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The differences between tax interns and tax associates can be seen in a few details. Each job has different responsibilities and duties. Additionally, a tax associate has an average salary of $62,466, 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 associate are strong customer service, CPA, and tax planning.
| Tax Internship | Tax Associate | |
| Yearly salary | $46,283 | $62,466 |
| Hourly rate | $22.25 | $30.03 |
| Growth rate | 6% | 6% |
| Number of jobs | 71,991 | 42,019 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 75% | Bachelor's Degree, 56% |
| Average age | 47 | 47 |
| Years of experience | - | - |
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.
Tax associates are responsible for helping businesses and individuals with state and federal income tax preparation and compliance. These professionals often work for accounting firms and financial services companies. They perform varied tasks that include reviewing income statements, financial records, and expenditures, interviewing clients about income and expenses, and minimizing their clients' tax liability. Tax associates also conduct research on tax issues and assist with tax audits, advise clients on compensation and tax information, and maintain accurate and current client records.
Tax interns and tax associates have different pay scales, as shown below.
| Tax Internship | Tax Associate | |
| Average salary | $46,283 | $62,466 |
| Salary range | Between $30,000 And $71,000 | Between $40,000 And $95,000 |
| Highest paying City | - | Las Vegas, NV |
| Highest paying state | - | Nevada |
| Best paying company | - | Ropes & Gray |
| Best paying industry | - | Finance |
There are a few differences between a tax internship and a tax associate in terms of educational background:
| Tax Internship | Tax Associate | |
| Most common degree | Bachelor's Degree, 75% | Bachelor's Degree, 56% |
| Most common major | Accounting | Accounting |
| Most common college | University of Southern California | University of Southern California |
Here are the differences between tax interns' and tax associates' demographics:
| Tax Internship | Tax Associate | |
| Average age | 47 | 47 |
| Gender ratio | Male, 53.6% Female, 46.4% | Male, 36.4% Female, 63.6% |
| 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, 9.6% Unknown, 4.0% Hispanic or Latino, 18.2% Asian, 10.2% White, 57.3% American Indian and Alaska Native, 0.6% |
| LGBT Percentage | 8% | 8% |