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Tax internship vs tax advisor

The differences between tax interns and tax advisors can be seen in a few details. Each job has different responsibilities and duties. Additionally, a tax advisor has an average salary of $58,252, 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 tax advisor are local tax returns, reconciliations, and customer service.

Tax internship vs tax advisor overview

Tax InternshipTax Advisor
Yearly salary$46,283$58,252
Hourly rate$22.25$28.01
Growth rate6%-
Number of jobs71,99176,710
Job satisfaction--
Most common degreeBachelor's Degree, 75%Bachelor's Degree, 54%
Average age4747
Years of experience--

What does a tax internship do?

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.

What does a tax advisor do?

Tax Advisors are responsible for providing tax advice to clients in the area of tax legislation and tax obligations. Their duties include researching tax legislation, gathering client information, submitting tax returns, liaising with internal revenue service representing clients, and developing tax strategies. They are responsible for performing tax computations, forming family trusts, undertaking estate planning as well as consulting on matters regarding domicile and tax residence. Tax Advisors also give advice related to indirect taxation and prepare reports.

Tax internship vs tax advisor salary

Tax interns and tax advisors have different pay scales, as shown below.

Tax InternshipTax Advisor
Average salary$46,283$58,252
Salary rangeBetween $30,000 And $71,000Between $29,000 And $116,000
Highest paying City-Cumberland, RI
Highest paying state-New Hampshire
Best paying company-DLA Piper
Best paying industry-Energy

Differences between tax internship and tax advisor education

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

Tax InternshipTax Advisor
Most common degreeBachelor's Degree, 75%Bachelor's Degree, 54%
Most common majorAccountingAccounting
Most common collegeUniversity of Southern CaliforniaUniversity of Southern California

Tax internship vs tax advisor demographics

Here are the differences between tax interns' and tax advisors' demographics:

Tax InternshipTax Advisor
Average age4747
Gender ratioMale, 53.6% Female, 46.4%Male, 36.6% Female, 63.4%
Race ratioBlack 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, 9.7% Unknown, 4.0% Hispanic or Latino, 17.6% Asian, 10.1% White, 58.0% American Indian and Alaska Native, 0.6%
LGBT Percentage8%8%

Differences between tax internship and tax advisor duties and responsibilities

Tax internship example responsibilities.

  • Manage client accounts by organizing and categorizing financial data in QuickBooks files.
  • Enter clients info on w-2 for tax preparers.
  • Amortize treasury bonds, company own stocks and bonds.
  • Prepare tax returns for individuals, corporations, businesses, partnerships and provide CPA's with add help where need
  • Answer phones, make appointments, solve issues clients have, input data w-2 information conduct interview and collect signatures.
  • Learned from working closely with veteran CPA's in a small and personal office space where growth and interaction are encouraged.
  • Show more

Tax advisor example responsibilities.

  • Manage a staff of six for all aspects of tax compliance, tax accounting, research, planning and IRS audits.
  • Provide payroll processing, invoicing and tax support services for small consulting business using QuickBooks software.
  • Assist customers with IRS correspondence/notices.
  • Advise companies on international taxation law and bilateral taxation recognition regimes to identify most cost effective strategies.
  • Review domestic payroll reporting metrics, ensure home/host payments are updated and reconcile for timely submission and payment.
  • Start job by assisting TurboTax user's on how to enter information into the TurboTax program.

Tax internship vs tax advisor skills

Common tax internship skills
  • First Hand, 25%
  • CPA, 8%
  • Taxation, 7%
  • Tax Planning, 5%
  • Local Tax Returns, 5%
  • Tax Issues, 4%
Common tax advisor skills
  • Local Tax Returns, 8%
  • Reconciliations, 7%
  • Customer Service, 7%
  • IRS, 7%
  • Income Statement, 6%
  • Individual Tax Returns, 6%

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