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View Poll Results: Is it possible to live off $54K in the Hartford area?
Yes 31 83.78%
No 6 16.22%
Voters: 37. You may not vote on this poll

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Old 11-01-2015, 05:38 PM
 
Location: Florida
11,669 posts, read 17,953,214 times
Reputation: 8239

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Quote:
Originally Posted by mlassoff View Post
I don't understand-- You were making over 70K here less than a year ago. Why aren't you looking in the same range? It's not like an employer will excuse your foray in to Ohio and subsequent termination because you're a cheaper than average accountant for Connecticut...

Base your search on your last Connecticut salary. Don't step backwards.
Well you're missing the point. If I was to stay in tax accounting, then yes, I will demand a salary closer to $70K in the Hartford area. But I'm talking about switching into general accounting, which pays less than tax accounting. Therefore, it will be virtually impossible to demand anywhere near $70K for that. I'd be looking at the $55-60K range most likely. Nonetheless, I will be applying to both general and tax accounting jobs.

 
Old 11-01-2015, 05:41 PM
 
Location: New London County, CT
8,949 posts, read 12,138,894 times
Reputation: 5145
Quote:
Originally Posted by nep321 View Post
Well you're missing the point. If I was to stay in tax accounting, then yes, I will demand a salary closer to $70K in the Hartford area. But I'm talking about switching into general accounting, which pays less than tax accounting. Therefore, it will be virtually impossible to demand anywhere near $70K for that. I'd be looking at the $55-60K range most likely. Nonetheless, I will be applying to both general and tax accounting jobs.
Isn't your masters in tax accounting?
 
Old 11-01-2015, 05:42 PM
 
Location: Florida
11,669 posts, read 17,953,214 times
Reputation: 8239
Quote:
Originally Posted by mlassoff View Post
Isn't your masters in tax accounting?
No. My master's is in accounting. It is a Master of Science in Accounting (MSA). However, some people choose to get a Master of Science in Taxation (MST). I chose the MSA route because I wanted something broader, which would hopefully open more doors.
 
Old 11-01-2015, 05:46 PM
 
34,058 posts, read 17,071,203 times
Reputation: 17212
Quote:
Originally Posted by mlassoff View Post
I don't understand-- You were making over 70K here less than a year ago. Why aren't you looking in the same range? It's not like an employer will excuse your foray in to Ohio and subsequent termination because you're a cheaper than average accountant for Connecticut...

Base your search on your last Connecticut salary. Don't step backwards.
Tax acctg pays more than General Acctg, and especially since he is a experienced tax acct, but a not experienced General Accountant. 50s for General in that region is typical.

Accounting salaries vary wildly; actuarial acctg can pass 100k, w/o being management.
 
Old 11-01-2015, 05:49 PM
 
Location: Florida
11,669 posts, read 17,953,214 times
Reputation: 8239
Quote:
Originally Posted by BobNJ1960 View Post
Tax acctg pays more than General Acctg, and especially since he is a experienced tax acct, but a not experienced General Accountant. 50s for General in that region is typical.
Plus, I fear that the field of tax accounting may not be around much longer. I mean, if Trump becomes president and abolishes the IRS, then I'm basically out of a job.

In Stamford, I was making a salary of $77K as a tax accountant at staff level.
 
Old 11-01-2015, 05:50 PM
 
Location: New London County, CT
8,949 posts, read 12,138,894 times
Reputation: 5145
Quote:
Originally Posted by nep321 View Post
Plus, I fear that the field of tax accounting may not be around much longer. I mean, if Trump becomes president and abolishes the IRS, then I'm basically out of a job.

In Stamford, I was making a salary of $77K as a tax accountant at staff level.
Not going to happen. It's a complex country. Tax code is complex. Oh well.
 
Old 11-01-2015, 05:54 PM
 
Location: Florida
11,669 posts, read 17,953,214 times
Reputation: 8239
Quote:
Originally Posted by mlassoff View Post
Not going to happen. It's a complex country. Tax code is complex. Oh well.
I have seriously considered switching out of tax accounting for the sole possibility that a Republican president will abolish the IRS. It would instantly put about 250,000 tax accountants out of work. But at least if I transitioned into general accounting, I wouldn't have to worry about whether the IRS continues to exist.
 
Old 11-01-2015, 05:55 PM
 
Location: Connecticut
34,939 posts, read 56,958,583 times
Reputation: 11229
Quote:
Originally Posted by mlassoff View Post
I don't understand-- You were making over 70K here less than a year ago. Why aren't you looking in the same range? It's not like an employer will excuse your foray in to Ohio and subsequent termination because you're a cheaper than average accountant for Connecticut...

Base your search on your last Connecticut salary. Don't step backwards.
He made that amount in Fairfield County but he does not want to return there. He is talking about Hartford or New Haven Counties where salaries will be lower. I assume this is going to be the absolute minimum he will accept though. Jay
 
Old 11-01-2015, 05:57 PM
 
Location: Florida
11,669 posts, read 17,953,214 times
Reputation: 8239
Quote:
Originally Posted by JayCT View Post
He made that amount in Fairfield County but he does not want to return there. He is talking about Hartford or New Haven Counties where salaries will be lower. I assume this is going to be the absolute minimum he will accept though. Jay
I would not even accept a job in New Haven county, even if it's in Meriden. I don't like NHC. It's too NYC-ish for me.

Anyway, you are right. There is no way that I would expect to receive an FFC salary up in Hartford, but that's fine, because it's cheaper to live there.
 
Old 11-01-2015, 05:57 PM
 
Location: Connecticut
34,939 posts, read 56,958,583 times
Reputation: 11229
Quote:
Originally Posted by mlassoff View Post
Not going to happen. It's a complex country. Tax code is complex. Oh well.
I agree. I can see the tax rates getting simpler but not being eliminated. Jay
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