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Tax consultant vs consultant

The differences between tax consultants and consultants can be seen in a few details. Each job has different responsibilities and duties. Additionally, a consultant has an average salary of $78,912, which is higher than the $66,737 average annual salary of a tax consultant.

The top three skills for a tax consultant include CPA, tax planning and tax issues. The most important skills for a consultant are customer service, strong analytical, and project management.

Tax consultant vs consultant overview

Tax ConsultantConsultant
Yearly salary$66,737$78,912
Hourly rate$32.09$37.94
Growth rate6%11%
Number of jobs39,379171,733
Job satisfaction-4
Most common degreeBachelor's Degree, 63%Bachelor's Degree, 64%
Average age4744
Years of experience-4

What does a tax consultant do?

Tax consultants are experts in providing commercially centered tax advice and tax services to wide-ranging clients who function in all sectors of the economy. The work they do involves devising tax-efficient strategies for international and domestic-based clients in various business situations, including takeovers, company merges, and corporate reconstructions. They work continually to help clients ensure that the best business decisions are met. They also monitor and get ahead of possible changes concerning tax legislation and responding fast with guidance specific to their clients' tax requirements.

What does a consultant do?

Consultants are individuals who were tapped by a company or an organization to work on a specific activity, depending on their field of expertise. They act as guides for the organization in undertaking projects that are related to their field. Consultants would usually assist organizations in planning, often giving advice when the need arises. They would, at times, take the lead in activities that involve data gathering and interpretation of data gathering results so that they can provide solid recommendations on actions that the organization may undertake. They may also guide the organization in implementing any changes brought about by their consultancy and in evaluating the effectiveness of the changes.

Tax consultant vs consultant salary

Tax consultants and consultants have different pay scales, as shown below.

Tax ConsultantConsultant
Average salary$66,737$78,912
Salary rangeBetween $47,000 And $93,000Between $58,000 And $107,000
Highest paying CityHartford, CTWashington, DC
Highest paying stateRhode IslandNew Jersey
Best paying companyCargillL.E.K. Consulting
Best paying industryFinanceTechnology

Differences between tax consultant and consultant education

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

Tax ConsultantConsultant
Most common degreeBachelor's Degree, 63%Bachelor's Degree, 64%
Most common majorAccountingBusiness
Most common collegeUniversity of Southern CaliforniaNorthwestern University

Tax consultant vs consultant demographics

Here are the differences between tax consultants' and consultants' demographics:

Tax ConsultantConsultant
Average age4744
Gender ratioMale, 52.7% Female, 47.3%Male, 58.4% Female, 41.6%
Race ratioBlack or African American, 10.5% Unknown, 4.1% Hispanic or Latino, 17.0% Asian, 10.4% White, 57.6% American Indian and Alaska Native, 0.6%Black or African American, 7.8% Unknown, 4.5% Hispanic or Latino, 8.7% Asian, 13.8% White, 65.0% American Indian and Alaska Native, 0.2%
LGBT Percentage8%12%

Differences between tax consultant and consultant duties and responsibilities

Tax consultant example responsibilities.

  • Manage the training and use of new FactSet products and enhancements with various client bases including portfolio management and performance teams.
  • Maintain and generate the process of structuring and conducting business transactions to ensure that GAAP procedures are followed.
  • Develop, maintain, and ensure accounting policies and procedures are in accordance with company member agreements & GAAP.
  • Prepare returns and consult on tax and accounting issues for own clients as well as contract work for other CPA firms.
  • Work closely with CPA on data verification and documentations processing.
  • Save customers thousands of dollars on Mexico-U.S. cross-border taxation advisory.
  • Show more

Consultant example responsibilities.

  • Lead IIS tuning to get the maximum through put.
  • Manage daily data operations and customer support for SaaS web application products in Linux.
  • Manage several contractors in the development and coding of DB2 interface programs, as well as modification of the package software.
  • Manage operational incidents and changes to consistently meet SLA compliance
  • Introduce Jenkins to help automate manual deployments to multiple environments.
  • Design and code windows service to automate NRA applications email distribution.
  • Show more

Tax consultant vs consultant skills

Common tax consultant skills
  • CPA, 13%
  • Tax Planning, 7%
  • Tax Issues, 6%
  • Taxation, 6%
  • Tax Research, 5%
  • Income Tax Returns, 5%
Common consultant skills
  • Customer Service, 10%
  • Strong Analytical, 7%
  • Project Management, 6%
  • C++, 5%
  • C #, 5%
  • Java, 5%

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