Want to know what it’s like to be a Tax Associate at Peterson Sullivan? Read below to learn all about what a typical day looks like at PS from the perspective of Tax Associate Dalton Russell!

A variety of tasks can fill up a normal day at PS:

  • Prepare individual, partnership, s-corp, corporate, trust, gift, and estate tax returns
  • Update fixed asset schedules and create depreciation reports
  • Prepare Form 3115’s (Change in Accounting Method)
  • Prepare Form 2848’s (Power of Attorney)
  • Write letters to the IRS for clients
  • Research unique tax issues affecting clients
  • Conduct fieldwork at auto dealership clients
  • Attend relevant CPE training courses

Every Tax Associate’s day looks a little different, but below is what my schedule looks like on a typical day:

7:00am – 8:00am

  • Get to the office
  • Grab breakfast from one of the kitchens (fruit, oatmeal, cereal, or granola bars)
  • Catch up with coworkers
  • Read through emails for any firm updates, tax updates, or updates on current assignments
  • Reach out to the Resource Manager or Tax Managers for more work if workload is low

8:00am – 11:30am

  • Start preparing tax returns by organizing workpapers provided by client and entering applicable information into the tax software
  • Create a list of questions throughout preparing the return
  • Once at a stopping point in the return, reach out to the AIC (Accountant in Charge) with questions.
  • If no questions (unlikely), then print a draft of the return and send to review
  • Keep AICs up to date on the progress of assignments

11:30am – 12:30pm

  • Eat lunch with coworkers, either at a spot downtown or in the office lunchroom

12:30pm – 3:30pm (Busy Season: 12:30pm – 4:30pm/5:30pm)

  • Check for any updates on current projects
  • Either continue working on a return, updating a return with new information, or starting a new one
  • Go through any review points received on current assignments and asking for guidance on unfamiliar points
  • Update return with review points, create a second draft, conduct a thorough self-review and send back for second review

3:30pm – 4:00 pm (Busy Season: 4:30pm/5:30pm – 5:00pm/6:00pm)

  • Wrap up any remaining work or get to a good stopping point
  • Check on remaining projects and create a priority list for the next day
  • Enter daily time broken out between billable and nonbillable hours
  • Go home

Other PS-Related Activities

  • Study for CPA exam whenever possible
  • Hangout with coworkers at happy hours (both in-house and out of office)
  • Attend work-sponsored events, such as WSCPA or AICPA networking events
  • Participate in campus recruiting events at one of PS’ partner campuses
  • Play on one of the many PS sports teams (softball is a personal favorite!)

This is only a quick snapshot of my normal day, but there is so much more to being Tax Associate at PS! If you are interested in learning more, please reach out to me at drussell@pscpa.com