Pay for Tax Accounting Firm Partners in the United States sits in the ballpark of $150K annually. Total cash compensation to Tax Accounting Firm Partners ranges from $75K on the lower end to $389K on the higher end; the final number includes potential for approximately $80K each from bonuses and profit sharing in exceptional cases. Experience level is the biggest factor affecting pay for this group, followed by geography. There are more male Tax Accounting Firm Partners than female among those who completed the questionnaire, making up 65 percent. The majority of workers are highly satisfied with their job. Medical benefits are awarded to most, and one-half earn dental coverage. The figures in this overview were provided by individuals who took PayScale's salary questionnaire.
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$75,259 - $347,409
(Median)
$75K
$150K
$350K
MEDIAN: $149,555
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$130K$260K$390K
Salary
$75,259 - $347,409  
   
Bonus
$5,918 - $80,267  
Profit Sharing
$0.00 - $76,773  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$75,307 - $389,161  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 106
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Job Description for Partner - Accounting Firm, Tax

An accounting firm partner, tax is a position with a high stress level that requires an individual be proficient in tax law and accounting practices. The accounting firm partner is responsible for overseeing the operation of the local and regional offices. As an accounting firm partner, ensuring that the offices are running efficiently is a very important aspect of the position.

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Partner - Accounting Firm, Tax Tasks

  • Responsible for the financial well-being of the firm and making sure the offices are bringing in a profit.
  • Oversee the operation of regional offices, coordinating their activities and monitoring their performance.
  • Establish the firm's policies and procedures, and make sure these practices are carried out in all of the firm's offices.
  • Act as the highest executive of the accounting firm, and direct and make the final decision on all its projects and activities.
  • Manage the accounting firm's staff, select managers, and evaluate managers' performances.

Common Career Paths for Partner - Accounting Firm, Tax


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Compensation may take a strong hit for Tax Accounting Firm Partners who move to positions like Certified Public Accountant. Certified Public Accountants usually make $59K.

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Pay by Experience Level for Partner - Accounting Firm, Tax

Median of all compensation (including tips, bonus, and overtime) by years of experience.


In general, experience and pay appear to be strongly linked; those with more experience usually bring in higher incomes. The average inexperienced employee pulls down a cushy six-figure sum; the median salary for people claiming fewer than five years of experience is $102K. The average pay reported by folks with 10 to 20 years of experience is around $166K. Big financial gains seem to result from working for more than two decades; veterans in this group report earning $205K on average.

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Experience Affects Partner - Accounting Firm, Tax Salaries

Late-Career
up arrow 26%

Experienced
up arrow 3%

National Average
$162,000

Mid-Career
up arrow 26%

Entry-Level
up arrow 37%

Skills That Affect Partner - Accounting Firm, Tax Salaries


Tax Compliance
up arrow 1%

National Average
$162,000

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 10 votes.

Gender

Female
35 %
Male
65 %

Years of Experience

1-4 years
6%
5-9 years
4%
10-19 years
40%
20 years or more
51%

Common Health Benefits

medical benefits
Medical: 82%
dental benefits
Dental: 49%
medical benefits
Vision: 35%
dental benefits
None: 15%
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