Talk about a creative way that you helped ease the tax burden for a business during your career. How did you help put this process into place?

How to Answer
1st Answer Example
2nd Answer Example

Modern corporate tax law allows organizations a lot of personal freedom to change the ways they do business to help lessen their taxes on a year to year basis. Your role with Freshfields Bruckhaus Deringer LLP could potentially entail you working with clients to find creative solutions to their tax issues and to get a better sense of how you would do this, your interviewer is looking to judge off of a prior example from your career. If you are new to the field or young in your career, it is okay to speak from the hypothetical 'what you would do' scenario.

"As you can see from my time working in private practice, a majority of my clients were running and operating small businesses and this client base was very vulnerable to heavy tax burdens. But fortunately, they were also open to the most lenient ways to be creative with their finances and process to help ease their tax burden. With a client a couple of years ago, I helped evaluate their situation of hiring seasonal employees and employees full-time that were laid off at certain times of the year. In the evaluation, it proved to be extremely more cost-effective to hire most employees as contractors to help lessen costs like Social Security and Medicare taxes while also making sense from their business perspective as well. I helped this client set up all necessary paperwork and processes for hiring contracted help moving forward in the future."

"With a large corporate client last year, I helped lead the educational side of training their finance staff to find deductions for depreciation of their equipment. Being a large manufacturer with a great deal of investment in capital equipment, they were missing out on this key loophole to corporate tax law and my education and insight helped them see a huge tax savings for that year."

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How to Answer: Talk about a creative way that you helped ease the tax burden for a business during your career. How did you help put this process into place?

Advice and answer examples written specifically for a Freshfields Bruckhaus Deringer LLP job interview.

2. Talk about a creative way that you helped ease the tax burden for a business during your career. How did you help put this process into place?

How to Answer

Modern corporate tax law allows organizations a lot of personal freedom to change the ways they do business to help lessen their taxes on a year to year basis. Your role with Freshfields Bruckhaus Deringer LLP could potentially entail you working with clients to find creative solutions to their tax issues and to get a better sense of how you would do this, your interviewer is looking to judge off of a prior example from your career. If you are new to the field or young in your career, it is okay to speak from the hypothetical 'what you would do' scenario.

Written by Ryan Brunner on June 10th, 2019

1st Answer Example

"As you can see from my time working in private practice, a majority of my clients were running and operating small businesses and this client base was very vulnerable to heavy tax burdens. But fortunately, they were also open to the most lenient ways to be creative with their finances and process to help ease their tax burden. With a client a couple of years ago, I helped evaluate their situation of hiring seasonal employees and employees full-time that were laid off at certain times of the year. In the evaluation, it proved to be extremely more cost-effective to hire most employees as contractors to help lessen costs like Social Security and Medicare taxes while also making sense from their business perspective as well. I helped this client set up all necessary paperwork and processes for hiring contracted help moving forward in the future."

Written by Ryan Brunner on June 10th, 2019

2nd Answer Example

"With a large corporate client last year, I helped lead the educational side of training their finance staff to find deductions for depreciation of their equipment. Being a large manufacturer with a great deal of investment in capital equipment, they were missing out on this key loophole to corporate tax law and my education and insight helped them see a huge tax savings for that year."

Written by Ryan Brunner on June 10th, 2019

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