How much does a tax manager make a year?

The biggest influences on pay that a tax manager has control over are education and experience. A tax manager who is just starting out in their career as a tax manager with a master's degree has an average salary of $91,000 in a year. Meanwhile, a tax manager with a bachelor's degree will typically make around $70,000 in a year.

In addition to this, a tax manager with ten or more years of experience will often earn in the six figures, while an entry-level tax manager only makes around $70,000 in a year.

Location also influences salary levels, with tax managers living in major metropolitan areas in the northeast and on the west coast making significantly more than those who live in smaller cities in the midwest.

Finally, industry and company influence the salary of tax managers. A tax manager working at a Big Four accounting firm will typically make less than those who work for hedge funds and investment firms but more than those working for local governments.