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Business taxes specialist vs tax accountant

The differences between business taxes specialists 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 a business taxes specialist and a tax accountant. Additionally, a tax accountant has an average salary of $62,142, which is higher than the $60,859 average annual salary of a business taxes specialist.

The top three skills for a business taxes specialist include business licenses, income statement and troubleshoot. The most important skills for a tax accountant are CPA, tax audits, and income tax returns.

Business taxes specialist vs tax accountant overview

Business Taxes SpecialistTax Accountant
Yearly salary$60,859$62,142
Hourly rate$29.26$29.88
Growth rate6%6%
Number of jobs49,60557,919
Job satisfaction--
Most common degreeBachelor's Degree, 62%Bachelor's Degree, 72%
Average age4444
Years of experience44

Business taxes specialist vs tax accountant salary

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

Business Taxes SpecialistTax Accountant
Average salary$60,859$62,142
Salary rangeBetween $36,000 And $102,000Between $45,000 And $83,000
Highest paying City-New York, NY
Highest paying state-New York
Best paying company-Pacific Investment Management Company LLC
Best paying industry-Finance

Differences between business taxes specialist and tax accountant education

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

Business Taxes SpecialistTax Accountant
Most common degreeBachelor's Degree, 62%Bachelor's Degree, 72%
Most common majorAccountingAccounting
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Business taxes specialist vs tax accountant demographics

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

Business Taxes SpecialistTax Accountant
Average age4444
Gender ratioMale, 32.4% Female, 67.6%Male, 47.3% Female, 52.7%
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, 8.2% 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 business taxes specialist and tax 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.

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

Business taxes specialist vs tax accountant skills

Common business taxes specialist skills
  • Business Licenses, 46%
  • Income Statement, 32%
  • Troubleshoot, 22%
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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