Skip to content
"Tax Accountant: Career and Salary Information." Read The Balance's editorial policies. Certification demonstrates an additional level of professionalism and talent. In their late career (20 years and higher), employees earn an average total compensation of $70,330.Employees with Tax Accountant in their job title in New York, New York earn an average of 14.6% more than the national average. Accountants who are self-employed may need to work longer hours during tax time than accountants employed in other sectors. The minimum educational requirement for a tax accountant position is usually a bachelor's degree in accounting. May specialize according to particular service performed or type of product manufactured.prepare tax returns for individuals or small businesses.appraise automobile or other vehicle damage to determine repair costs for insurance claim settlement. Tax accountants often devise tax strategies to defer or eliminate tax payments, coordinate audits with various taxation authorities, and advise corporate management of taxation strategies. Interested individuals should have strong math skills and enjoy performing analyses. The Internal Revenue Service may employ some accountants. In many cases, an auditor salary can also be quite lucrative.Both accountants and auditors should be detail oriented. Public accountants are responsible for providing tax, accounting, consulting, and auditing services for corporations, governments, individuals, and nonprofit organizations.
An auditor may also make recommendations to improve procedures and policies. Individuals interested in becoming accountants can usually expect their salary to increase with experience and qualifications. Salaries are towards the higher end of the scale in London and the South East. An accountant may also work with private individuals to review tax records. Ways to do this include earning a master’s degree in accounting or a certification in an accounting specialization. Internal auditors examine an organization’s internal controls and investigate to detect mismanagement, inaccuracy, and fraud.Persons interested in the accounting field but looking for a more exciting career path might consider one of the following options:A forensic accountant is responsible for detecting financial fraud and seeing to it that those committing financial fraud are put in prison.
Students must look for programs and coursework directly related to tax work. A mid-career Tax Accountant with 5-9 years of experience earns an average total compensation of $63,626 based on 458 salaries. Reported salaries are highest at Niagara Bottling, LLC where the average pay is $63,465.
Get a quick view of the requirements as...The IRS released findings last week from their 2008 survey of U.S. colleges and universities. Furthermore, colleges and universities also usually provide job listings and networking opportunities to assist new graduates in landing their first jobs.After accountants obtain their first jobs, it’s still important to think about ways to expand one’s career opportunities. (Tax Accountant: Career and Salary Information.) The four parts of the exam are:The American Institute of Certified Public Accountants prepares the CPA exam and designs it to be a challenging barrier to career entry. Even so, this profession typically has a relatively high level of satisfaction.To become an accountant or auditor, you will typically need at least a bachelor’s degree in finance, accounting, or a related discipline.