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What courses to take for an incoming tax SA?

Posted: Thu Jan 19, 2017 1:12 am
by Anonymous User
I'm currently a 2L with a SA offer locked down. Although things could obviously change, I will most likely wind up in the tax group. Should I attempt to take all of the tax courses offered by my school this spring or should I take a couple of easier fluff courses instead? Would it look better for me to come into the summer with all of the courses under my belt?

I am currently thinking about dropping international tax. The reason I want to drop it is because it is an extremely small class (around 15 people), has a forced curve, and is full of tax gunners. I was in a similar situation last semester with a different class and I got median pwned despite putting in a decent amount of effort. On the other hand, it seems like it would be topic that comes up a decent amount in practice.

Re: What courses to take for an incoming tax SA?

Posted: Thu Jan 19, 2017 1:15 am
by Anonymous User
Anonymous User wrote:I'm currently a 2L with a SA offer locked down. Although things could obviously change, I will most likely wind up in the tax group. Should I attempt to take all of the tax courses offered by my school this spring or should I take a couple of easier fluff courses instead? Would it look better for me to come into the summer with all of the courses under my belt?

I am currently thinking about dropping international tax. The reason I want to drop it is because it is an extremely small class (around 15 people), has a forced curve, and is full of tax gunners. I was in a similar situation last semester with a different class and I got median pwned despite putting in a decent amount of effort. On the other hand, it seems like it would be topic that comes up a decent amount in practice.
biz income tax

Re: What courses to take for an incoming tax SA?

Posted: Thu Jan 19, 2017 1:20 am
by Anonymous User
Anonymous User wrote:
Anonymous User wrote:I'm currently a 2L with a SA offer locked down. Although things could obviously change, I will most likely wind up in the tax group. Should I attempt to take all of the tax courses offered by my school this spring or should I take a couple of easier fluff courses instead? Would it look better for me to come into the summer with all of the courses under my belt?

I am currently thinking about dropping international tax. The reason I want to drop it is because it is an extremely small class (around 15 people), has a forced curve, and is full of tax gunners. I was in a similar situation last semester with a different class and I got median pwned despite putting in a decent amount of effort. On the other hand, it seems like it would be topic that comes up a decent amount in practice.
biz income tax
Already took partnership, will take corporate and financial instrument this semester.

Is international a must-take for the summer or can I hold off until 3L?

Re: What courses to take for an incoming tax SA?

Posted: Thu Jan 19, 2017 1:36 am
by BigZuck
Some firms don't even care if you take FIT, you can still do tax stuff. You likely don't need to take all those classes, especially not as a 2L. They probably won't expect you to know anything as a SA. You also won't know anything as an incoming associate so you might want to start disabusing yourself of the notion that any of these classes are crucial. Hell, they might not even be helpful.

Personally I'd just take stuff you're interested in/is easy/has the best curve, etc.

*This is just based on what I've seen so far, your firm might be different and YMMV I guess.

Re: What courses to take for an incoming tax SA?

Posted: Thu Jan 19, 2017 2:12 am
by Wol
Anonymous User wrote:
Anonymous User wrote:
Anonymous User wrote:I'm currently a 2L with a SA offer locked down. Although things could obviously change, I will most likely wind up in the tax group. Should I attempt to take all of the tax courses offered by my school this spring or should I take a couple of easier fluff courses instead? Would it look better for me to come into the summer with all of the courses under my belt?

I am currently thinking about dropping international tax. The reason I want to drop it is because it is an extremely small class (around 15 people), has a forced curve, and is full of tax gunners. I was in a similar situation last semester with a different class and I got median pwned despite putting in a decent amount of effort. On the other hand, it seems like it would be topic that comes up a decent amount in practice.
biz income tax
Already took partnership, will take corporate and financial instrument this semester.

Is international a must-take for the summer or can I hold off until 3L?
Not a must-take for your SA, but it's a fun class. Personal favorite class of all time.

My school doesn't even offer partnership or financial instruments (plus I didn't take international until 3L), and that didn't seem to hold me back for my summer. You probably don't have to worry too much about preparing for your SA.

Edit: maybe your firm is different though, I don't know.

Re: What courses to take for an incoming tax SA?

Posted: Thu Jan 19, 2017 1:27 pm
by nealric
Law schools are all over the map in terms of what tax classes they offer and what they call them. Your choices are a lot broader if you attend a school with a good tax LLM program.

For an SA, you aren't expected to know much. I did my SA with nothing but basic federal income tax. However, I think the general foundation you would want for a new tax associate are:

Federal Income Tax
Corporate Income Tax I (operations)
Corporate Inocme Tax II (M&A)
Partnership Tax
Tax Accounting
International (either combined inbound and outbound or separate courses for each)

Courses like taxation of financial instruments could be helpful or not depending on your firm's practice. You might also consider exempt organizations if your firm does any pension or exempt bond work.

Re: What courses to take for an incoming tax SA?

Posted: Thu Jan 19, 2017 1:34 pm
by Anonymous User
nealric wrote:Law schools are all over the map in terms of what tax classes they offer and what they call them. Your choices are a lot broader if you attend a school with a good tax LLM program.

For an SA, you aren't expected to know much. I did my SA with nothing but basic federal income tax. However, I think the general foundation you would want for a new tax associate are:

Federal Income Tax
Corporate Income Tax I (operations)
Corporate Inocme Tax II (M&A)
Partnership Tax
Tax Accounting
International (either combined inbound and outbound or separate courses for each)

Courses like taxation of financial instruments could be helpful or not depending on your firm's practice. You might also consider exempt organizations if your firm does any pension or exempt bond work.
Thanks! I think I'm going to drop international and keep financial instrument. I agree financial instrument is prob the less useful of the 2 but it's being taught by a rockstar professor that I've really enjoyed before. I'll probably take international in 3L when IDGAF about grades.

Re: What courses to take for an incoming tax SA?

Posted: Thu Jan 19, 2017 1:40 pm
by Anonymous User
Wol wrote: Not a must-take for your SA, but it's a fun class. Personal favorite class of all time.

My school doesn't even offer partnership or financial instruments (plus I didn't take international until 3L), and that didn't seem to hold me back for my summer. You probably don't have to worry too much about preparing for your SA.

Edit: maybe your firm is different though, I don't know.
Thanks! I'm def taking it for 3L but it might be a lot given I'm already taking Corp tax and Financial Instrument tax.

Re: What courses to take for an incoming tax SA?

Posted: Thu Jan 19, 2017 2:01 pm
by Anonymous User
Anonymous User wrote:I'm currently a 2L with a SA offer locked down. Although things could obviously change, I will most likely wind up in the tax group. Should I attempt to take all of the tax courses offered by my school this spring or should I take a couple of easier fluff courses instead? Would it look better for me to come into the summer with all of the courses under my belt?

I am currently thinking about dropping international tax. The reason I want to drop it is because it is an extremely small class (around 15 people), has a forced curve, and is full of tax gunners. I was in a similar situation last semester with a different class and I got median pwned despite putting in a decent amount of effort. On the other hand, it seems like it would be topic that comes up a decent amount in practice.
Courses with "tax" in them.

Re: What courses to take for an incoming tax SA?

Posted: Thu Jan 19, 2017 2:07 pm
by oliv8518
nealric wrote:Law schools are all over the map in terms of what tax classes they offer and what they call them. Your choices are a lot broader if you attend a school with a good tax LLM program.

For an SA, you aren't expected to know much. I did my SA with nothing but basic federal income tax. However, I think the general foundation you would want for a new tax associate are:

Federal Income Tax
Corporate Income Tax I (operations)
Corporate Inocme Tax II (M&A)
Partnership Tax
Tax Accounting
International (either combined inbound and outbound or separate courses for each)

Courses like taxation of financial instruments could be helpful or not depending on your firm's practice. You might also consider exempt organizations if your firm does any pension or exempt bond work.
RT all of this. Did my SA with only FIT as well and did just fine. The general consensus from the tax partners and associates was that taking Corporate, Partnership and International Tax would be sufficient for when you start

Re: What courses to take for an incoming tax SA?

Posted: Thu Jan 19, 2017 2:14 pm
by RaceJudicata
Something I did during my SA (another specialized area of law) that seemed to frame me in a good light:

Don't advertise that you have taken the course. Obviously, if someone asks, say that you have. But if someone says "hey do you know much about xyz" say "yeah, I know a bit, but i'd love to work on an assignment in that area to learn more." the assigning attorney will think you know nothing about the topic, and when you complete said assignment, you will seem (in their eyes) to have caught on quickly. This leaves a far better impression than saying "oh yeah, I've taken that class and got the book award!" only to turn around and do an average job with the assignment. Undersell and over deliver.