Fired after 6 months
I was working for a regional firm as a tax associate preparing tax returns I felt like I was doing good on the individual and the trust side, but what really was my downfall I believe was the partnership and business returns. I would often go over the budget time trying to get the return to tie out to the grouping. I always was not sure about what adjusting journal entries needed to be made. And I would sometimes mess up importing the trial balance with getting it in the correct format. also, when making the adjusting journal entries, I struggled with knowing what accounts to hit . And if new accounts needed to be made, I had trouble with that too. We would use access for our tax software and I would have trouble getting the return to tie back to the tax grouping. I was often unclear if something was a TJE or FTJE or RJE and where to put them into the return. Another section that was confusing to me was the M1 M2 section and the expenses on books not on return or non-deductible expenses or income on return not on books ect. feel like I could have gotten it if I was given more time, but the senior manager I was working with would often sigh when we were on teams calls, and I was asking question. I wanted to get my CPA, but this is really discouraging. This is also my second tax position I have gotten let go from the first one was because I was not meeting the chargeable hour goal, but I did not even have enough work to meet it in the first place. Any advice is much needed and would be appreciated about how I should proceed. When I would ask my fellow associates for help they were often too busy with their own work and the senior I was working with was really disengage and ended up leaving later.