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The differences between tax interns and accountants can be seen in a few details. Each job has different responsibilities and duties. Additionally, an accountant has an average salary of $54,890, which is higher than the $46,283 average annual salary of a tax internship.
The top three skills for a tax internship include first hand, CPA and taxation. The most important skills for an accountant are reconciliations, general ledger accounts, and account reconciliations.
| Tax Internship | Accountant | |
| Yearly salary | $46,283 | $54,890 |
| Hourly rate | $22.25 | $26.39 |
| Growth rate | 6% | 6% |
| Number of jobs | 71,991 | 60,073 |
| Job satisfaction | - | 3 |
| Most common degree | Bachelor's Degree, 75% | Bachelor's Degree, 71% |
| Average age | 47 | 44 |
| Years of experience | - | 4 |
A tax intern is responsible for supporting the finance and accounting department on preparing tax documents, including analyzing financial statements and performing account reconciliations, under the supervision of a tenured tax preparer. Tax interns observe tax processes, shadowing the staff on daily operations, and utilizing their classroom knowledge to practical applications by recommending strategic procedures to handle tax filings efficiently and accurately. A tax intern must have excellent knowledge of the financial industry, as well as high-organizational skills on processing paper works and following instructions from the tax consultant.
An accountant is an individual whose primary task is to prepare, keep, examine, and interpret financial records. Most accountants are in charge of a wide scope of finance-related tasks, either for private individuals or for large-scale businesses and organizations they are employed with. They make sure that financial statements and records are accurate and comply with laws and regulations. They also compute for taxes, prepare tax returns, and ensure being paid properly and on time. As they keep track and record the flow of money, they can offer guidance on how to reduce costs, enhance revenue, and help in profit maximization.
Tax interns and accountants have different pay scales, as shown below.
| Tax Internship | Accountant | |
| Average salary | $46,283 | $54,890 |
| Salary range | Between $30,000 And $71,000 | Between $41,000 And $72,000 |
| Highest paying City | - | Washington, DC |
| Highest paying state | - | New York |
| Best paying company | - | Meta |
| Best paying industry | - | Technology |
There are a few differences between a tax internship and an accountant in terms of educational background:
| Tax Internship | Accountant | |
| Most common degree | Bachelor's Degree, 75% | Bachelor's Degree, 71% |
| Most common major | Accounting | Accounting |
| Most common college | University of Southern California | University of Pennsylvania |
Here are the differences between tax interns' and accountants' demographics:
| Tax Internship | Accountant | |
| Average age | 47 | 44 |
| Gender ratio | Male, 53.6% Female, 46.4% | Male, 38.2% Female, 61.8% |
| Race ratio | Black or African American, 8.5% Unknown, 4.2% Hispanic or Latino, 14.1% Asian, 11.4% White, 61.2% American Indian and Alaska Native, 0.6% | Black or African American, 8.6% Unknown, 4.0% Hispanic or Latino, 10.9% Asian, 15.0% White, 61.1% American Indian and Alaska Native, 0.5% |
| LGBT Percentage | 8% | 7% |