What are the job prospects in the field of taxation?

What are the job prospects in the field of taxation?

Getting a job in taxation is very profitable for aspirants in this field. But it all depends upon one’s academic background along with working experience in taxation, jobs can be found anywhere in the world. Opportunities increase with the increase in experience in performing complex tax audits. There are both kinds of jobs; aggressive taxation jobs such as lawyers and criminal or defence attorneys and laid back jobs such as filing tax returns for corporations, the range is wide in this field. Any interested individual can join an organisation as Tax Accountant, Employment Tax Specialists, State Local Tax Attorney specialists, Revenue Agents etc or can work independently as a consultant. The primary role of a tax consultant is to advice clients on how to go about filing their taxes to government, which also involves complete support and assistance to their clients in their fundamental tax planning.
Income Revenue Service officers (IRS) is another job prospect which deals with the collection, administration and policy formation of direct (income, corporate, wealth, etc) and indirect (central excise, service tax and customs duty). IRS officers start with the normal post of Assistant Commissioner, and rise up to the level of Chief Commissioner, with the senior most ones reaching the post of member/chairperson of CBDT and equivalent institutions. Working for the Income Tax department means that an individual is a part of a tax –collection process that is the fulcrum of the country’s most vital programmes.