Senior Tax Specialist Salary

An average Senior Tax Specialist in the United States can expect to take home roughly $65K annually. Career duration is the biggest factor affecting pay for this group, followed by geography. Men are in the minority of survey respondents, with female Senior Tax Specialists making up 74 percent. Most Senior Tax Specialists like their work and job satisfaction is high. A strong majority report receiving medical coverage from their employers and a majority collect dental insurance. The figures in this overview were provided by individuals who took PayScale's salary questionnaire.

$43,363 - $92,121

Add this chart to your site: 640px    300px

$15.32 - $34.11

Add this chart to your site: 640px    300px

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$33K$66K$99K
Salary
$43,363 - $92,121  
   
Bonus
$0.00 - $11,836  
Profit Sharing
$1,200 - $5,057  
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).
)
$40,915 - $96,672  
Country: United States | Currency: USD | Updated: 18 Jul 2015 | Individuals Reporting: 160
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
$15.32 - $34.11  
   
Overtime
$22.39 - $37.84  
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 - $11,836  
   
Profit Sharing
$1,200 - $5,057  
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).
)
$40,915 - $96,672  
Country: United States | Currency: USD | Updated: 18 Jul 2015 | Individuals Reporting: 26
United States (change)

Find Out Exactly What You Should Be Paid

United States (change)


Comp Managers: Start Here »

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

  • 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


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


Though not the most common occurrence, Senior Tax Specialists sometimes become Senior Tax Managers, where the average income is $120K per year. Typical career progression for a Senior Tax Specialist involves becoming a Tax Manager or a Tax Compliance Manager, roles that pay $26K more and $19K more on average.

Senior Tax Specialist Job Listings

Search for more jobs:

Popular Skills for Senior Tax Specialist


Senior Tax Specialists note just a narrow range of job skills. Tax Consulting and Tax Compliance are considered valuable skills and can increase employee pay by 17 percent and 6 percent, respectively. Most people who know Tax Compliance also know Tax Consulting.

Pay by Experience Level for Senior Tax Specialist

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


Salaries for the relatively untried average out to around $61K, but survey participants with five to 10 years of experience earn a significantly higher median of $70K. For Senior Tax Specialists, 10 to 20 years of experience on the job amounts to an average salary of $59K. Old hands who claim more than two decades on the job enjoy average earnings of $64K.

Related Job Salaries

United States (change)

Find Out Exactly What You Should Be Paid

United States (change)


Comp Managers: Start Here »

Experience Affects Senior Tax Specialist Salaries

Mid-Career
up arrow 7%

National Average
$65,000

Late-Career
up arrow 2%

Entry-Level
up arrow 7%

Experienced
up arrow 9%

Skills That Affect Senior Tax Specialist Salaries

Tax Consulting
up arrow 17%


Tax Preparation
up arrow 1%

National Average
$65,000

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 49 votes.

Gender

Female
74 %
Male
26 %

Years of Experience

1-4 years
16%
5-9 years
39%
10-19 years
27%
20 years or more
18%

Common Health Benefits

medical benefits Medical: 75% dental benefits Dental: 69%
vision benefits Vision: 64% employee benefits None: 19%
ADVERTISEMENT