Tax accounting firms focus on the rules and regulations that the Internal Revenue Code mandates. These regulations are used to help individuals and companies to process in preparing their tax documents. Standard accounting methods differ from what tax methods are allowed to be used when preparing tax returns. These tax accounting firms focus on understanding by keeping up to date on the latest rules and codes to be used for international, federal, state and local tax laws when preparing yearly returns. To work as a tax accounting employee, most firms require an individual to hold a bachelor degree in accounting, some require a master’s degree in accounting or taxation. While working in this field, the individual will be able to file reports with United States Securities and Exchange Commission, and the tax return professional must hold a certificate showing they are a Certified Public Accountant by their states board. Some firms or businesses that focus on preparing tax returns offer their own tax courses for their employees and affiliates. To name a few job titles that you will find within this area of tax accounting firms will be: a tax accountant, senior tax accountant, tax manager, tax director, tax research manager, tax supervisor, certified income tax preparer (CTP), certified public accountant (CPA), or even a licensed tax consultant. International Financial Reporting Standards will greatly impact tax firm preparers. “It will be important for tax return preparers to understand any differences between the old book reporting method and the International Financial Reporting Standards reporting method to ensure the proper treatment for tax reporting purposes.” (Nevius, Allstair M, page 1) H&R Block, Thomson Reuters, and Jackson Hewitt are just a few firms within this area. These accounting firms offer tax services with other type of services which make them more