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Accountant internship vs tax accountant

The differences between accountant interns and tax accountants can be seen in a few details. Each job has different responsibilities and duties. It typically takes 2-4 years to become both an accountant internship and a tax accountant. Additionally, a tax accountant has an average salary of $62,142, which is higher than the $33,484 average annual salary of an accountant internship.

The top three skills for an accountant internship include R, account management and powerpoint. The most important skills for a tax accountant are CPA, tax audits, and income tax returns.

Accountant internship vs tax accountant overview

Accountant InternshipTax Accountant
Yearly salary$33,484$62,142
Hourly rate$16.10$29.88
Growth rate6%6%
Number of jobs82,92457,919
Job satisfaction--
Most common degreeBachelor's Degree, 80%Bachelor's Degree, 72%
Average age4444
Years of experience44

What does an accountant internship do?

An accounting intern is responsible for assisting an organization's accounting department, observing practical applications and processes, and performing accounting duties under the supervision of tenured accounting staff. Accounting interns support the accounting operations by preparing and organizing financial reports, helping with accounts reconciliation, researching financial and stock market trends, utilizing various accounting software, and managing feedback from their mentors. An accounting intern must be detail-oriented and a fast-learner, immediately adjusting to the company's culture and actively cooperating with the team to ensure a smooth flow of operations.

What does a tax accountant do?

A tax accountant is an individual who works with clients to produce tax return documents that follow tax laws and regulations while keeping them updated on their return information. Tax accountants must determine tax strategies for their clients that may minimize or eliminate tax payments while arranging audits with taxation authorities. They prepare tax documents for different clients, including private companies, non-profit organizations, and private individuals. Tax accountants are also required to obtain a bachelor's degree in accounting and should understand business concepts.

Accountant internship vs tax accountant salary

Accountant interns and tax accountants have different pay scales, as shown below.

Accountant InternshipTax Accountant
Average salary$33,484$62,142
Salary rangeBetween $24,000 And $45,000Between $45,000 And $83,000
Highest paying CityBellevue, WANew York, NY
Highest paying stateWashingtonNew York
Best paying companyNovogradacPacific Investment Management Company LLC
Best paying industryMediaFinance

Differences between accountant internship and tax accountant education

There are a few differences between an accountant internship and a tax accountant in terms of educational background:

Accountant InternshipTax Accountant
Most common degreeBachelor's Degree, 80%Bachelor's Degree, 72%
Most common majorAccountingAccounting
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Accountant internship vs tax accountant demographics

Here are the differences between accountant interns' and tax accountants' demographics:

Accountant InternshipTax Accountant
Average age4444
Gender ratioMale, 46.4% Female, 53.6%Male, 47.3% Female, 52.7%
Race ratioBlack or African American, 7.6% Unknown, 3.9% Hispanic or Latino, 9.9% Asian, 18.4% White, 59.8% American Indian and Alaska Native, 0.5%Black or African American, 8.2% Unknown, 3.9% Hispanic or Latino, 10.5% Asian, 15.5% White, 61.4% American Indian and Alaska Native, 0.5%
LGBT Percentage7%7%

Differences between accountant internship and tax accountant duties and responsibilities

Accountant internship example responsibilities.

  • Develop and manage CRM system to identify cross sell and up sell opportunities.
  • Create RFP responses for IDHN's to achieve a more compliant, long term agreement.
  • Work with manage care, medical reimbursement and Medicaid issues/challenges.
  • Perform market research, creating a client PowerPoint presentation with competitive intelligence.
  • Leverage senior role to train and mentor associates with day-to-day performance.
  • Support sales team to deliver presentations, premise visits and RFP preparations.
  • Show more

Tax accountant example responsibilities.

  • Utilize QuickBooks to manage client data and prepare necessary financial statements.
  • Manage and prepare sales and use tax account reconciliations and property tax liability accounts and prepare corresponding journal entries.
  • Prepared/Review financial statements according to GAAP and propose adjusting entries for clients.
  • Prepare tax returns for corporations, partnerships, non-profit organizations and individuals.
  • Work with various accounting departments, with duties such as account reconciliations, customer service, and administrative/clerical positions.
  • SAP, ONESOURCE, YESWIN, and BSAEfiling
  • Show more

Accountant internship vs tax accountant skills

Common accountant internship skills
  • R, 9%
  • Account Management, 8%
  • PowerPoint, 8%
  • Renewable Energy, 8%
  • Journal Entries, 5%
  • Payroll, 4%
Common tax accountant skills
  • CPA, 9%
  • Tax Audits, 4%
  • Income Tax Returns, 4%
  • Tax Research, 4%
  • Reconciliations, 4%
  • Financial Statements, 4%

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