Senior Tax Specialist Salary

The average Senior Tax Specialist in the United States earns approximately $65K per year. Geographic location and career duration each impact pay for this group, with the former having the largest influence. A fair number enjoy medical while the larger part get dental coverage. Vision coverage is also available to a majority. Most Senior Tax Specialists survey respondents are women (74 percent). For the most part, Senior Tax Specialists enjoy their work and report high levels of job satisfaction. This snapshot results from replies to PayScale's salary survey.

$42,622 - $91,616
(Median)
$43K
$65K
$92K
MEDIAN: $65,279
10%
50%
90%

Add this chart to your site: 640px    300px

$15.32 - $34.11
(Median)
$15
$21
$34
MEDIAN: $20
10%
50%
90%

Add this chart to your site: 640px    300px

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$33K$66K$99K
Salary
$42,622 - $91,616  
   
Bonus
$250.00 - $12,000  
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).
)
$39,945 - $96,116  
Country: United States | Currency: USD | Updated: 20 Jun 2015 | Individuals Reporting: 155
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
$15.32 - $34.11  
   
Overtime
$22.39 - $37.84  
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
$250.00 - $12,000  
   
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).
)
$39,945 - $96,116  
Country: United States | Currency: USD | Updated: 20 Jun 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


While Senior Tax Specialists do not often become Senior Tax Managers, the job pays $120K per year on average. A common career progression for a Senior Tax Specialist is to become a Tax Manager or a Tax Compliance Manager. Compared to Senior Tax Specialists, the first group earns $25K more on average, and the second group earns $19K more.

Senior Tax Specialist Job Listings

Search for more jobs:

Popular Skills for Senior Tax Specialist


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 17 percent and 7 percent, respectively. It is often found that people who know Tax Compliance are also skilled in Tax Consulting.

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 $70K. Senior Tax Specialists see a median salary of $61K after reaching one to two decades on the job. Average wages for folks with more than 20 years of experience come out to around $63K.

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 8%

National Average
$65,000

Late-Career
up arrow 4%

Experienced
up arrow 7%

Entry-Level
up arrow 7%

Skills That Affect Senior Tax Specialist Salaries

Tax Consulting
up arrow 17%


Tax Preparation
0%

National Average
$65,000

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 46 votes.

Gender

Female
74 %
Male
26 %

Years of Experience

1-4 years
17%
5-9 years
39%
10-19 years
27%
20 years or more
18%

Common Health Benefits

medical benefits Medical: 76% dental benefits Dental: 68%
vision benefits Vision: 65% employee benefits None: 19%
ADVERTISEMENT