Name: Joe Somogye
University: St. Mary’s University San Antonio – Undergraduate, St. Edward’s Univ. – M.B.A
Graduation Date: Spring 2019
Why did you choose to do an internship at Maxwell Locke & Ritter?
Choosing an internship with ML&R was a result of sheer luck and perfect timing. I was finishing my last MBA class when I received an email from a professor about ML&R’s need for an intern. I wanted a new challenge and could think of nothing more challenging than a tax internship with a highly respected accounting firm. I had experience as a senior level accountant in private industry and realized I wasn’t suited for that type of work and repetition. If I continued down that path, it would’ve burnt me out of the accounting professional altogether. Thus, I decided to give public accounting a try at ML&R!
What types of projects have you worked on and what have you learned during your internship?
I’ve prepared tax returns for individuals, trusts, partnerships, S corps, C corps, private foundations, and CRUTs. Since joining ML&R, I’ve learned everything from basic software features to tax return preparation to technical tax answers related to client transactions and events.
The most important thing I’ve learned is that everyone at this firm wants to help my development and will go out of their way even when they have a significantly larger workload. Never has there been a time during my internship where I felt “alone”; there’s always someone willing to guide and teach me.
What kinds of feedback have you received throughout your internship?
My team has given me positive and constructive feedback throughout my internship. The best feedback is the stream of constructive comments provided with every return or project. All associates have vast experience in the tax profession which allows them to explain even the smallest issue and lets me get a fuller picture of how to prepare tax returns. ML&R’s constructive feedback model gives me a true understanding of how to succeed as a tax professional. This is exciting for me because I can quantify my success and lay down a path to achieve my goals.
What have you enjoyed most about Maxwell Locke & Ritter?
I’ve enjoyed the people the most. Don’t get me wrong – the work is very enjoyable too, but everyone at ML&R is so unique and friendly. The associates and partners at ML&R have included me from the beginning, offering to take me to lunch, going to happy hour after work, sitting around the breakroom, grabbing coffee and chatting about upcoming weekend plans.
What has been most valuable about your internship?
The most valuable takeaway is a better understanding of taxation in general and the ability to manage a workload. Clearing projects for associates and watching the tax return flow through its process allows me to see the difference my internship is making. I love knowing I’m truly helping in a capacity that is essential for the firm to function as proficiently as it does.
What are your long-term career goals and what’s up next for you?
My long-term career goals are to continue working in the tax profession and develop a deep understanding of the concepts. At some point in my career, I plan to join the military in some capacity.
Most importantly, I want to be happy where I work. Making more money and having a bigger title do nothing for true happiness and a sense of responsibility that go along with a career.