Corporate tax preparer vs contract preparer

The differences between corporate tax preparers and contract preparers can be seen in a few details. Each job has different responsibilities and duties. Additionally, a corporate tax preparer has an average salary of $47,529, which is higher than the $40,071 average annual salary of a contract preparer.

Corporate tax preparer vs contract preparer overview

	Corporate Tax Preparer	Contract Preparer
Yearly salary	$47,529	$40,071
Hourly rate	$22.85	$19.26
Growth rate	6%	-5%
Number of jobs	36,530	8,493
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 67%	Bachelor's Degree, 54%
Average age	47	47
Years of experience	-	-

Corporate tax preparer vs contract preparer salary

Corporate tax preparers and contract preparers have different pay scales, as shown below.

	Corporate Tax Preparer	Contract Preparer
Average salary	$47,529	$40,071
Salary range	Between $31,000 And $71,000	Between $19,000 And $83,000
Highest paying City	Hoboken, NJ	-
Highest paying state	Rhode Island	-
Best paying company	Ernst & Young	-
Best paying industry	-	-

Differences between corporate tax preparer and contract preparer education

There are a few differences between a corporate tax preparer and a contract preparer in terms of educational background:

	Corporate Tax Preparer	Contract Preparer
Most common degree	Bachelor's Degree, 67%	Bachelor's Degree, 54%
Most common major	Accounting	Business
Most common college	University of Southern California	University of Pennsylvania

Corporate tax preparer vs contract preparer demographics

Here are the differences between corporate tax preparers' and contract preparers' demographics:

	Corporate Tax Preparer	Contract Preparer
Average age	47	47
Gender ratio	Male, 41.7% Female, 58.3%	Male, 37.8% Female, 62.2%
Race ratio	Black or African American, 9.1% Unknown, 3.8% Hispanic or Latino, 12.4% Asian, 8.3% White, 65.8% American Indian and Alaska Native, 0.5%	Black or African American, 9.1% Unknown, 3.8% Hispanic or Latino, 12.4% Asian, 8.3% White, 65.8% American Indian and Alaska Native, 0.5%
LGBT Percentage	8%	8%

Differences between corporate tax preparer and contract preparer duties and responsibilities

Corporate tax preparer example responsibilities.

Answer clients' accounting, QuickBooks, and tax concerns.
Handle all sales, franchise, payroll, and income tax reporting requirements, as well as, relate accounting spreadsheets.
Assist clients in responding to IRS letters.
Assist the manager in computing estimate tax payments and extension requests for all subsidiaries base on apportionment factors.
Reconcile and analyze various defer accounts and create necessary tax adjustments.
Prepare individual tax returns in a timely manner-assist with account reconciliations for clients-help track basis for clients-update clients fix asset accounts

Contract preparer example responsibilities.

Create operational efficiencies by effectively managing databases containing RFP library responses and approve responses to request revisions to form agreements.
Create operational efficiencies by effectively managing databases containing RFP library responses and approve responses to request revisions to form agreements.
Prepare bank reconciliations and general ledger maintenance for multiple clients using QuickBooks software.

Corporate tax preparer vs contract preparer skills

Common corporate tax preparer skills

Tax Research, 19%
Payroll, 12%
Individual Tax Returns, 10%
Financial Statements, 8%
Tax Provision, 7%
Journal Entries, 7%

Common contract preparer skills

Corporate Tax Preparer vs. similar jobs

Corporate Tax Preparer related careers

Corporate Tax Preparer related jobs

What similar roles do

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Corporate Tax Preparer
Corporate Tax Preparer vs Contract Preparer

Updated January 8, 2025

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