Tax Accountant Interview Questions

Imagine you make a very complicated calculation in excel for a client who is going to make a decision. After you reviewed it a couple of times you notice you are going to save the client $10 million in taxes. You give it to your senior and your partner, who review your work. They agree on your calculation and tell the client about the tax savings and the meeting to finalize the transaction is tomorrow. It's 9 o'clock at night and you are finalizing the paperwork, and you suddenly realize you made a careless mistake on excel and instead of putting a minus, you put a plus, so the client is not going to save $10 million, but is going to owe $10 million. What do you do? How do you handle the situation?

Tell us about a time you worked in a diverse team, describe the task and the outcome.

What is your passion?

Why do you want to work at Fuller and Company?

tell me a time you solve the problem creatively!

Did I know of any co-workers and/or friends that might be looking for work (asked by the CFO)? I now know that this is b/c of such hight turn-over.

100% Individual tax compliance focused. Technical questions regarding limits, carryovers, credits, Schedule C issues vs pass-through issues, etc.. Unexpected questions were form numbers: what goes on what form---that was a little odd to ask a since I am a little heavy for the position and expected more theory-type questions.

Questions: What is the difference between a C and S-corp, and what was the limit on interested expense deduction, what is the limit on estates? That was it!