Master tax advisor vs tax associate

The differences between master tax advisors and tax associates can be seen in a few details. Each job has different responsibilities and duties. Additionally, a tax associate has an average salary of $62,466, 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 tax associate are strong customer service, CPA, and tax planning.

Master tax advisor vs tax associate overview

	Master Tax Advisor	Tax Associate
Yearly salary	$44,931	$62,466
Hourly rate	$21.60	$30.03
Growth rate	-	6%
Number of jobs	73,416	42,019
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 59%	Bachelor's Degree, 56%
Average age	47	47
Years of experience	-	-

Master tax advisor vs tax associate salary

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

	Master Tax Advisor	Tax Associate
Average salary	$44,931	$62,466
Salary range	Between $22,000 And $88,000	Between $40,000 And $95,000
Highest paying City	-	Las Vegas, NV
Highest paying state	-	Nevada
Best paying company	-	Ropes & Gray
Best paying industry	-	Finance

Differences between master tax advisor and tax associate education

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

	Master Tax Advisor	Tax Associate
Most common degree	Bachelor's Degree, 59%	Bachelor's Degree, 56%
Most common major	Accounting	Accounting
Most common college	University of Southern California	University of Southern California

Master tax advisor vs tax associate demographics

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

	Master Tax Advisor	Tax Associate
Average age	47	47
Gender ratio	Male, 53.1% Female, 46.9%	Male, 36.4% Female, 63.6%
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, 9.6% Unknown, 4.0% Hispanic or Latino, 18.2% Asian, 10.2% White, 57.3% American Indian and Alaska Native, 0.6%
LGBT Percentage	8%	8%

Differences between master tax advisor and tax associate 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.

Tax associate example responsibilities.

Provide tax planning and preparation services for corporate, individual and high net-worth clients of this midsize CPA firm.
Implement process to identify and prepare the balances for W2 purposes at year end.
Prepare customer taxes from w-2's and other tax information, answer phones, print checks, filing
Resolve a major system problems with split process level errors so employee W2's and companies returns are correct.
Respond to inquiries from the IRS and other tax authorities regarding reconciliation of filings, liabilities, and other associate matters.
Advise clients on questions they have pertaining to their tax liabilities and ensure that they are compliant to the IRS regulations.

Master tax advisor vs tax associate 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 tax associate skills

Strong Customer Service, 26%
CPA, 13%
Tax Planning, 6%
Taxation, 5%
Tax Research, 4%
Local Tax Returns, 4%