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Master tax advisor vs certified public accountant

The differences between master tax advisors and certified public accountants can be seen in a few details. Each job has different responsibilities and duties. Additionally, a certified public accountant has an average salary of $76,693, which is higher than the $44,931 average annual salary of a master tax advisor.

The top three skills for a master tax advisor include individual tax returns, income tax returns and IRS. The most important skills for a certified public accountant are CPA, customer service, and IRS.

Master tax advisor vs certified public accountant overview

Master Tax AdvisorCertified Public Accountant
Yearly salary$44,931$76,693
Hourly rate$21.60$36.87
Growth rate-6%
Number of jobs73,41678,792
Job satisfaction--
Most common degreeBachelor's Degree, 59%Bachelor's Degree, 69%
Average age4744
Years of experience-4

Master tax advisor vs certified public accountant salary

Master tax advisors and certified public accountants have different pay scales, as shown below.

Master Tax AdvisorCertified Public Accountant
Average salary$44,931$76,693
Salary rangeBetween $22,000 And $88,000Between $49,000 And $119,000
Highest paying City-Washington, DC
Highest paying state-New Jersey
Best paying company-Applied Materials
Best paying industry-Finance

Differences between master tax advisor and certified public accountant education

There are a few differences between a master tax advisor and a certified public accountant in terms of educational background:

Master Tax AdvisorCertified Public Accountant
Most common degreeBachelor's Degree, 59%Bachelor's Degree, 69%
Most common majorAccountingAccounting
Most common collegeUniversity of Southern CaliforniaUniversity of Pennsylvania

Master tax advisor vs certified public accountant demographics

Here are the differences between master tax advisors' and certified public accountants' demographics:

Master Tax AdvisorCertified Public Accountant
Average age4744
Gender ratioMale, 53.1% Female, 46.9%Male, 43.2% Female, 56.8%
Race ratioBlack or African American, 8.8% Unknown, 4.2% Hispanic or Latino, 14.0% Asian, 11.7% White, 60.7% American Indian and Alaska Native, 0.6%Black or African American, 8.5% Unknown, 4.0% Hispanic or Latino, 10.8% Asian, 12.4% White, 64.0% American Indian and Alaska Native, 0.5%
LGBT Percentage8%7%

Differences between master tax advisor and certified public accountant duties and responsibilities

Master tax advisor example responsibilities.

  • Process tax returns, assist clients with tax situations, instruct tax courses, and assist clients during IRS audits.
  • Prepare and present audits to the IRS, in the appropriate manner, for clients when require.
  • Research miscellaneous tax areas and regulations to prepare PowerPoint presentations for managers used in internal and external training.
  • Complete several hundr hours of training in many areas of taxation.
  • Prepare individual tax returns using ProSeries base upon documents and client provide information.

Certified public accountant example responsibilities.

  • Mentor highly skil accounting and tax management team to achieve establish objectives including conformity with GAAP compliance.
  • Maintain monthly client bookkeeping including bank reconciliations, account payable and prepare preliminary financial statements for CPA review.
  • Conduct bookkeeping, bank reconciliations and generate general ledgers as well as raise concerns about expenditure classifications and revenue recognition.
  • Prepare and review month-end close, including journal entries, general ledger account reconciliations, and financial statement supporting documentation.
  • Gain a working knowledge of audit objectives and procedures in compliance with GAAP and GAAS.
  • Prepare and monitor audit programs, assist management in design and monitoring of SOX compliance programs.
  • Show more

Master tax advisor vs certified public accountant skills

Common master tax advisor skills
  • Individual Tax Returns, 38%
  • Income Tax Returns, 17%
  • IRS, 10%
  • Business Tax Returns, 4%
  • Tax Season, 4%
  • Audit Assistance, 3%
Common certified public accountant skills
  • CPA, 48%
  • Customer Service, 22%
  • IRS, 7%
  • State Tax Returns, 5%
  • Payroll Tax Returns, 2%
  • Financial Statement Preparation, 1%

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