We have noticed several trends in hiring tax professionals we want to share with you. There is a lot of opportunity for tax professionals as the demand is very high. For the purpose of this post, I want to address three areas of importance to any organization hiring a tax professional or any tax professional looking today.
What I will cover is high demand for tax professionals and the low number of tax professionals available; why companies are experiencing delays in finding the highly technical talent they need; and why compensation is an issue in attracting technically trained tax professionals.
The high demand for tax professionals today is largely a result of the Tax Cuts And Jobs Act turning the tax world upside down. The rules of engagement have changed while everyone is feeling their way around new tax rules, tax regulations and tax technology.