A tax compliance officer decides when corporations and entities pay the taxes, they require by performing and preparing audits. You can typically see them working for the IRS. They are in charge of giving taxpayers their delegated advice openly, and they fix any concerns a taxpayer has with taxation.
On a daily basis, tax compliance officers ensure that any credits and deductions are received. They identify fiscal problems at the federal, state, and local levels during the review of this information. When it is found that a report or invoice is false, tax compliance officers may contact the taxpayer. Counsel is issued from there, and civil action can be taken.
A bachelor's degree is the preferred qualification for a tax compliance officer. This degree may be in business, accounting, or the like. Besides the education, training and job experience are required. Any prior background in auditing or accounting is an advantage.
There is more than meets the eye when it comes to being a tax compliance officer. For example, did you know that they make an average of $24.74 an hour? That's $51,455 a year!
Between 2018 and 2028, the career is expected to grow -2% and produce -1,400 job opportunities across the U.S.
There are certain skills that many tax compliance officers have in order to accomplish their responsibilities. By taking a look through resumes, we were able to narrow down the most common skills for a person in this position. We discovered that a lot of resumes listed computer skills, analytical skills and detail oriented.
When it comes to the most important skills required to be a tax compliance officer, we found that a lot of resumes listed 33.4% of tax compliance officers included small businesses, while 28.7% of resumes included tax returns, and 23.2% of resumes included irs. Hard skills like these are helpful to have when it comes to performing essential job responsibilities.
When it comes to searching for a job, many search for a key term or phrase. Instead, it might be more helpful to search by industry, as you might be missing jobs that you never thought about in industries that you didn't even think offered positions related to the tax compliance officer job title. But what industry to start with? Most tax compliance officers actually find jobs in the finance and professional industries.
If you're interested in becoming a tax compliance officer, one of the first things to consider is how much education you need. We've determined that 65.3% of tax compliance officers have a bachelor's degree. In terms of higher education levels, we found that 9.7% of tax compliance officers have master's degrees. Even though most tax compliance officers have a college degree, it's possible to become one with only a high school degree or GED.
Choosing the right major is always an important step when researching how to become a tax compliance officer. When we researched the most common majors for a tax compliance officer, we found that they most commonly earn bachelor's degree degrees or master's degree degrees. Other degrees that we often see on tax compliance officer resumes include associate degree degrees or diploma degrees.
You may find that experience in other jobs will help you become a tax compliance officer. In fact, many tax compliance officer jobs require experience in a role such as customer service representative. Meanwhile, many tax compliance officers also have previous career experience in roles such as cashier or tax accountant.