Senior Tax Specialist Salary

With just below three-fifths of Senior Tax Specialists in the United States reporting more than 10 years of experience, the field is heavily weighted toward experienced professionals. Average pay for Senior Tax Specialists is $72K per year and can range from $26K on the lower end to $97K per year near the higher end. Geography and career duration each impact pay for this group, with the former having the largest influence. Work is enjoyable for Senior Tax Specialists, who typically claim high levels of job satisfaction. Female Senior Tax Specialists make up most of the survey respondents at 71 percent. Although a majority have medical coverage and more than half have dental coverage, roughly one in three claim no health benefits at all.

$48,901 - $96,675
$49K
$72K
$97K
MEDIAN: $71,549
10%
50%
90%

Add this chart to your site: 640px    300px

$9.64 - $34.78
$9
$17
$35
MEDIAN: $17.14
10%
50%
90%

Add this chart to your site: 640px    300px

$0$96K
Salary $48,901 - $96,675
Bonus $0.00 - $9,863
Profit Sharing $1,700
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).
)
$26,490 - $97,000
  • Country: United States
  • Currency: USD
  • Updated: 25 Jul 2017
  • Individuals Reporting: 51
Hourly Data $0$73
Hourly Rate $9.64 - $34.78
Overtime $14.97 - $73.97
Annual Data $0$96K
Bonus $0.00 - $9,863
Profit Sharing $1,700
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).
)
$26,490 - $97,000
  • Country: United States
  • Currency: USD
  • Updated: 25 Jul 2017
  • Individuals Reporting: 25

Find Out Exactly What You Should Be Paid

United States (change)

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.

Read More...

Senior Tax Specialist Tasks

  • 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.
  • Prepare federal, state and local income tax filings with quarterly estimates, extensions and tax returns.
  • 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.

Common Career Paths for Senior Tax Specialist


Add this chart to your site:   640px 640px    300px 300px


While not commonly seen, Senior Tax Specialists who transition into a Senior Tax Manager position may see a rise in pay. The median salary for Senior Tax Managers is $123K per year. The most common next step for a Senior Tax Specialist is to become a Tax Manager or a Tax Compliance Manager. The former position pays an additional $28K per year on average, and the latter position pays $19K more per year.

Senior Tax Specialist Job Listings

Popular Skills for Senior Tax Specialist


Senior Tax Specialists note just a narrow range of job skills. Those familiar with Tax Preparation, Tax Compliance and Tax Consulting will likely experience a boost in pay, earning between 8 percent to 11 percent above the national average. Most people experienced in Tax Compliance also know Tax Consulting.

Pay by Experience Level for Senior Tax Specialist

Pay by Experience for a Senior Tax Specialist has a positive trend. An entry-level Senior Tax Specialist with less than 5 years of experience can expect to earn an average total compensation of $59,000 based on 10 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Senior Tax Specialist with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $73,000 based on 36 salaries. An experienced Senior Tax Specialist which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $60,000 based on 24 salaries. A Senior Tax Specialist with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $63,000 based on 15 salaries.

Related Job Salaries

Key Stats for Senior Tax Specialist

Gender

Female
71 %
Male
29 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 12 votes.
1-4 years
16%
5-9 years
28%
10-19 years
30%
20 years or more
26%
ADVERTISEMENT
Location:
Years in Fields/Career:
United States (change)

Experience Affects Senior Tax Specialist Salaries

▲12%

National Average
$65,000

▼3%

▼8%

▼9%

Skills That Affect Senior Tax Specialist Salaries



Tax Consulting
▲8%

National Average
$65,000

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 12 votes.

Gender

Female
71 %
Male
29 %

Years of Experience

1-4 years
16%
5-9 years
28%
10-19 years
30%
20 years or more
26%

Common Health Benefits

medical benefits
Medical: 65%
dental benefits
Dental: 61%
vision benefits
Vision: 48%
no benefits
None: 32%
ADVERTISEMENT