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The differences between staff accountants and tax accountants can be seen in a few details. Each job has different responsibilities and duties. It typically takes 2-4 years to become both a staff accountant and a tax accountant. Additionally, a tax accountant has an average salary of $62,142, which is higher than the $54,216 average annual salary of a staff accountant.
The top three skills for a staff accountant include reconciliations, account reconciliations and GAAP. The most important skills for a tax accountant are CPA, tax audits, and income tax returns.
| Staff Accountant | Tax Accountant | |
| Yearly salary | $54,216 | $62,142 |
| Hourly rate | $26.07 | $29.88 |
| Growth rate | 6% | 6% |
| Number of jobs | 115,930 | 57,919 |
| Job satisfaction | 4 | - |
| Most common degree | Bachelor's Degree, 76% | Bachelor's Degree, 72% |
| Average age | 44 | 44 |
| Years of experience | 4 | 4 |
Staff accountants are employees who are part of the company's accounting department. They are usually certified public accountants (CPAs). Staff accountants should be familiar with accounting tasks. Previous accounting experiences play a huge advantage in their success. They perform a variety of accounting responsibilities such as information verification and analysis, financial report preparation and presentation, financial account reconciliation, billing and payment receiving activities, vendor database management, and invoice processing requirements. They should also know how to do bookkeeping. Staff accountants should have good communication skills, analytical skills, and decision-making skills. They should also be organized and trustworthy since they will be handling confidential information.
A tax accountant is an individual who works with clients to produce tax return documents that follow tax laws and regulations while keeping them updated on their return information. Tax accountants must determine tax strategies for their clients that may minimize or eliminate tax payments while arranging audits with taxation authorities. They prepare tax documents for different clients, including private companies, non-profit organizations, and private individuals. Tax accountants are also required to obtain a bachelor's degree in accounting and should understand business concepts.
Staff accountants and tax accountants have different pay scales, as shown below.
| Staff Accountant | Tax Accountant | |
| Average salary | $54,216 | $62,142 |
| Salary range | Between $42,000 And $68,000 | Between $45,000 And $83,000 |
| Highest paying City | Washington, DC | New York, NY |
| Highest paying state | New York | New York |
| Best paying company | Meta | Pacific Investment Management Company LLC |
| Best paying industry | Government | Finance |
There are a few differences between a staff accountant and a tax accountant in terms of educational background:
| Staff Accountant | Tax Accountant | |
| Most common degree | Bachelor's Degree, 76% | Bachelor's Degree, 72% |
| Most common major | Accounting | Accounting |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between staff accountants' and tax accountants' demographics:
| Staff Accountant | Tax Accountant | |
| Average age | 44 | 44 |
| Gender ratio | Male, 41.6% Female, 58.4% | Male, 47.3% Female, 52.7% |
| Race ratio | Black or African American, 8.5% Unknown, 4.0% Hispanic or Latino, 10.8% Asian, 14.4% White, 61.9% American Indian and Alaska Native, 0.5% | Black or African American, 8.2% Unknown, 3.9% Hispanic or Latino, 10.5% Asian, 15.5% White, 61.4% American Indian and Alaska Native, 0.5% |
| LGBT Percentage | 7% | 7% |