Senior Tax Accountant Salary

Senior Tax Accountants in the United States can expect to earn an average of $66K annually. Total cash earnings of Senior Tax Accountants range from $52K on the low end to $86K on the high end; the final amount can include bonuses and profit sharing proceeds that occasionally exceed $8K and $6K, respectively. Geographic location is the biggest factor affecting pay for this group, followed by the specific employer and tenure. Women make up a slight majority of Senior Tax Accountants (55 percent) survey respondents. Most report receiving medical coverage from their employers and the greater part collect dental insurance. Most workers in this position report high levels of job satisfaction. The information for this rundown comes from respondents who completed PayScale's salary questionnaire.

$51,822 - $81,719

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$18.68 - $48.85

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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$29K$58K$87K
Salary
$51,822 - $81,719  
   
Bonus
$0.00 - $7,816  
Profit Sharing
$290.87 - $5,862  
Commission
$610 - $2,162  
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).
)
$52,211 - $85,745  
Country: United States | Currency: USD | Updated: 18 Jul 2015 | Individuals Reporting: 2,007
National Hourly Rate 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$17$34$51
Hourly Rate
$18.68 - $48.85  
   
Overtime
$17.40 - $48.31  
National Annualized 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$50K$100K$150K
Bonus
$0.00 - $7,816  
   
Commission
$610 - $2,162  
Profit Sharing
$290.87 - $5,862  
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).
)
$52,211 - $85,745  
Country: United States | Currency: USD | Updated: 18 Jul 2015 | Individuals Reporting: 145
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Job Description for Senior Tax Accountant

Senior tax accountants provide an important managerial role in producing tax returns for individual clients as well as businesses. They preside over a team of tax accountant specialists to make sure that the proper amount is being paid by clients to the IRS, state, and local governments. Senior tax accountants must work to ensure that a client pays what is due without overpaying or underpaying. They must have a keen understanding of all tax laws, which change from year to year.

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Senior Tax Accountant Tasks

  • Ensure compliance with state and federal regulations.
  • Analyze tax regulations and recommend policies that minimize tax burden.
  • Prepare tax returns and reports, maintain records, analyze and research complex tax issues.
  • Provides support during audits.

Common Career Paths for Senior Tax Accountant


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It's not very common for Senior Tax Accountants to move on to become Tax Directors. Average pay for a Tax Director is $158K annually. The most common next step for a Senior Tax Accountant is to become a Tax Manager or a Tax Compliance Manager. The former position pays an additional $23K per year on average, and the latter position pays $17K more per year.

Senior Tax Accountant Job Listings

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Popular Employer Salaries for Senior Tax Accountant


Senior Tax Accountants fill the offices of leading firms EY (Ernst & Young), Deloitte Tax LLP, Grant Thornton Llp, KPMG, LLP, and PricewaterhouseCoopers. Employees at PricewaterhouseCoopers enjoy the biggest paychecks, and $73K is the median salary. Range in pay, on the other hand, is narrow, with lower figures hovering around $62K and higher ones not far away at only $91K. Other leaders in compensation levels are Century Business Services, Inc. (CBIZ) at $72K, Deloitte Tax LLP at $71K, and EY (Ernst & Young), where Senior Tax Accountants annually earn $70K.

With a median salary of $62K, BDO Seidman, LLP provides Senior Tax Accountants with the lowest pay in their field; moreover, earnings are capped at only $85K, limiting employee salary growth. Others at the bottom of the scale for this job include Grant Thornton Llp at $66K, and Mcgladrey where $66K is the norm, but it is worth noting that some Senior Tax Accountants there earn up to $92K.

Popular Skills for Senior Tax Accountant


Senior Tax Accountants report using a large range of skills on the job. Most notably, skills in Legal Research, Tax Compliance, Tax Consulting, and Research Analysis are correlated to pay that is above average. At the other end of the pay range are skills like Microsoft Word. Most people experienced in Tax Compliance also know Microsoft Excel and Tax Consulting.

Pay by Experience Level for Senior Tax Accountant

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


More years of relevant experience do not necessarily translate to higher paychecks. Salaries for the relatively untried average out to around $65K, but survey participants with five to 10 years of experience earn a significantly higher median of $69K. The average pay reported by folks with 10 to 20 years of experience is around $72K. Senior Tax Accountants with more than 20 years of experience report incomes that are only modestly higher; the median for these old hands hovers around $75K.

Pay Difference by Location


For those looking to make money, Senior Tax Accountants in New York enjoy an exceptional pay rate, 15 percent above the national average. Senior Tax Accountants can also look forward to large paychecks in cities like San Jose (+13 percent), Seattle (+10 percent), Houston (+9 percent), and Boston (+8 percent). The lowest-paying market is St. Louis, which sits 10 percent below the national average. Not at the bottom but still paying below the median are employers in Dallas and Minneapolis (5 percent lower and 3 percent lower, respectively).

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Experience Affects Senior Tax Accountant Salaries




National Average
$68,000


Skills That Affect Senior Tax Accountant Salaries

Legal Research
up arrow 4%

Tax Compliance
up arrow 3%

Tax Consulting
up arrow 3%

Research Analysis
up arrow 3%

Software Knowledge
up arrow 3%

Financial Reporting
up arrow 2%

Quickbooks
up arrow 1%

Accounting
up arrow 1%

Financial Analysis
up arrow 1%

Tax Preparation
0%

Sales Tax Reports
0%

National Average
$68,000

Microsoft Excel
up arrow 1%

Auditing
up arrow 1%

Microsoft Office
up arrow 2%

Microsoft Word
up arrow 3%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 444 votes.

Gender

Female
55 %
Male
45 %

Years of Experience

1-4 years
38%
5-9 years
40%
10-19 years
16%
20 years or more
7%

Common Health Benefits

medical benefits Medical: 84% dental benefits Dental: 67%
vision benefits Vision: 53% employee benefits None: 13%
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