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Licensed tax consultant vs tax consultant

The differences between licensed tax consultants and tax consultants can be seen in a few details. Each job has different responsibilities and duties. Additionally, a tax consultant has an average salary of $66,737, which is higher than the $43,577 average annual salary of a licensed tax consultant.

The top three skills for a licensed tax consultant include clinical assessments, management system and property tax. The most important skills for a tax consultant are CPA, tax planning, and tax issues.

Licensed tax consultant vs tax consultant overview

Licensed Tax ConsultantTax Consultant
Yearly salary$43,577$66,737
Hourly rate$20.95$32.09
Growth rate-6%
Number of jobs41,83039,379
Job satisfaction--
Most common degreeBachelor's Degree, 57%Bachelor's Degree, 63%
Average age4747
Years of experience--

Licensed tax consultant vs tax consultant salary

Licensed tax consultants and tax consultants have different pay scales, as shown below.

Licensed Tax ConsultantTax Consultant
Average salary$43,577$66,737
Salary rangeBetween $27,000 And $69,000Between $47,000 And $93,000
Highest paying City-Hartford, CT
Highest paying state-Rhode Island
Best paying company-Cargill
Best paying industry-Finance

Differences between licensed tax consultant and tax consultant education

There are a few differences between a licensed tax consultant and a tax consultant in terms of educational background:

Licensed Tax ConsultantTax Consultant
Most common degreeBachelor's Degree, 57%Bachelor's Degree, 63%
Most common majorBusinessAccounting
Most common collegeUniversity of Southern CaliforniaUniversity of Southern California

Licensed tax consultant vs tax consultant demographics

Here are the differences between licensed tax consultants' and tax consultants' demographics:

Licensed Tax ConsultantTax Consultant
Average age4747
Gender ratioMale, 53.1% Female, 46.9%Male, 52.7% Female, 47.3%
Race ratioBlack or African American, 9.4% Unknown, 4.1% Hispanic or Latino, 17.9% Asian, 10.7% White, 57.4% American Indian and Alaska Native, 0.6%Black or African American, 10.5% Unknown, 4.1% Hispanic or Latino, 17.0% Asian, 10.4% White, 57.6% American Indian and Alaska Native, 0.6%
LGBT Percentage8%8%

Differences between licensed tax consultant and tax consultant duties and responsibilities

Licensed tax consultant example responsibilities.

  • Manage the training and use of new FactSet products and enhancements with various client bases including portfolio management and performance teams.
  • Review FSAR changes relate to 10 CFR 50.59 requirements.
  • Perform property inspections of commercial properties and create inspection reports illustrating the physical characteristics of say properties for assessment appeals purposes.
  • Gain knowledge of accounting principals, taxation policies and income tax procedures.
  • Perform monthly accounting for various entities including partnerships, s-corporations, trusts and foundations

Tax consultant example responsibilities.

  • Manage the training and use of new FactSet products and enhancements with various client bases including portfolio management and performance teams.
  • Maintain and generate the process of structuring and conducting business transactions to ensure that GAAP procedures are followed.
  • Develop, maintain, and ensure accounting policies and procedures are in accordance with company member agreements & GAAP.
  • Prepare returns and consult on tax and accounting issues for own clients as well as contract work for other CPA firms.
  • Work closely with CPA on data verification and documentations processing.
  • Save customers thousands of dollars on Mexico-U.S. cross-border taxation advisory.
  • Show more

Licensed tax consultant vs tax consultant skills

Common licensed tax consultant skills
  • Clinical Assessments, 19%
  • Management System, 18%
  • Property Tax, 12%
  • Tax Returns, 11%
  • Technical Assistance, 9%
  • License Agreements, 7%
Common tax consultant skills
  • CPA, 13%
  • Tax Planning, 7%
  • Tax Issues, 6%
  • Taxation, 6%
  • Tax Research, 5%
  • Income Tax Returns, 5%

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