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Tax assistant vs tax associate

The differences between tax assistants and tax associates can be seen in a few details. Each job has different responsibilities and duties. Additionally, a tax associate has an average salary of $62,466, which is higher than the $43,893 average annual salary of a tax assistant.

The top three skills for a tax assistant include individual tax returns, low-income families and income tax returns. The most important skills for a tax associate are strong customer service, CPA, and tax planning.

Tax assistant vs tax associate overview

Tax AssistantTax Associate
Yearly salary$43,893$62,466
Hourly rate$21.10$30.03
Growth rate-6%
Number of jobs29,30742,019
Job satisfaction--
Most common degreeBachelor's Degree, 65%Bachelor's Degree, 56%
Average age4747
Years of experience--

What does a tax assistant do?

The tax assistant is responsible for supporting an organization's tax or accounting department. Their job is a combination of accounting support and administrative assistance. They should be able to run an office, as well as perform higher-level tasks, such as processing tax returns and sustaining databases. A tax assistant works under the direction of a tax manager or executive, but most of their duties are performed with less supervision. Tax assistants should also be dynamic and can comfortably work alone.

What does a tax associate do?

Tax associates are responsible for helping businesses and individuals with state and federal income tax preparation and compliance. These professionals often work for accounting firms and financial services companies. They perform varied tasks that include reviewing income statements, financial records, and expenditures, interviewing clients about income and expenses, and minimizing their clients' tax liability. Tax associates also conduct research on tax issues and assist with tax audits, advise clients on compensation and tax information, and maintain accurate and current client records.

Tax assistant vs tax associate salary

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

Tax AssistantTax Associate
Average salary$43,893$62,466
Salary rangeBetween $24,000 And $79,000Between $40,000 And $95,000
Highest paying CityNew York, NYLas Vegas, NV
Highest paying stateRhode IslandNevada
Best paying companyErnst & YoungRopes & Gray
Best paying industryFinanceFinance

Differences between tax assistant and tax associate education

There are a few differences between a tax assistant and a tax associate in terms of educational background:

Tax AssistantTax Associate
Most common degreeBachelor's Degree, 65%Bachelor's Degree, 56%
Most common majorAccountingAccounting
Most common collegeUniversity of Southern CaliforniaUniversity of Southern California

Tax assistant vs tax associate demographics

Here are the differences between tax assistants' and tax associates' demographics:

Tax AssistantTax Associate
Average age4747
Gender ratioMale, 39.3% Female, 60.7%Male, 36.4% Female, 63.6%
Race ratioBlack 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, 9.6% Unknown, 4.0% Hispanic or Latino, 18.2% Asian, 10.2% White, 57.3% American Indian and Alaska Native, 0.6%
LGBT Percentage8%8%

Differences between tax assistant and tax associate 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.
  • Show more

Tax associate example responsibilities.

  • Provide tax planning and preparation services for corporate, individual and high net-worth clients of this midsize CPA firm.
  • Implement process to identify and prepare the balances for W2 purposes at year end.
  • Prepare customer taxes from w-2's and other tax information, answer phones, print checks, filing
  • Resolve a major system problems with split process level errors so employee W2's and companies returns are correct.
  • Respond to inquiries from the IRS and other tax authorities regarding reconciliation of filings, liabilities, and other associate matters.
  • Advise clients on questions they have pertaining to their tax liabilities and ensure that they are compliant to the IRS regulations.
  • Show more

Tax assistant vs tax associate 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 tax associate skills
  • Strong Customer Service, 26%
  • CPA, 13%
  • Tax Planning, 6%
  • Taxation, 5%
  • Tax Research, 4%
  • Local Tax Returns, 4%

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