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Licensed tax consultant vs tax specialist

The differences between licensed tax consultants 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 $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 specialist are IRS, customer service, and tax compliance.

Licensed tax consultant vs tax specialist overview

Licensed Tax ConsultantTax Specialist
Yearly salary$43,577$57,168
Hourly rate$20.95$27.48
Growth rate--7%
Number of jobs41,83046,937
Job satisfaction--
Most common degreeBachelor's Degree, 57%Bachelor's Degree, 57%
Average age4747
Years of experience--

Licensed tax consultant vs tax specialist salary

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

Licensed Tax ConsultantTax Specialist
Average salary$43,577$57,168
Salary rangeBetween $27,000 And $69,000Between $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 licensed tax consultant and tax specialist education

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

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

Licensed tax consultant vs tax specialist demographics

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

Licensed Tax ConsultantTax Specialist
Average age4747
Gender ratioMale, 53.1% Female, 46.9%Male, 30.8% Female, 69.2%
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, 4.0% Hispanic or Latino, 17.8% Asian, 10.0% White, 57.1% American Indian and Alaska Native, 0.6%
LGBT Percentage8%8%

Differences between licensed tax consultant and tax specialist 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 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.
  • Show more

Licensed tax consultant vs tax specialist 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 specialist skills
  • IRS, 11%
  • Customer Service, 8%
  • Tax Compliance, 8%
  • Tax Issues, 7%
  • Taxation, 6%
  • Appeals, 6%

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