What is the average salary for a tax specialist, and how do your education and skills influence it? Discover the answers to these questions and more to help guide your job search.
A tax specialist is a knowledgeable professional who provides expertise and guidance in navigating tax laws. They also research tax laws, prepare tax returns, ensure accurate billing for escrow accounts, and offer tax advice on complex matters. Common services that tax specialists provide for their clients include tax planning, tax preparation, tax compliance, and others.
Various factors can impact the salary you receive as a tax specialist in the US, including education and certification, experience, your location, the industry you work in, and your employer. Explore the job in more detail below, along with the earnings you can expect in this position.
A tax specialist, also known as a tax accountant or tax advisor, is an individual with expertise and knowledge in taxation. They train to understand and navigate the complex tax laws and regulations enforced by government authorities, such as the Internal Revenue Service (IRS).
Tax specialists' standard roles and responsibilities include providing tax advice and support in several ways, including the following:
Tax planning: They help individuals and businesses develop strategies to minimize their tax liability by taking advantage of deductions, exemptions, and other tax-saving opportunities within the legal framework.
Tax preparation: Tax specialists assist in preparing and filing tax returns to ensure the forms are accurate and submitted on time while adhering to applicable tax laws and regulations.
Tax compliance: They help individuals and businesses comply with tax laws by staying updated on tax code changes, assisting with recordkeeping, and ensuring proper documentation for audits or inquiries by tax authorities.
Tax audits: Tax specialists assist clients during tax audits, whether from the IRS or state level.
Tax specialists can include certified public accountants (CPAs) with a tax specialization, tax attorneys, enrolled agents (EAs), and other professionals with specific tax expertise. When dealing with complex tax matters, it's important to consult with a qualified tax specialist to ensure compliance and optimize your tax situation.
The annual income for accountants and auditors, a closely related job, averages $79,880 [1]. The table below includes salaries from five other salary reporting websites for comparison’s sake and a comprehensive view of the average salary for the job [2, 3, 4, 5, 6]:
US Bureau of Labor Statistics (BLS) | Glassdoor | Zippia | Indeed | Payscale |
---|---|---|---|---|
$79,880 (median) | $62,268 | $57,168 | $69,386 | $66,149 |
Various factors can impact the salary you may receive as a tax specialist, including your level of education, professional credentials, and experience. Keeping these factors in mind can help you understand the level of compensation to expect based on your qualifications and other considerations.
Higher levels of education, such as advanced degrees in taxation or accounting, can enhance a tax specialist’s qualifications and salary prospects. In general, to pursue a role as a tax specialist, a bachelor’s degree focused in accounting or other related disciplines, such as finance or business administration, is necessary. As you move to senior-level roles, many of these professionals attain a master’s degree in accountancy, which allows you to specialize in tax and qualify for higher-paying positions. Below is a list of average annual salaries from Zippia based on education level [4]:
High school diploma or less: $48,471
Associate degree: $52,261
Bachelor's degree: $58,879
Master's degree: $63,427
Additionally, earning professional certifications to become a CPA or EA can positively influence your potential salary levels. Below is the average annual base pay for each:
As you gain experience in your role, it’s possible to have more responsibilities or take on other roles in planning or management. With enough experience, you can specialize in research in an advisory role. Generally, as you gain expertise as a tax specialist, your earning potential increases. Below is a list of job experience levels and their corresponding average annual base pay [3].
0–1 years of experience: $55,620
1–3 years of experience: $58,699
4–6 years of experience: $60,140
7–9 years of experience: $62,763
10–14 years of experience: $66,247
15+ years of experience: $69,494
Tax specialists often experience some fluctuations in earnings throughout the year. It is important to note that tax specialists often have a busy season during the months leading up to tax filing deadlines (typically between January and April in the United States). During the tax season, tax specialists may experience an increased workload and demand for their services, which can contribute to higher earnings. However, it is crucial to consider that individual circumstances may differ, and not all tax specialists experience significant variations in income based on the season.
The geographic location of employment can considerably impact a tax specialist’s salary. Cities or regions with a high cost of living or a strong demand for tax services tend to offer higher compensation.
The cities in the United States that pay tax specialists the highest average yearly salaries are [3]:
Columbus, OH: $155,940
New York, NY: $123,990
Chicago, IL: $78,216
Costa Mesa, CA: $68,033
Baton Rouge, LA: $66,820
The industry you work in can also influence your wages. Different industries have varying levels of complexity regarding tax regulations, compliance requirements, and financial structures.
The best industries to work in as a tax specialist in terms of salary are:
Finance companies
Tax preparation companies
Insurance companies
Government entities
Some other common industries to consider include retail, education, technology, non-profits, health care, and construction.
The size and reputation of the tax firm influence salary ranges. Larger firms with an established history typically offer higher salaries compared to smaller firms or independent practices.
The top firms that pay tax specialists the highest average yearly salary in the United States, according to Glassdoor’s January 2025 data, include [3]:
ConocoPhillips: $93,529
Entergy: $87,375
PwC: $76,000
BNY: $79,000
IRS: $59,000
According to the BLS, similar roles, such as accountants and auditors, expect job growth of about 6 percent from 2023 to 2033. The best estimate for job growth for tax specialists is around this same level, which is on par with the average for all occupations nationwide. This growth equates to over 130,800 job openings being available on average each year within this period [9].
Within the tax realm, many jobs have similar names. Below are a few other related job titles in this industry:
*All annual base salary data is sourced from Glassdoor as of January 2025 and does not include additional pay, such as commission and benefits.
Tax consultant: $75,789
Tax preparer: $55,985
Tax advisor: $83,783
Payroll specialist: $56,356
Tax associate: $59,761
Tax analyst: $71,702
Tax accountant: $78,181
Tax manager: $124,012
Tax specialist salary depends on factors like education, skills, location, industry, and company. Continue learning about becoming a tax specialist or a similar position by completing a course or receiving a relevant Professional Certificate to begin your journey or sharpen your skills. Try the Intuit Academy Bookkeeping Professional Certificate from Inuit to launch a career in bookkeeping, or try the US Federal Taxation Specialization from the University of Illinois at Urbana-Champaign to gain in-depth knowledge of tax law in the United States. Upon completing either program, gain a shareable certificate to include in your resume, CV, or LinkedIn profile.
All Business Schools. "How Much Does an Accountant Make?, https://www.allbusinessschools.com/accounting/salary/" Accessed December 7, 2024.
US Bureau of Labor Statistics. "Occupational Outlook Handbook: Accountants and Auditors, Summary, https://www.bls.gov/ooh/business-and-financial/accountants-and-auditors.htm." Accessed December 7, 2024.
Glassdoor. “How much does a Tax Specialist make?, https://www.glassdoor.com/Salaries/tax-specialist-salary-SRCH_KO0,14.htm#:~:text=The%20estimated%20total%20pay%20for,salaries%20collected%20from%20our%20users. Accessed December 7, 2024.
Zippia. “Tax Specialist Salary, https://www.zippia.com/salaries/tax-specialist/.” Accessed December 7, 2024.
Indeed. “Tax specialist salary in United States, https://www.indeed.com/career/tax-specialist/salaries.” Accessed December 7, 2024.
Payscale. “Average Tax Specialist Salary, https://www.payscale.com/research/US/Job=Tax_Specialist/Salary.” Accessed December 7, 2024.
Glassdoor. “How much does a CPA make? https://www.glassdoor.com/Salaries/cpa-salary-SRCH_KO0,3.htm.” Accessed December 7, 2024.
Glassdoor. “How much does an Enrolled Agent make? https://www.glassdoor.com/Salaries/enrolled-agent-salary-SRCH_KO0,14.htm.” Accessed December 7, 2024.
US Bureau of Labor Statistics. “Accountants and Auditors, https://www.bls.gov/ooh/business-and-financial/accountants-and-auditors.htm#tab-6.” Accessed December 7, 2024.
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