Income tax expert vs tax associate

The differences between income tax experts and tax associates can be seen in a few details. Each job has different responsibilities and duties. Additionally, a tax associate has an average salary of $62,466, which is higher than the $39,306 average annual salary of an income tax expert.

The top three skills for an income tax expert include financial statements, tax software and tax returns. The most important skills for a tax associate are strong customer service, CPA, and tax planning.

Income tax expert vs tax associate overview

	Income Tax Expert	Tax Associate
Yearly salary	$39,306	$62,466
Hourly rate	$18.90	$30.03
Growth rate	-	6%
Number of jobs	34,945	42,019
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 58%	Bachelor's Degree, 56%
Average age	47	47
Years of experience	-	-

Income tax expert vs tax associate salary

Income tax experts and tax associates have different pay scales, as shown below.

	Income Tax Expert	Tax Associate
Average salary	$39,306	$62,466
Salary range	Between $20,000 And $74,000	Between $40,000 And $95,000
Highest paying City	-	Las Vegas, NV
Highest paying state	-	Nevada
Best paying company	-	Ropes & Gray
Best paying industry	-	Finance

Differences between income tax expert and tax associate education

There are a few differences between an income tax expert and a tax associate in terms of educational background:

	Income Tax Expert	Tax Associate
Most common degree	Bachelor's Degree, 58%	Bachelor's Degree, 56%
Most common major	Accounting	Accounting
Most common college	University of Southern California	University of Southern California

Income tax expert vs tax associate demographics

Here are the differences between income tax experts' and tax associates' demographics:

	Income Tax Expert	Tax Associate
Average age	47	47
Gender ratio	Male, 42.4% Female, 57.6%	Male, 36.4% Female, 63.6%
Race ratio	Black or African American, 11.1% Unknown, 4.0% Hispanic or Latino, 18.5% Asian, 9.6% White, 56.3% American Indian and Alaska Native, 0.6%	Black or African American, 9.6% Unknown, 4.0% Hispanic or Latino, 18.2% Asian, 10.2% White, 57.3% American Indian and Alaska Native, 0.6%
LGBT Percentage	8%	8%

Differences between income tax expert and tax associate duties and responsibilities

Income tax expert example responsibilities.

Manage the training and use of new FactSet products and enhancements with various client bases including portfolio management and performance teams.
Review domestic payroll reporting metrics, ensure home/host payments are updated and reconcile for timely submission and payment.
Start job by assisting TurboTax user's on how to enter information into the TurboTax program.

Tax associate example responsibilities.

Provide tax planning and preparation services for corporate, individual and high net-worth clients of this midsize CPA firm.
Implement process to identify and prepare the balances for W2 purposes at year end.
Prepare customer taxes from w-2's and other tax information, answer phones, print checks, filing
Resolve a major system problems with split process level errors so employee W2's and companies returns are correct.
Respond to inquiries from the IRS and other tax authorities regarding reconciliation of filings, liabilities, and other associate matters.
Advise clients on questions they have pertaining to their tax liabilities and ensure that they are compliant to the IRS regulations.

Income tax expert vs tax associate skills

Common income tax expert skills

Financial Statements, 10%
Tax Software, 10%
Tax Returns, 10%
Tax Season, 10%
Turbo, 9%
Income Tax Returns, 9%

Common tax associate skills

Strong Customer Service, 26%
CPA, 13%
Tax Planning, 6%
Taxation, 5%
Tax Research, 4%
Local Tax Returns, 4%