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The differences between tax specialists 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 $57,168 average annual salary of a tax specialist.
The top three skills for a tax specialist include IRS, customer service and tax compliance. The most important skills for a tax advisor are local tax returns, reconciliations, and customer service.
| Tax Specialist | Tax Advisor | |
| Yearly salary | $57,168 | $58,252 |
| Hourly rate | $27.48 | $28.01 |
| Growth rate | -7% | - |
| Number of jobs | 46,937 | 76,710 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 57% | Bachelor's Degree, 54% |
| Average age | 47 | 47 |
| Years of experience | - | - |
A tax specialist is responsible for handling the tax compliance and correspondence of an organization, finalizing tax audits, and resolving discrepancies. Tax specialists should have excellent knowledge of tax laws and federal regulations, ensuring the accuracy of tax statements, and filing it accurately and efficiently. They should also be highly-analytical and communicative, especially on explaining tax-related documents to the management or the clients, as well as analyzing tax computations and managing the company's financial transactions.
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 specialists and tax advisors have different pay scales, as shown below.
| Tax Specialist | Tax Advisor | |
| Average salary | $57,168 | $58,252 |
| Salary range | Between $36,000 And $88,000 | Between $29,000 And $116,000 |
| Highest paying City | Stamford, CT | Cumberland, RI |
| Highest paying state | Rhode Island | New Hampshire |
| Best paying company | STMicroelectronics | DLA Piper |
| Best paying industry | Finance | Energy |
There are a few differences between a tax specialist and a tax advisor in terms of educational background:
| Tax Specialist | Tax Advisor | |
| Most common degree | Bachelor's Degree, 57% | Bachelor's Degree, 54% |
| Most common major | Accounting | Accounting |
| Most common college | University of Southern California | University of Southern California |
Here are the differences between tax specialists' and tax advisors' demographics:
| Tax Specialist | Tax Advisor | |
| Average age | 47 | 47 |
| Gender ratio | Male, 30.8% Female, 69.2% | Male, 36.6% Female, 63.4% |
| Race ratio | Black or African American, 10.5% Unknown, 4.0% Hispanic or Latino, 17.8% Asian, 10.0% White, 57.1% 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 Percentage | 8% | 8% |