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The differences between tax interns and junior accountants can be seen in a few details. Each job has different responsibilities and duties. Additionally, a junior accountant has an average salary of $50,444, 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 a junior accountant are reconciliations, general ledger accounts, and account reconciliations.
| Tax Internship | Junior Accountant | |
| Yearly salary | $46,283 | $50,444 |
| Hourly rate | $22.25 | $24.25 |
| Growth rate | 6% | 6% |
| Number of jobs | 71,991 | 57,892 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 75% | Bachelor's Degree, 70% |
| 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.
Junior accountants maintain the financial records of companies through the analysis of their general ledger accounts and balance sheets. The accountant's post journal entries, maintain accounts receivable and payable, and update financial statements. They pay payroll every month, reconcile ledgers, and submit payroll taxes. The skills necessary for this job include analytical skills, problem-solving, information confidentiality, and proficiency in accounting software and technology. They are also expected to be detail-oriented.
Tax interns and junior accountants have different pay scales, as shown below.
| Tax Internship | Junior Accountant | |
| Average salary | $46,283 | $50,444 |
| Salary range | Between $30,000 And $71,000 | Between $38,000 And $66,000 |
| Highest paying City | - | New York, NY |
| Highest paying state | - | New York |
| Best paying company | - | Fuhu |
| Best paying industry | - | Construction |
There are a few differences between a tax internship and a junior accountant in terms of educational background:
| Tax Internship | Junior Accountant | |
| Most common degree | Bachelor's Degree, 75% | Bachelor's Degree, 70% |
| Most common major | Accounting | Accounting |
| Most common college | University of Southern California | University of Pennsylvania |
Here are the differences between tax interns' and junior accountants' demographics:
| Tax Internship | Junior Accountant | |
| Average age | 47 | 44 |
| Gender ratio | Male, 53.6% Female, 46.4% | Male, 39.6% Female, 60.4% |
| 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, 7.9% Unknown, 3.9% Hispanic or Latino, 10.2% Asian, 16.6% White, 60.9% American Indian and Alaska Native, 0.5% |
| LGBT Percentage | 8% | 7% |