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Tax associate vs tax specialist

The differences between tax associates and tax specialists 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 $57,168 average annual salary of a tax specialist.

The top three skills for a tax associate include strong customer service, CPA and tax planning. The most important skills for a tax specialist are IRS, customer service, and tax compliance.

Tax associate vs tax specialist overview

Tax AssociateTax Specialist
Yearly salary$62,466$57,168
Hourly rate$30.03$27.48
Growth rate6%-7%
Number of jobs42,01946,937
Job satisfaction--
Most common degreeBachelor's Degree, 56%Bachelor's Degree, 57%
Average age4747
Years of experience--

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.

What does a tax specialist do?

A tax specialist is responsible for handling the tax compliance and correspondence of an organization, finalizing tax audits, and resolving discrepancies. Tax specialists should have excellent knowledge of tax laws and federal regulations, ensuring the accuracy of tax statements, and filing it accurately and efficiently. They should also be highly-analytical and communicative, especially on explaining tax-related documents to the management or the clients, as well as analyzing tax computations and managing the company's financial transactions.

Tax associate vs tax specialist salary

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

Tax AssociateTax Specialist
Average salary$62,466$57,168
Salary rangeBetween $40,000 And $95,000Between $36,000 And $88,000
Highest paying CityLas Vegas, NVStamford, CT
Highest paying stateNevadaRhode Island
Best paying companyRopes & GraySTMicroelectronics
Best paying industryFinanceFinance

Differences between tax associate and tax specialist education

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

Tax AssociateTax Specialist
Most common degreeBachelor's Degree, 56%Bachelor's Degree, 57%
Most common majorAccountingAccounting
Most common collegeUniversity of Southern CaliforniaUniversity of Southern California

Tax associate vs tax specialist demographics

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

Tax AssociateTax Specialist
Average age4747
Gender ratioMale, 36.4% Female, 63.6%Male, 30.8% Female, 69.2%
Race ratioBlack 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%Black or African American, 10.5% Unknown, 4.0% Hispanic or Latino, 17.8% Asian, 10.0% White, 57.1% American Indian and Alaska Native, 0.6%
LGBT Percentage8%8%

Differences between tax associate and tax specialist duties and responsibilities

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 specialist example responsibilities.

  • Operate industry-specific taxation software to complete the tax returns.
  • Author of several articles on topics of international taxation.
  • Prepare and electronically file accurate and timely individual tax returns base on IRS regulations and company policies.
  • Conduct confidential interviews with individuals/couples using current IRS and state laws and manually or electronically file returns through proprietary software.
  • Prepare quarterly and annual tax accruals and return-to-provision calculations.
  • Analyze historical property tax for multiple internal divisions to accurately forecast current year expenses and support annual accruals.
  • Show more

Tax associate vs tax specialist skills

Common tax associate skills
  • Strong Customer Service, 26%
  • CPA, 13%
  • Tax Planning, 6%
  • Taxation, 5%
  • Tax Research, 4%
  • Local Tax Returns, 4%
Common tax specialist skills
  • IRS, 11%
  • Customer Service, 8%
  • Tax Compliance, 8%
  • Tax Issues, 7%
  • Taxation, 6%
  • Appeals, 6%

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