International Tax Professional Salary
The average salary for an International Tax Professional is $65,000 per year. Most people with this job move on to other positions after 10 years in this career.
Job Description for International Tax Professional
An international tax professional manages the taxes of individuals and companies that are doing business outside of the US. The tax professional will help these parties by preparing their taxes and by looking over parts of the US tax return that have to do with international dealings. In this job, it may be necessary to work on a team, but it is also important to be self-motivated, to perform duties independently, and to adhere to deadlines.Read More...
The international tax professional may come up with solutions for clients and help them to optimize their taxes, while fully adhering to the law. Any mistakes regarding the taxes of the clients should be corrected, in order to help optimize their income. The tax professional should be able to give advice and to answer clients’ questions. Strong communication and customer service skills are needed, in order to work well with clients and other outside parties. It is important to have strong knowledge of applicable laws and regulations and to keep up to date with relevant US and foreign policies. The tax professional may also have to provide audit support for clients.
Usually, a minimum of a bachelor’s degree in accounting or finance is necessary. It may be essential to be CPA. Usually this position takes place in an office environment, but some travel may be necessary.
International Tax Professional Tasks
- Monitor and maximize profits through tax analysis, research, planning, and prediction.
- Prepare, review, and audit international tax returns and related documents.
- Advise clients on various matters of international taxes, such as laws, services, and opportunities.
- Suggest improvements to international tax reporting procedures and regulations.