Senior Tax Accountant Salary

For Senior Tax Accountants, annual average wages total $65K per year. Overall cash earnings for Senior Tax Accountants stretch from $52K on the lower end to $86K near the top, and the heftiest packages can encompass around $8K from bonuses and $6K from profit sharing. This group's pay is mainly influenced by geographic location, followed by the company and experience level. Job satisfaction for Senior Tax Accountants is high. Women Senior Tax Accountants who took the survey just slightly outnumber men. Medical benefits are awarded to a large number, and more than half earn dental coverage. Figures cited in this summary are based on replies to PayScale's salary questionnaire.

$51,611 - $81,741
(Median)
$52K
$65K
$82K
MEDIAN: $65,393
10%
50%
90%

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$18.49 - $49.07
(Median)
$18
$29
$49
MEDIAN: $29.00
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$29K$58K$87K
Salary
$51,611 - $81,741  
   
Bonus
$0.00 - $7,889  
Profit Sharing
$302.01 - $5,804  
Commission
$201.34 - $4,966  
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).
)
$51,997 - $85,921  
Country: United States | Currency: USD | Updated: 20 Jun 2015 | Individuals Reporting: 2,034
National Hourly Rate Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$17$34$51
Hourly Rate
$18.49 - $49.07  
   
Overtime
$17.49 - $48.69  
National Annualized Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$50K$100K$150K
Bonus
$0.00 - $7,889  
   
Commission
$201.34 - $4,966  
Profit Sharing
$302.01 - $5,804  
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).
)
$51,997 - $85,921  
Country: United States | Currency: USD | Updated: 20 Jun 2015 | Individuals Reporting: 150
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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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There are some Senior Tax Accountants — though it's uncommon — that transition into Tax Directors, where earnings are an average $157K annually. When Senior Tax Accountants are ready for the next step in their careers, they often become Tax Managers or Tax Compliance Managers. Those roles pay an additional $23K and $17K, respectively.

Senior Tax Accountant Job Listings

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Popular Employer Salaries for Senior Tax Accountant


EY (Ernst & Young), Deloitte Tax LLP, Grant Thornton Llp, KPMG, LLP, and PricewaterhouseCoopers are all popular places to work. Pay for Senior Tax Accountants is best at PricewaterhouseCoopers, which offers a median salary of $74K. However, the highest reported salaries don't seem to be much higher than the lowest ones; the pay range here runs from $62K to $92K. Senior Tax Accountants can also look forward to large paychecks at Century Business Services, Inc. (CBIZ) ($72K), EY (Ernst & Young) ($71K), and Deloitte Tax LLP ($71K).

Employees at BDO Seidman, LLP take home the smallest paychecks, and $62K is the median salary. Furthermore, range in pay is narrow, with salaries starting at $49K and quickly nearing the top at only $85K. Workers also receive paychecks lighter than average at Mcgladrey ($65K), Grant Thornton Llp ($65K), and KPMG, LLP ($66K).

Popular Skills for Senior Tax Accountant


Survey results imply that Senior Tax Accountants deploy a substantial tool kit of skills at work. Most notably, skills in Legal Research, Tax Compliance, Tax Consulting, and Research Analysis are correlated to pay that is above average, with boosts in pay of 4 percent. Skills that seem to negatively impact pay include Auditing and Microsoft Word. Those familiar with Tax Compliance also tend to 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.


Experience does not seem to be a strong driver of pay increase in this role. The average worker who claims fewer than five years of experience earns around $65K. In contrast, however, individuals who report five to 10 years in this occupation see a much larger median of $69K. Senior Tax Accountants who work for 10 to 20 years in their occupation tend to earn about $72K. Individuals who have achieved more than 20 years of experience don't seem to earn much more than people who have 10 to 20 years under their belts; the more senior group reports an average income of $75K.

Pay Difference by Location


Senior Tax Accountants will find that New York offers an impressive pay rate, one which exceeds the national average by 15 percent. Senior Tax Accountants will also find cushy salaries in San Jose (+13 percent), Seattle (+10 percent), Los Angeles (+9 percent), and Boston (+8 percent). St. Louis is home to the smallest salaries in the field, lagging the national average by 10 percent. Employers also pay below the national average in Dallas (4 percent lower) and Minneapolis (3 percent lower).

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Experience Affects Senior Tax Accountant Salaries




National Average
$67,000


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%

Tax Preparation
0%

Accounting
0%

Sales Tax Reports
0%

National Average
$67,000

Microsoft Excel
up arrow 1%

Microsoft Office
up arrow 2%

Microsoft Word
up arrow 3%

Auditing
up arrow 6%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 465 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
6%

Common Health Benefits

medical benefits Medical: 84% dental benefits Dental: 67%
vision benefits Vision: 54% employee benefits None: 14%
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