Tax consultant vs fixed asset accountant

The differences between tax consultants and fixed asset accountants can be seen in a few details. Each job has different responsibilities and duties. Additionally, a tax consultant has an average salary of $66,737, which is higher than the $59,691 average annual salary of a fixed asset accountant.

The top three skills for a tax consultant include CPA, tax planning and tax issues. The most important skills for a fixed asset accountant are fixed assets, reconciliations, and asset system.

Tax consultant vs fixed asset accountant overview

	Tax Consultant	Fixed Asset Accountant
Yearly salary	$66,737	$59,691
Hourly rate	$32.09	$28.70
Growth rate	6%	6%
Number of jobs	39,379	42,860
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 63%	Bachelor's Degree, 77%
Average age	47	44
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 fixed asset accountant do?

A fixed asset accountant is responsible for processing statement reports for the company's assets, organizing account records, and handling bank reconciliations and disputes. Fixed asset accountants must have excellent knowledge of the accounting principles to determine and track the assets dispositions in various accounting systems for reference. They also ensure the accurate balance and calculate the value of all fixed assets for reports. A fixed asset accountant should be highly analytical to measure asset obligations and provide recommendations for asset acquisition.

Tax consultant vs fixed asset accountant salary

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

	Tax Consultant	Fixed Asset Accountant
Average salary	$66,737	$59,691
Salary range	Between $47,000 And $93,000	Between $46,000 And $76,000
Highest paying City	Hartford, CT	New York, NY
Highest paying state	Rhode Island	New York
Best paying company	Cargill	Apple
Best paying industry	Finance	Energy

Differences between tax consultant and fixed asset accountant education

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

	Tax Consultant	Fixed Asset Accountant
Most common degree	Bachelor's Degree, 63%	Bachelor's Degree, 77%
Most common major	Accounting	Accounting
Most common college	University of Southern California	University of Pennsylvania

Tax consultant vs fixed asset accountant demographics

Here are the differences between tax consultants' and fixed asset accountants' demographics:

	Tax Consultant	Fixed Asset Accountant
Average age	47	44
Gender ratio	Male, 52.7% Female, 47.3%	Male, 43.8% Female, 56.2%
Race ratio	Black 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, 8.4% Unknown, 4.0% Hispanic or Latino, 10.7% Asian, 13.0% White, 63.4% American Indian and Alaska Native, 0.5%
LGBT Percentage	8%	7%

Differences between tax consultant and fixed asset accountant 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.

Fixed asset accountant example responsibilities.

Lead the discussions on the level of asset componentization with respect to compliance IFRS standards.
Prepare internal financial reports for treasury manage accounts include in external compliance reports.
Monitor purchase orders and calculate month-end accruals.
Support internal and external audit requirements and verify SOX documentation.
Calculate and reconcile deferred rent liability accruals for office leases.
Set up a consolidate and centralize SOX depository for require documentation.

Tax consultant vs fixed asset accountant skills

Common tax consultant skills

CPA, 13%
Tax Planning, 7%
Tax Issues, 6%
Taxation, 6%
Tax Research, 5%
Income Tax Returns, 5%

Common fixed asset accountant skills

Fixed Assets, 16%
Reconciliations, 8%
Asset System, 6%
GAAP, 5%
Financial Statements, 4%
Account Reconciliations, 4%

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Tax Consultant vs Fixed Asset Accountant

Updated January 8, 2025

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