Master tax advisor vs corporate tax preparer

The differences between master tax advisors and corporate tax preparers can be seen in a few details. Each job has different responsibilities and duties. Additionally, a corporate tax preparer has an average salary of $47,529, 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 corporate tax preparer are tax research, payroll, and individual tax returns.

Master tax advisor vs corporate tax preparer overview

	Master Tax Advisor	Corporate Tax Preparer
Yearly salary	$44,931	$47,529
Hourly rate	$21.60	$22.85
Growth rate	-	6%
Number of jobs	73,416	36,530
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 59%	Bachelor's Degree, 67%
Average age	47	47
Years of experience	-	-

Master tax advisor vs corporate tax preparer salary

Master tax advisors and corporate tax preparers have different pay scales, as shown below.

	Master Tax Advisor	Corporate Tax Preparer
Average salary	$44,931	$47,529
Salary range	Between $22,000 And $88,000	Between $31,000 And $71,000
Highest paying City	-	Hoboken, NJ
Highest paying state	-	Rhode Island
Best paying company	-	Ernst & Young
Best paying industry	-	-

Differences between master tax advisor and corporate tax preparer education

There are a few differences between a master tax advisor and a corporate tax preparer in terms of educational background:

	Master Tax Advisor	Corporate Tax Preparer
Most common degree	Bachelor's Degree, 59%	Bachelor's Degree, 67%
Most common major	Accounting	Accounting
Most common college	University of Southern California	University of Southern California

Master tax advisor vs corporate tax preparer demographics

Here are the differences between master tax advisors' and corporate tax preparers' demographics:

	Master Tax Advisor	Corporate Tax Preparer
Average age	47	47
Gender ratio	Male, 53.1% Female, 46.9%	Male, 41.7% Female, 58.3%
Race ratio	Black 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, 9.1% Unknown, 3.8% Hispanic or Latino, 12.4% Asian, 8.3% White, 65.8% American Indian and Alaska Native, 0.5%
LGBT Percentage	8%	8%

Differences between master tax advisor and corporate tax preparer 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.

Corporate tax preparer example responsibilities.

Answer clients' accounting, QuickBooks, and tax concerns.
Handle all sales, franchise, payroll, and income tax reporting requirements, as well as, relate accounting spreadsheets.
Assist clients in responding to IRS letters.
Assist the manager in computing estimate tax payments and extension requests for all subsidiaries base on apportionment factors.
Reconcile and analyze various defer accounts and create necessary tax adjustments.
Prepare individual tax returns in a timely manner-assist with account reconciliations for clients-help track basis for clients-update clients fix asset accounts

Master tax advisor vs corporate tax preparer 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 corporate tax preparer skills

Tax Research, 19%
Payroll, 12%
Individual Tax Returns, 10%
Financial Statements, 8%
Tax Provision, 7%
Journal Entries, 7%

Master Tax Advisor vs. similar jobs

Master Tax Advisor related careers

Master Tax Advisor related jobs

What similar roles do

Zippia Careers
Business and Financial Industry
Master Tax Advisor
Master Tax Advisor vs Corporate Tax Preparer

Updated January 8, 2025

Browse business and financial jobs