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Senior Tax Specialist Salary

Senior Tax Specialists in the United States take home an average $64K per year. A fair number enjoy medical while a majority get dental coverage. Vision coverage is also available to the larger part. Work is enjoyable for Senior Tax Specialists, who typically claim high levels of job satisfaction. Most Senior Tax Specialists survey respondents are women (74 percent). The data in this summary comes from the PayScale salary survey.

$42,485 - $91,338
(Median)
$42K
$64K
$91K
MEDIAN: $64,315
10%
50%
90%

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$15.36 - $33.86
(Median)
$15
$21
$34
MEDIAN: $20
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$32K$64K$96K
Salary
$42,485 - $91,338  
   
Bonus
$481.77 - $11,960  
Profit Sharing
$1,017 - $5,087  
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).
)
$40,530 - $95,647  
Country: United States | Currency: USD | Updated: 2 May 2015 | Individuals Reporting: 154
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$16$32$48
Hourly Rate
$15.36 - $33.86  
   
Overtime
$22.28 - $37.93  
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$32K$64K$96K
Bonus
$481.77 - $11,960  
   
Profit Sharing
$1,017 - $5,087  
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).
)
$40,530 - $95,647  
Country: United States | Currency: USD | Updated: 2 May 2015 | Individuals Reporting: 27

Find Out Exactly What You Should Be Paid

United States (change)


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Job Description for Senior Tax Specialist

Senior tax specialists work to ensure that a company's taxes are all taken care of so that the company is level with the IRS. Senior tax specialists must know all of the ins and outs of tax laws--which are constantly changing--so they must be prepared to always be learning for their job. If a company is audited and they did not report their taxes properly, the company could owe money and in some cases be in serious trouble for tax evasion.

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Senior Tax Specialist Tasks

  • Compile information including sales tax reports, use tax accruals, inventory, accounts payable and fixed asset reports.
  • Analyze and code fixed invoices, repair invoices, and apply account classification.
  • Prepare federal, state and local income tax filings with quarterly estimates, extensions and tax returns.
  • Balance, analyze, prepare, and/or process asset sales, disposals, general ledger accounts, tax returns, and invoices.
  • Identify tax issues that arise in the compliance process.

Common Career Paths for Senior Tax Specialist


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It's not very common for Senior Tax Specialists to move on to become Senior Tax Managers. Average pay for a Senior Tax Manager is $120K annually. It is quite typical for Senior Tax Specialists to transition into roles as Tax Managers or Tax Compliance Managers, where reported median earnings are $26K and $20K higher per year.

Senior Tax Specialist Job Listings

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Typical Senior Tax Specialists report a focused set of job skills. Tax Consulting and Tax Compliance are considered valuable skills and can increase employee pay by 16 percent and 7 percent, respectively. Tax Compliance and Tax Preparation are correlating skills — those who know the former usually know the latter.

Pay by Experience Level for Senior Tax Specialist

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


Survey participants with less than five years' experience pocket $60K on average, but those with five to 10 years of experience enjoy a much bigger median of $68K. Senior Tax Specialists who work for 10 to 20 years in their occupation tend to earn about $62K. Old hands who claim more than two decades on the job enjoy average earnings of $63K.

Related Job Salaries

United States (change)

Experience Affects Senior Tax Specialist Salaries

Mid-Career
up arrow 6%

National Average
$64,000

Late-Career
up arrow 3%

Experienced
up arrow 4%

Entry-Level
up arrow 6%

Skills That Affect Senior Tax Specialist Salaries

Tax Consulting
up arrow 16%


Tax Preparation
up arrow 1%

National Average
$64,000

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 47 votes.

Gender

Female
74 %
Male
26 %

Years of Experience

1-4 years
18%
5-9 years
39%
10-19 years
25%
20 years or more
18%

Common Health Benefits

medical benefits Medical: 77% dental benefits Dental: 70%
vision benefits Vision: 65% employee benefits None: 18%
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