Tax assistant vs income tax expert

The differences between tax assistants and income tax experts can be seen in a few details. Each job has different responsibilities and duties. Additionally, a tax assistant has an average salary of $43,893, which is higher than the $39,306 average annual salary of an income tax expert.

The top three skills for a tax assistant include individual tax returns, low-income families and income tax returns. The most important skills for an income tax expert are financial statements, tax software, and tax returns.

Tax assistant vs income tax expert overview

	Tax Assistant	Income Tax Expert
Yearly salary	$43,893	$39,306
Hourly rate	$21.10	$18.90
Growth rate	-	-
Number of jobs	29,307	34,945
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 65%	Bachelor's Degree, 58%
Average age	47	47
Years of experience	-	-

Tax assistant vs income tax expert salary

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

	Tax Assistant	Income Tax Expert
Average salary	$43,893	$39,306
Salary range	Between $24,000 And $79,000	Between $20,000 And $74,000
Highest paying City	New York, NY	-
Highest paying state	Rhode Island	-
Best paying company	Ernst & Young	-
Best paying industry	Finance	-

Differences between tax assistant and income tax expert education

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

	Tax Assistant	Income Tax Expert
Most common degree	Bachelor's Degree, 65%	Bachelor's Degree, 58%
Most common major	Accounting	Accounting
Most common college	University of Southern California	University of Southern California

Tax assistant vs income tax expert demographics

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

	Tax Assistant	Income Tax Expert
Average age	47	47
Gender ratio	Male, 39.3% Female, 60.7%	Male, 42.4% Female, 57.6%
Race ratio	Black or African American, 8.4% Unknown, 4.1% Hispanic or Latino, 15.3% Asian, 11.1% White, 60.5% 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 assistant and income tax expert duties and responsibilities

Tax assistant example responsibilities.

Perform bank and account reconciliations and process monthly payroll using QuickBooks.
Offer orientation to CPA s and college students to complete their continue education credits and increase potential candidates.
Perform data entry of banking and expense information into QuickBooks and other accounting software reconciling the accounts at month end.
Assure filling completion per client folder by gathering clients and CPA approval signature, tax form printouts and documentation backup scans.
General QuickBooks information and data entry.
Complete IRS tax-preparation training and prepare and electronically file income taxes for individuals.

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 assistant vs income tax expert skills

Common tax assistant skills

Individual Tax Returns, 27%
Low-Income Families, 25%
Income Tax Returns, 11%
IRS, 5%
PowerPoint, 4%
Financial Statements, 4%

Common income tax expert skills

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