Breach on USAJOBS.COM

We have been informed that there has been a breach on the usajobs.com site. If you have created a password and used the site, it is possible that the hacker may gain access to any information you have entered. You may want to look at your account to ensure that this has not happened. We don't have any information beyond this.

Deloitte Recruiting

Unfortunately, due to the economy, Deloitte does not have the capacity to hire for the current recruiting cycle. Trent Erickson, who many of you met last fall at the Deloitte Workshop, has graciously offered to talk further with any students genuinely interested in working at an accounting firm, Deloitte in particular. Please let me know if you would like his contact information.

Job Strategy Workshop

The Job Strategy Workshop, which was originally scheduled for January 8, 2009, has been rescheduled to Thursday, February 26, 2009. It will be held at 12:00 PM in Room 115 B&C. This is a wonderful opportunity to talk with one of the recruiting attorneys from Garvey Schubert Barer about what firms look for in candidates.

Please email me if you plan to attend (hla3@u.washington.edu) and let me know your lunch selection from the following list:

Panini Lunch Boxes

1. Caprese: Roma tomatoes, fresh whole-milk mozzarella, olive oil and basil
2. Grilled Vegetable: Marinated and grilled eggplant, grilled zucchini, caramelized onion, roasted peppers, roma tomato and balsamic vinaigrette
3. Black Forest Ham: Dietz & Watson Black Forest Ham with gruyere, dijonnaise and lettuce
4. Roasted Chicken: Fresh roasted chicken breast, jarlsburg, sundried tomato aioli and lettuce
5. Roast Turkey: Dietz & Watson roast turkey breast with havarti, dijonnaise, lettuce and roma tomato

Salad Lunch Boxes

6. Mediterranean Chicken Salad: Sliced roasted chicken breast with green beans, roma tomatoes, yellow peppers, calamata olives, feta cheese, capers and fresh herbs
7. Gourmondo Salad: Mixed greens with rocquefort, candied walnuts, pears and sherry vinaigrette

Job Posting

The following job posting was posted on the WSBA Website for the Week of January 19, 2009:

Miller, Mertens & Comfort, PLLC, an AV-rated law firm in Tri-Cities, Washington, seeks an associate attorney for our business, transactional, estate planning, and real estate practice. A strong work ethic and desire to develop a practice in the Tri-Cities is required. An accounting and/or tax background would also be helpful, but is not required. Please send cover letter, résumé, law school transcript and references to Joel Comfort, Miller, Mertens & Comfort, PLLC, 1020 North Center Parkway, Suite B, Kennewick, WA 99336.

KPMG Interviews - Application Deadline February 13, 2009

Below you will find the job description and requirements for applying to KPMG. Please note that, in order to be considered for an interview, the following application materials must be completed and submitted to the UW Graduate Program in Taxation office no later than 5:00 PM on Friday, February 13, 2009:

1. Resume

2. Un-Official Transcripts (all post-high school transcripts)

3. University Recruiting Information Form (can be found at http://www.kpmgcampus.com/campus/interview/InformationRequestForm.asp)

4. KPMG Employment Application (can be found at www.kpmgcampus.com/reg)

Practice: International Tax
Title: Associate

KPMG LLP provides audit, tax and advisory services to a broad range of clients. KPMG’s commitment to its clients is demonstrated in our client service delivery approach with cross-functional teams that extend across industry segments. We are currently seeking Associates to join us in our Seattle office.

KPMG’s International Corporate Services (ICS) practice strives to help companies as they work to achieve tax efficiency in their international operations. From major multinationals already operating in several countries to small businesses planning their first foray abroad, companies face a daunting array of regulations and tax concerns that impact – and inform – their global business decisions. With international perspective and local experience, our ICS professionals provide practical advice on establishing new ventures and contracts, structuring overseas transactions in a tax-efficient manner, managing their effective tax rates, and maintaining compliance with tax and trade regulations.

Job Responsibilities:

• Outbound Transactional Structuring and Subpart F
• Inbound Transactional Structuring
• Check the Box Principles
• US Tax Treaty Research
• Repatriation Strategies
• Intellectual and Intangible Property Planning
• Hybrid Debt Structures
• FSC (Foreign Sales Corporation)/EIE (Extraterritorial Income Exclusion)
• Foreign Tax Credit Planning
• International Mergers and Acquisitions

Qualifications:

• Effective communication, leadership and time management skills
• Strong technical ability to help meet our business objectives
• Able to work as a team and strive for personal effectiveness and professionalism to maintain excellent client service
• Candidates should be pursuing a MST, JD, or LLM in Tax from an accredited college/university
• Strong academic credentials
• Substantial coursework in Corporate International Tax
• Passion for Corporate International Tax
• Strong planning and research skills

KPMG offers and supports flexible work arrangements as well as part-time schedules. We also offer a comprehensive compensation and benefits package.

KPMG. A great place to build your career.

To apply, follow the required procedures set forth above.

No phone calls or agencies please.

KPMG Affirmative Action, Equal Opportunity Employer, M/F/D/V. KPMG maintains a drug-free workplace.

© 2009 KPMG LLP, a U.S. limited liability partnership and a member firm of the KPMG network of independent member firms affiliated with KPMG International.

Vault Online Career Library

The following link will take you to Vault's Online Career Library, which includes a wealth of resources, including volumes dedicated to tax law, resume writing, and networking.

http://www.vault.com/cb/careerlib/careerlib_main.jsp?parrefer=6007

Federal Tax Policy Room Change

Federal Tax Policy will now meet in room 207.

Reasons to Consider State and Local Tax

The following information was provided to me by Reid Okimoto:

Did you know that career opportunities in state and local tax continue to grow despite the depressed economy? Here’s why. States are facing record deficits. Unlike the federal government, states cannot run a deficit and must balance the budget on an annual basis. In order to do that, states generally do three things: (1) pull from the “rainy-day” fund, (2) hire more people to audit, assesses, litigate and collect more taxes, or (3) change the tax codes. Either way, this creates work opportunities for new associates. In addition, companies are downsizing their support functions (i.e. legal, tax, and accounting) to eliminate “unnecessary” fixed costs. This does not decrease the overall amount of work that needs to be done. This is where the law firms and Big 4 accounting firms come in. The larger firms are often engaged as day-to-day tax advisors to help fill the gap left by the reduction in corporate work-force.

International Tax Course Materials

I know a few people didn't get a copy of the T516 course materials, but we ordered a few more and they are in room 434. Stop by whenever you get a chance.

Estate & Gift Textbooks

The T510 textbook is now available at the UW Bookstore. Sorry for the delay!

Room Changes

Advanced State and Local Tax - room 433
Income Taxation of Trusts & Estates - room 212/213
Federal Tax Policy - room 441

Teaching Position

The following job description is listed on the WSBA website:

Accounting – tenure-track positions – taxation. California Polytechnic State University, San Luis Obispo, California, Orfalea College of Business, Accounting Area, invites applications for full-time, academic year, assistant/associate/full professor tenure-track positions in taxation beginning September 14, 2009 (earlier or later starting date may be possible). Rank and salary is commensurate with qualifications and experience. Candidates must have any one of the following sets of qualifications: LLM in taxation or JD with significant professional experience in taxation. All applicants must have a strong record in or demonstrate potential for excellence in teaching and research . To apply, visit: www.calpolyjobs.org, complete a required online faculty application, and submit your application to Requisition #101805. Please attach a letter of interest, current curriculum vitae, and statement of teaching philosophy to the online application. Please see online posting for instructions on where to send three professional letters of recommendation. Open until filled; for full consideration, submit application by 03/06/2009. Applications received after that date may be considered. Cal Poly is strongly committed to achieving excellence through cultural diversity. The university actively encourages applications and nominations of all qualified individuals. EEO. Cal Poly is located in the beautiful central coast region of California and the university attracts excellent undergraduate students with an average GPA of 3.8 and SAT scores of 1250. Cal Poly's accounting area offers an MS in accounting with a tax emphasis as well as two undergraduate tax classes.

Career Forum

I just thought that I would re-post the following link to Tax Talent's career forum. It appears as though the majority of the questions posed are by current LL.M. students, and the replies/discussion may answer some of your questions or address some of your concerns.

http://www.taxtalent.com/forum/index.cfm?BeginShow=1&CAT=general

Reminder: Apply for Office of Chief Counsel Positions

Several of the Office of Chief Counsel positions referenced in last week's post close today; others close January 20, 2009. If you are interested in any of these positions, you will want to apply now.

Grades

I've had some questions about when grades are going to be posted, and I wanted to give you what little information I have. Grades are due to Academic Services January 19, and ideally, they will be posted during that week. Because of the weather over the break, some of the grades may be a little late. Check MyUW to see your grades when they've been posted.

Thanks!

IRS Office of Chief Counsel Positions

The following is a link to various IRS Office of Chief Counsel positions around the country.  Many of them close fairly soon (on or around January 7, 2009), so if you are interested, you will want to apply as soon as possible.

http://jobsearch.usajobs.gov/jobsearch.asp?re=3&pg=1&jbf574=TR93&fn=4466&FedEmp=N&sort=rv&vw=d&ss=0&brd=3876&FedPub=Y&caller=%2Fagency_search.asp