Income tax expert vs tax specialist

The differences between income tax experts and tax specialists can be seen in a few details. Each job has different responsibilities and duties. Additionally, a tax specialist has an average salary of $57,168, 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 specialist are IRS, customer service, and tax compliance.

Income tax expert vs tax specialist overview

	Income Tax Expert	Tax Specialist
Yearly salary	$39,306	$57,168
Hourly rate	$18.90	$27.48
Growth rate	-	-7%
Number of jobs	34,945	46,937
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 58%	Bachelor's Degree, 57%
Average age	47	47
Years of experience	-	-

Income tax expert vs tax specialist salary

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

	Income Tax Expert	Tax Specialist
Average salary	$39,306	$57,168
Salary range	Between $20,000 And $74,000	Between $36,000 And $88,000
Highest paying City	-	Stamford, CT
Highest paying state	-	Rhode Island
Best paying company	-	STMicroelectronics
Best paying industry	-	Finance

Differences between income tax expert and tax specialist education

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

	Income Tax Expert	Tax Specialist
Most common degree	Bachelor's Degree, 58%	Bachelor's Degree, 57%
Most common major	Accounting	Accounting
Most common college	University of Southern California	University of Southern California

Income tax expert vs tax specialist demographics

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

	Income Tax Expert	Tax Specialist
Average age	47	47
Gender ratio	Male, 42.4% Female, 57.6%	Male, 30.8% Female, 69.2%
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, 10.5% Unknown, 4.0% Hispanic or Latino, 17.8% Asian, 10.0% White, 57.1% American Indian and Alaska Native, 0.6%
LGBT Percentage	8%	8%

Differences between income tax expert and tax specialist 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 specialist example responsibilities.

Operate industry-specific taxation software to complete the tax returns.
Author of several articles on topics of international taxation.
Prepare and electronically file accurate and timely individual tax returns base on IRS regulations and company policies.
Conduct confidential interviews with individuals/couples using current IRS and state laws and manually or electronically file returns through proprietary software.
Prepare quarterly and annual tax accruals and return-to-provision calculations.
Analyze historical property tax for multiple internal divisions to accurately forecast current year expenses and support annual accruals.

Income tax expert vs tax specialist 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 specialist skills

IRS, 11%
Customer Service, 8%
Tax Compliance, 8%
Tax Issues, 7%
Taxation, 6%
Appeals, 6%