With a little over a half of Senior Tax Specialists in the United States reporting more than 10 years of experience in the field, this area is heavily weighted toward experienced professionals. Pay ranges from $37K to $100K per year and averages out to $70K annually. Career length is the biggest factor affecting pay for this group, followed by geography. Although a strong majority have medical coverage and more than half have dental coverage, about a fourth claim no health benefits at all. Most Senior Tax Specialists report high levels of job satisfaction. The data for this synopsis comes from respondents who took the PayScale salary survey.

$47,965 - $93,856
(Median)
$48K
$70K
$94K
MEDIAN: $69,755
10%
50%
90%

Add this chart to your site: 640px    300px

$10.15 - $37.03
(Median)
$10
$20
$37
MEDIAN: $20
10%
50%
90%

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$34K$68K$102K
Salary
$47,965 - $93,856  
   
Bonus
$0.00 - $10,304  
Profit Sharing
$4,861  
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).
)
$37,216 - $99,862  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 69
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$19$38$57
Hourly Rate
$10.15 - $37.03  
   
Overtime
$15.46 - $56.24  
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 - $10,304  
   
Profit Sharing
$4,861  
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).
)
$37,216 - $99,862  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 22
United States (change)

Find Out Exactly What You Should Be Paid

United States (change)


Employers: 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


There are some Senior Tax Specialists — though it's uncommon — that transition into Senior Tax Managers, where earnings are an average $123K 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 $25K and $17K higher per year.

Senior Tax Specialist Job Listings

Search for more jobs:

Popular Skills for Senior Tax Specialist


Survey takers who work as Senior Tax Specialists typically report just a few professional skills. Financial compensation rises with mastery of Tax Preparation, Tax Consulting, and Tax Compliance skills (by 7 percent). The majority of those 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.


Relatively untried employees who have less than five years' experience make $58K, but folks with five to 10 years under their belts enjoy an appreciably larger median of $75K. Senior Tax Specialists bring in $59K after working for 10 to 20 years. Seasoned veterans with 20 years under their belts enjoy a median income of $61K.

Related Job Salaries

United States (change)

Find Out Exactly What You Should Be Paid

United States (change)


Employers: Start Here »

Experience Affects Senior Tax Specialist Salaries

Mid-Career
up arrow 11%

National Average
$67,000


Experienced
up arrow 12%

Entry-Level
up arrow 15%

Skills That Affect Senior Tax Specialist Salaries



Tax Consulting
up arrow 6%

National Average
$67,000

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 17 votes.

Gender

Female
69 %
Male
31 %

Years of Experience

1-4 years
14%
5-9 years
33%
10-19 years
27%
20 years or more
25%

Common Health Benefits

medical benefits
Medical: 71%
dental benefits
Dental: 68%
medical benefits
Vision: 56%
dental benefits
None: 26%
ADVERTISEMENT