$71,902
Avg. Salary
$17.58
Avg. Hourly Rate

Average additional compensation:

$4,069

Bonus

$3,500

Profit Sharing

What am I worth?
How should I pay?

The average pay for a Senior Tax Specialist is $17.58 per hour.

The average pay for a Senior Tax Specialist is $71,902 per year.

$9.79
10%
$17.58
50%
$37.63
90%
MEDIAN $17.58
$49k
10%
$72k
50%
$94k
90%
MEDIAN $71,902
$48,564 - $94,364
$49K
$72K
$94K
MEDIAN: $71,902
10%
50%
90%

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$9.79 - $37.63
$9
$18
$38
MEDIAN: $17.58
10%
50%
90%

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$0$97K
Salary $48,564 - $94,364
Bonus $0.00 - $10,926
Profit Sharing $3,500
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).
)
$30,304 - $97,464
  • Country: United States
  • Currency: USD
  • Updated: 22 Feb 2019
  • Individuals Reporting: 106
Hourly Data $0$68
Hourly Rate $9.79 - $37.63
Overtime $14.75 - $68.06
Annual Data $0$97K
Bonus $0.00 - $10,926
Profit Sharing $3,500
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).
)
$30,304 - $97,464
  • Country: United States
  • Currency: USD
  • Updated: 22 Feb 2019
  • Individuals Reporting: 38

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


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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.

Senior Tax Specialist Reviews

Q: What is it like working as a Senior Tax Specialist?

Senior Tax Specialist in Minnetonka:
Pros: Challenges of bringing on M&A and merging the new payroll into our existing one.
Cons:

Related Job Salaries

Key Stats for Senior Tax Specialist

Gender

Female
62 %
Male
38 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 25 votes.
1-4 years
21%
5-9 years
24%
10-19 years
28%
20 years or more
26%

Related Jobs

Experience Affects Senior Tax Specialist Salaries

▲8%

National Average
$67,000

▼5%

▼10%

▼12%

Skills That Affect Senior Tax Specialist Salaries



Tax Consulting
▲5%

National Average
$67,000

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 25 votes.

Gender

Female
62 %
Male
38 %

Years of Experience

1-4 years
21%
5-9 years
24%
10-19 years
28%
20 years or more
26%

Common Health Benefits

medical benefits
Medical: 66%
dental benefits
Dental: 63%
vision benefits
Vision: 52%
no benefits
None: 32%