Caroline Ciraolo and Abigail Burke co-wrote an article for Bloomberg Tax, “How Tax Pros Can Shift from Government to Private Sector Work.”
The article addresses the recent reductions in the federal workforce that are forcing many skilled and experienced tax professionals to consider transitioning from public service to private practice, and how those tax professionals can best position themselves for new roles.
In their article, Caroline and Abigail acknowledge some common concerns of government attorneys about the prospect of representing taxpayers who are either out of tax compliance or seeking to minimize their tax burden, advocating against former government colleagues, identifying and engaging clients, and finding fulfillment in the for-profit practice of law.
The article provides practical advice for how to navigate these issues and succeed in private practice. For example, the duo writes, “While clients appreciate the experience and insight former government attorneys bring to a matter, they may wonder if their attorney can “switch sides” and play for the defense. Knowing how the government will approach a factual or legal issue is invaluable, but clients expect this information to pair with opposing arguments and lead to potential solutions.”
The article also provides tips for the transition, such as preparing a business plan and getting involved in professional organizations for educational programs, networking, and speaking and publishing opportunities.
Despite the challenges faced by former federal tax professionals, Caroline and Abigail note that the private sector tax bar is eager to hire experienced former government professionals. “There are unlimited opportunities, and your new colleagues stand ready to welcome you into the fold,” they write.
You can read the complete article here.
About Caroline
Caroline is a former Acting Assistant Attorney General of the U.S. Department of Justice’s Tax Division. She focuses her practice on federal and state civil tax controversies, including representation in sensitive audits, administrative appeals, and litigation, providing tax advice, conducting internal investigations, and representing individuals and entities in criminal tax investigations and prosecutions.
About Abigail
Abby’s practice focuses on white-collar defense and tax controversy. She has assisted clients at all stages of the civil and criminal process, from investigation and sentencing to IRS audits and appeals. Abby is an active member of the ABA Tax Section, where she is a vice-chair of the Women in Tax Forum.