Master tax advisor vs tax consultant

The differences between master tax advisors 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 $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 consultant are CPA, tax planning, and tax issues.

Master tax advisor vs tax consultant overview

	Master Tax Advisor	Tax Consultant
Yearly salary	$44,931	$66,737
Hourly rate	$21.60	$32.09
Growth rate	-	6%
Number of jobs	73,416	39,379
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 59%	Bachelor's Degree, 63%
Average age	47	47
Years of experience	-	-

Master tax advisor vs tax consultant salary

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

	Master Tax Advisor	Tax Consultant
Average salary	$44,931	$66,737
Salary range	Between $22,000 And $88,000	Between $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 master tax advisor and tax consultant education

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

	Master Tax Advisor	Tax Consultant
Most common degree	Bachelor's Degree, 59%	Bachelor's Degree, 63%
Most common major	Accounting	Accounting
Most common college	University of Southern California	University of Southern California

Master tax advisor vs tax consultant demographics

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

	Master Tax Advisor	Tax Consultant
Average age	47	47
Gender ratio	Male, 53.1% Female, 46.9%	Male, 52.7% Female, 47.3%
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, 10.5% Unknown, 4.1% Hispanic or Latino, 17.0% Asian, 10.4% White, 57.6% American Indian and Alaska Native, 0.6%
LGBT Percentage	8%	8%

Differences between master tax advisor and tax consultant 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 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.

Master tax advisor vs tax consultant 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 consultant skills

CPA, 13%
Tax Planning, 7%
Tax Issues, 6%
Taxation, 6%
Tax Research, 5%
Income Tax Returns, 5%