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Tax accountant vs tax attorney

The differences between tax accountants and tax attorneys can be seen in a few details. Each job has different responsibilities and duties. It typically takes 2-4 years to become both a tax accountant and a tax attorney. Additionally, a tax attorney has an average salary of $85,681, which is higher than the $62,142 average annual salary of a tax accountant.

The top three skills for a tax accountant include CPA, tax audits and income tax returns. The most important skills for a tax attorney are litigation, law firm, and real estate.

Tax accountant vs tax attorney overview

Tax AccountantTax Attorney
Yearly salary$62,142$85,681
Hourly rate$29.88$41.19
Growth rate6%10%
Number of jobs57,91933,760
Job satisfaction--
Most common degreeBachelor's Degree, 72%Doctoral Degree, 42%
Average age4446
Years of experience44

What does a tax accountant do?

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.

What does a tax attorney do?

A tax attorney specializes in assisting clients in understanding tax laws. Their responsibilities typically revolve around conducting extensive research, meeting with clients to conduct initial assessments and interviews, understanding their needs, and helping them make business decisions by providing legal taxation advice. A tax attorney may also help clients to find ways to minimize their tax deductions. Furthermore, aside from working with individuals, a tax attorney may also work for companies as part of their legal team.

Tax accountant vs tax attorney salary

Tax accountants and tax attorneys have different pay scales, as shown below.

Tax AccountantTax Attorney
Average salary$62,142$85,681
Salary rangeBetween $45,000 And $83,000Between $50,000 And $146,000
Highest paying CityNew York, NYSan Francisco, CA
Highest paying stateNew YorkNew York
Best paying companyPacific Investment Management Company LLCAkin Gump Strauss Hauer & Feld
Best paying industryFinance-

Differences between tax accountant and tax attorney education

There are a few differences between a tax accountant and a tax attorney in terms of educational background:

Tax AccountantTax Attorney
Most common degreeBachelor's Degree, 72%Doctoral Degree, 42%
Most common majorAccountingLaw
Most common collegeUniversity of PennsylvaniaUniversity of Southern California

Tax accountant vs tax attorney demographics

Here are the differences between tax accountants' and tax attorneys' demographics:

Tax AccountantTax Attorney
Average age4446
Gender ratioMale, 47.3% Female, 52.7%Male, 62.7% Female, 37.3%
Race ratioBlack 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%Black or African American, 5.6% Unknown, 4.4% Hispanic or Latino, 7.8% Asian, 6.4% White, 75.5% American Indian and Alaska Native, 0.3%
LGBT Percentage7%10%

Differences between tax accountant and tax attorney duties and responsibilities

Tax accountant example responsibilities.

  • Utilize QuickBooks to manage client data and prepare necessary financial statements.
  • Manage and prepare sales and use tax account reconciliations and property tax liability accounts and prepare corresponding journal entries.
  • Prepared/Review financial statements according to GAAP and propose adjusting entries for clients.
  • Prepare tax returns for corporations, partnerships, non-profit organizations and individuals.
  • Work with various accounting departments, with duties such as account reconciliations, customer service, and administrative/clerical positions.
  • SAP, ONESOURCE, YESWIN, and BSAEfiling
  • Show more

Tax attorney example responsibilities.

  • Manage the death administration department with approximately thirty-five plus estates through trust administration, Medicaid estate recovery or probate.
  • Review IRS propose regulations, advisory letters and technical advice memorandums for tax litigation.
  • Probate practice - estates and protect individuals.
  • Participate in legal document review and compliance for large complex civil litigation matters.
  • Represent individual and institutional clients in all aspects of commercial and residential real estate acquisition, financing and leasing and foreclosure.
  • Handle all aspects of discovery including preparing interrogatories, document requests, taking and defending depositions and responding to discovery requests.

Tax accountant vs tax attorney skills

Common tax accountant skills
  • CPA, 9%
  • Tax Audits, 4%
  • Income Tax Returns, 4%
  • Tax Research, 4%
  • Reconciliations, 4%
  • Financial Statements, 4%
Common tax attorney skills
  • Litigation, 13%
  • Law Firm, 12%
  • Real Estate, 8%
  • Taxation, 5%
  • International Tax, 4%
  • IRS, 4%

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