of accounting principals, taxation policies and income tax procedures.
• Perform monthly accounting for various entities including partnerships, s-corporations, trusts and foundations