Tax advisor vs income tax expert

The differences between tax advisors and income tax experts can be seen in a few details. Each job has different responsibilities and duties. Additionally, a tax advisor has an average salary of $58,252, which is higher than the $39,306 average annual salary of an income tax expert.

The top three skills for a tax advisor include local tax returns, reconciliations and customer service. The most important skills for an income tax expert are financial statements, tax software, and tax returns.

Tax advisor vs income tax expert overview

	Tax Advisor	Income Tax Expert
Yearly salary	$58,252	$39,306
Hourly rate	$28.01	$18.90
Growth rate	-	-
Number of jobs	76,710	34,945
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 54%	Bachelor's Degree, 58%
Average age	47	47
Years of experience	-	-

Tax advisor vs income tax expert salary

Tax advisors and income tax experts have different pay scales, as shown below.

	Tax Advisor	Income Tax Expert
Average salary	$58,252	$39,306
Salary range	Between $29,000 And $116,000	Between $20,000 And $74,000
Highest paying City	Cumberland, RI	-
Highest paying state	New Hampshire	-
Best paying company	DLA Piper	-
Best paying industry	Energy	-

Differences between tax advisor and income tax expert education

There are a few differences between a tax advisor and an income tax expert in terms of educational background:

	Tax Advisor	Income Tax Expert
Most common degree	Bachelor's Degree, 54%	Bachelor's Degree, 58%
Most common major	Accounting	Accounting
Most common college	University of Southern California	University of Southern California

Tax advisor vs income tax expert demographics

Here are the differences between tax advisors' and income tax experts' demographics:

	Tax Advisor	Income Tax Expert
Average age	47	47
Gender ratio	Male, 36.6% Female, 63.4%	Male, 42.4% Female, 57.6%
Race ratio	Black or African American, 9.7% Unknown, 4.0% Hispanic or Latino, 17.6% Asian, 10.1% White, 58.0% American Indian and Alaska Native, 0.6%	Black or African American, 11.1% Unknown, 4.0% Hispanic or Latino, 18.5% Asian, 9.6% White, 56.3% American Indian and Alaska Native, 0.6%
LGBT Percentage	8%	8%

Differences between tax advisor and income tax expert duties and responsibilities

Tax advisor example responsibilities.

Manage a staff of six for all aspects of tax compliance, tax accounting, research, planning and IRS audits.
Provide payroll processing, invoicing and tax support services for small consulting business using QuickBooks software.
Assist customers with IRS correspondence/notices.
Advise companies on international taxation law and bilateral taxation recognition regimes to identify most cost effective strategies.
Review domestic payroll reporting metrics, ensure home/host payments are updated and reconcile for timely submission and payment.
Start job by assisting TurboTax user's on how to enter information into the TurboTax program.

Income tax expert example responsibilities.

Manage the training and use of new FactSet products and enhancements with various client bases including portfolio management and performance teams.
Review domestic payroll reporting metrics, ensure home/host payments are updated and reconcile for timely submission and payment.
Start job by assisting TurboTax user's on how to enter information into the TurboTax program.

Tax advisor vs income tax expert skills

Common tax advisor skills

Local Tax Returns, 8%
Reconciliations, 7%
Customer Service, 7%
IRS, 7%
Income Statement, 6%
Individual Tax Returns, 6%

Common income tax expert skills

Financial Statements, 10%
Tax Software, 10%
Tax Returns, 10%
Tax Season, 10%
Turbo, 9%
Income Tax Returns, 9%