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Business taxes specialist vs accountant

The differences between business taxes specialists and accountants can be seen in a few details. Each job has different responsibilities and duties. It typically takes 2-4 years to become both a business taxes specialist and an accountant. Additionally, a business taxes specialist has an average salary of $60,859, which is higher than the $54,890 average annual salary of an accountant.

The top three skills for a business taxes specialist include business licenses, income statement and troubleshoot. The most important skills for an accountant are reconciliations, general ledger accounts, and account reconciliations.

Business taxes specialist vs accountant overview

Business Taxes SpecialistAccountant
Yearly salary$60,859$54,890
Hourly rate$29.26$26.39
Growth rate6%6%
Number of jobs49,60560,073
Job satisfaction-3
Most common degreeBachelor's Degree, 62%Bachelor's Degree, 71%
Average age4444
Years of experience44

Business taxes specialist vs accountant salary

Business taxes specialists and accountants have different pay scales, as shown below.

Business Taxes SpecialistAccountant
Average salary$60,859$54,890
Salary rangeBetween $36,000 And $102,000Between $41,000 And $72,000
Highest paying City-Washington, DC
Highest paying state-New York
Best paying company-Meta
Best paying industry-Technology

Differences between business taxes specialist and accountant education

There are a few differences between a business taxes specialist and an accountant in terms of educational background:

Business Taxes SpecialistAccountant
Most common degreeBachelor's Degree, 62%Bachelor's Degree, 71%
Most common majorAccountingAccounting
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Business taxes specialist vs accountant demographics

Here are the differences between business taxes specialists' and accountants' demographics:

Business Taxes SpecialistAccountant
Average age4444
Gender ratioMale, 32.4% Female, 67.6%Male, 38.2% Female, 61.8%
Race ratioBlack or African American, 8.6% Unknown, 4.0% Hispanic or Latino, 11.0% Asian, 12.2% White, 63.8% American Indian and Alaska Native, 0.5%Black or African American, 8.6% Unknown, 4.0% Hispanic or Latino, 10.9% Asian, 15.0% White, 61.1% American Indian and Alaska Native, 0.5%
LGBT Percentage7%7%

Differences between business taxes specialist and accountant duties and responsibilities

Business taxes specialist example responsibilities.

  • Manage a combination of commercial and personal banking relationships, and promote cross-selling across multiple product lines.
  • Resolve various tax issues including client representation through practice before the audit, collections and appeals offices of the IRS.
  • Possess working knowledge of QuickBooks, Peachtree and TaxWise accounting software packages.
  • Update monthly strategy report in SharePoint database.
  • Provide monthly performance numbers for variety of mutual funds both internally for portfolio management, marketing and external reporting agencies.
  • Manage a combination of commercial and personal banking relationships, and promote cross-selling across multiple product lines.

Accountant example responsibilities.

  • Manage preparation of the statutory financial statements and financial aggregates in compliance with IFRS and local applicable norms.
  • Manage personnel financial matters including salaries, taxation procedures and other relate issues.
  • Manage and monitor accounting procedures for compliance with Sarbanes-Oxley and coordinate and facilitate external audit requirements.
  • Reconstruct and improve many balance sheet account reconciliations for easier reading and interpretation by senior level management.
  • Perform complex general accounting functions, including preparation of journal entries, account analysis and balance sheet reconciliations.
  • Maintain general ledgers and preparation of monthly and other periodic financial reports in accordance with GAAP and international accounting standards.
  • Show more

Business taxes specialist vs accountant skills

Common business taxes specialist skills
  • Business Licenses, 46%
  • Income Statement, 32%
  • Troubleshoot, 22%
Common accountant skills
  • Reconciliations, 14%
  • General Ledger Accounts, 6%
  • Account Reconciliations, 6%
  • GAAP, 5%
  • Payroll Tax Returns, 5%
  • Customer Service, 5%

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