Tax Accountant Salary

Tax Accountants in the United States pull down an average of $52K annually. Total cash compensation to Tax Accountants approaches anywhere from $37K on the lower end to $71K on the higher end; in exceptional cases, this can include more than $6K from bonuses and upwards of $5K from profit sharing. Compensation for this group is mainly affected by the specific employer, but geography and tenure are influential factors as well. Just under one in four of professionals in this line of work do not receive benefits; however, a strong majority report medical coverage and a majority claim dental coverage as well. Women make up a slight majority of Tax Accountants (56 percent) survey respondents. The majority of workers are highly satisfied with their job. This snapshot results from replies to PayScale's salary survey.

$39,679 - $69,412
(Median)
$40K
$52K
$69K
MEDIAN: $51,871
10%
50%
90%

Add this chart to your site: 640px    300px

$13.46 - $30.43
(Median)
$13
$20
$30
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$24K$48K$72K
Salary
$39,679 - $69,412  
   
Bonus
$0.00 - $5,912  
Profit Sharing
$290.87 - $5,212  
Commission
$150.00 - $5,250  
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).
)
$37,373 - $71,491  
Country: United States | Currency: USD | Updated: 20 Jun 2015 | Individuals Reporting: 2,070
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$15$30$45
Hourly Rate
$13.46 - $30.43  
   
Overtime
$18.56 - $43.32  
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$30K$60K$90K
Bonus
$0.00 - $5,912  
   
Commission
$150.00 - $5,250  
Profit Sharing
$290.87 - $5,212  
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).
)
$37,373 - $71,491  
Country: United States | Currency: USD | Updated: 20 Jun 2015 | Individuals Reporting: 478
United States (change)

Find Out Exactly What You Should Be Paid

United States (change)


Comp Managers: Start Here »

Job Description for Tax Accountant

Tax accountants specialize in preparing and submitting tax documents for clients, which can include private individuals and private and public companies; these companies may include non-profits and government agencies, as well. Tax accountants often devise tax strategies to defer or eliminate tax payments, coordinate audits with various taxation authorities, and advise corporate management of taxation strategies. As such, they must understand and interpret tax law and occasionally explain its implications to clients.

Read More...

Tax Accountant Tasks

  • Ensure compliance with state and federal regulations.
  • Analyze tax regulations and recommend policies that minimize tax burden.
  • Prepare tax returns and reports, maintain records, analyze and research complex tax issues.
  • Provides support during audits.

Common Career Paths for Tax Accountant


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


Tax Accountants who go on to become Senior Tax Managers may see their salaries climb quite a bit. Median pay for Senior Tax Managers is $120K annually. When Tax Accountants are ready for the next step in their careers, they often become Senior Tax Accountants or Tax Managers. Those roles pay an additional $12K and $39K, respectively.

Tax Accountant Job Listings

Search for more jobs:

Popular Employer Salaries for Tax Accountant


PricewaterhouseCoopers pays the most with a median salary of $61K, though there is little variation overall ($51K to $79K).

Popular Skills for Tax Accountant


Survey takers working as Tax Accountants report using a large range of professional skills. Most notably, skills in Tax Consulting, Tax Compliance, ADP Sales and Use Tax System, and Financial Analysis are correlated to pay that is above average. At the other end of the pay range are skills like Auditing, Bookkeeping, and Accounting. Those educated in Tax Compliance tend to be well versed in Microsoft Excel.

Pay by Experience Level for Tax Accountant

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


Tax Accountants with a lot of experience do not necessarily enjoy more money. Survey participants with less than five years' experience pocket $50K on average, but those with five to 10 years of experience enjoy a much bigger median of $57K. For Tax Accountants, 10 to 20 years of experience on the job amounts to an average salary of $59K. Individuals who report more than two decades of experience seem to make only slightly more than folks in the 10-to-20 year range; the more senior group sees median earnings in the comparatively modest ballpark of $61K.

Pay Difference by Location


For those looking to make money, Tax Accountants in New York enjoy an exceptional pay rate, 20 percent above the national average. Tax Accountants can also look forward to large paychecks in cities like Seattle (+16 percent), San Francisco (+13 percent), Houston (+12 percent), and Chicago (+12 percent). The lowest-paying market is San Antonio, which sits 3 percent below the national average. Not at the bottom but still paying below the median are employers in St. Louis and Miami (3 percent lower and 1 percent lower, respectively).

Related Job Salaries

United States (change)

Find Out Exactly What You Should Be Paid

United States (change)


Comp Managers: Start Here »

Experience Affects Tax Accountant Salaries




National Average
$52,000


Skills That Affect Tax Accountant Salaries



ADP Sales and Use Tax System
up arrow 3%

Microsoft Excel
up arrow 2%

Financial Analysis
up arrow 2%

Financial Reporting
up arrow 2%

Tax Preparation
up arrow 1%

Software Knowledge
up arrow 1%

Microsoft Office
0%

National Average
$52,000

Quickbooks
up arrow 2%

Sales Tax Reports
up arrow 2%

Payroll Tax Compliance
up arrow 4%

Accounting
up arrow 5%


Auditing
up arrow 16%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 480 votes.

Gender

Female
56 %
Male
44 %

Years of Experience

Less than 1 year
9%
1-4 years
51%
5-9 years
22%
10-19 years
11%
20 years or more
7%

Common Health Benefits

medical benefits Medical: 76% dental benefits Dental: 56%
vision benefits Vision: 45% employee benefits None: 22%
ADVERTISEMENT