Education Career Articles

Connect Facebook Connect Twitter Connect Google+ Connect Pinterest Connect Stumbleupon

Job Description and Requirements for Becoming a Tax Accountant

Job Descriptions January 3, 2013

Clients rely on tax accountants to assist them with their income and financial statements. The work week for these professionals are comparable to those who work in other occupations, except during the tax season; they are required to work longer hours. In this article, we will look at the career path of a tax accountant and discuss what an aspiring tax accountant must do in order to pursue their career.

Tax Accountants’ Job Description

Individuals, organizations and businesses depend on tax accountants to prepare their local, state and federal tax returns. Due to these job requirements; tax accountants are required to have extensive knowledge about government regulations and business concepts. Clients can rely on tax accountants for advice on minimizing tax liability, and information about any tax changes that could affect their business; such clients will require tax accountants to assist them with ensuring compliance with taxing agencies. Tax accountants are required to get involved in any audits or disputes that may affect their clients.

Job Growth Potential

An encouraging job growth of twenty-two percent has been projected for auditors and accountants during the decade from 2008 to 2018 (source: the U.S. Bureau of Labor Statistics (BLS – www.bls.gov). This is due to the growth of small businesses that lead to growing demand for accountants to manage their financial matters.

Wage Potential

The average annual salary for most tax accountants ranges from $34,789 to $65,643 (source: Payscale.com). A higher average annual salary is earned by tax accountants who rise to the ranks of tax director or senior tax accountant.

Educational Prerequisites

Employers require potential tax accountants to have completed a bachelor degree program, at the bare minimum. Aspiring tax accountants can seek bachelor degree programs in accounting or related specialties such as business administration. Those who want to complete a master program in accountancy should consider a course that includes a tax specialty. Typically, coursework of such programs covers topics such as taxation, auditing and financial planning; this is in addition to courses in statistics and business calculus.

Certification and Licensure Norms

Tax accountants must seek licenses from their state boards to practice as Certified Public Accountants (CPAs), this is mandatory for the filing of reports with the U.S. Securities and Exchange Commission. Licensure norms are different in every state, but in most states, completion of one hundred fifty semester hours is mandatory that is thirty hours over the requirement for completion of a four-year degree program. Most states seek two years’ experience of accounting work. Once they have satisfied the eligibility criteria, candidates will be allowed to take the CPA exam conducted by the American Institute of Certified Public Accountants (www.aicpa.org). Once they have earned certification, continuing education by CPAs are required to maintain their credentials.

Searching Searching ...

Matching School Ads
2 Program(s) Found
  • Earn your Bachelor of Business Administration (BBA) 100% online
  • Program designed to teach students key concepts in accounting, financial services, and marketing
  • South University brings over 115 years of tradition and achievement to a supportive, online classroom
Good for Working Adults
  • Online Courses
  • Flexible Scheduling
  • Financial Aid
  • Transferable Credits
4 Program(s) Found
  • Become the leader you know you can be @ Ashford University
  • Apply Now! Classes Start Every Tuesday!
  • Online Courses
2 Program(s) Found
  • Designated as a 2015 Military Friendly® School by Victory Media, publishers of G.I. Jobs®.
  • Each program is designed to instill the knowledge, ethical values, and interpersonal skills of professional practice and to foster values of social responsibility.
  • Offers several flexible learning options, including a blended format that combines campus and online learning.
  • Several scholarship opportunities are available for students who qualify.
Good for Working Adults
  • Online Courses
  • Flexible Scheduling
  • Financial Aid
  • Transferable Credits
  • Education Connection is a 100% Free College Matching Service used by 50,000 People Daily.
  • Get Matched to the Right Business Administration and Management, Accounting, Healthcare Administration, Marketing and Entrepreneurship Degree Program for YOU.
  • Affordable and Flexible Business Degree Programs from Top Colleges Across the Nation. Both Online And Campus!
  • Just Fill Out a Few Questions and You Can Find Your Perfect Business Degree Program Within Minutes.
  • Start Using our Fast, Free, and Easy Matching Service Right HERE and Right NOW!
  • Programs include Entertainment Business(BS), Internet Marketing (BS), and Business Intelligence (MS)
  • Students explore concepts like marketing, global media management, and business technology and design
  • Online Courses
  • Available business concentrations include Accounting, Economics, Marketing, and more.
  • Ranked among the Best Online MBA and Online Graduate Business Programs in 2016 by U.S. News & World Report.
  • Programmatic accreditation provided by the Accreditation Council for Business Schools and Programs (ACBSP).
  • Online Courses

Searching Searching ...

Matching School Ads
2 Program(s) Found
  • Online Bachelor's programs include BBA, Criminal Justice, Psychology, IT, Healthcare Management & Public Health
  • Over 115 years of delivering quality education and personalized attention to students
  • Provide a range of campus experiences and services online including advising, tutoring, student community, and career services
  • Give students and alumni access to career assistants who help with resumes, cover letters, job hunting, and more.
Good for Working Adults
  • Online Courses
  • Flexible Scheduling
  • Financial Aid
  • Transferable Credits
4 Program(s) Found
  • Become the leader you know you can be @ Ashford University
  • Apply Now! Classes Start Every Tuesday!
  • Online Courses
2 Program(s) Found
  • Designated as a 2015 Military Friendly® School by Victory Media, publishers of G.I. Jobs®.
  • Each program is designed to instill the knowledge, ethical values, and interpersonal skills of professional practice and to foster values of social responsibility.
  • Offers several flexible learning options, including a blended format that combines campus and online learning.
  • Several scholarship opportunities are available for students who qualify.
Good for Working Adults
  • Online Courses
  • Flexible Scheduling
  • Financial Aid
  • Transferable Credits
1 Program(s) Found
  • Available business concentrations include Accounting, Economics, General Management, Marketing, and Human Resource Management.
  • Ranked among the Best Online MBA and Online Graduate Business Programs in 2016 by U.S. News & World Report.
  • Programmatic accreditation provided by the Accreditation Council for Business Schools and Programs (ACBSP).
  • Regionally accredited by the Southern Association of Colleges and Schools Commission on Colleges (SACSCOC).
  • Online Courses
1 Program(s) Found
  • Full Sail’s curriculum combines elements of creativity, art, business and life skills, technical prowess, and academic achievement.
  • Full Sail offers accelerated programs, so a degree that would normally take four years takes 24 months on average.
  • Students work with industry-standard tools and technologies, allowing them to gain practical knowledge and real-world experience.
  • Join us on Facebook, Twitter, YouTube and Instagram to interact with our community, read about grad success, and see campus images.
  • Online Courses

Login to your account

Can't remember your Password ?

Register for this site!