Also known as Certified Income Tax Preparer (CTP), Corporate Tax Preparer, Enrolled Agent, Income Tax Preparer, Tax Advisor, Tax Associate, Tax Consultant, Tax Preparer, Tax Professional, Tax Specialist
Also known as Certified Income Tax Preparer (CTP), Corporate Tax Preparer, Enrolled Agent
Tax Advisors prepare tax returns for individuals or small businesses.
Tax Advisors are often responsible for overseeing or executing some or all of the following tasks:
The above responsibilities are specific to Tax Advisors. More generally, Tax Advisors are involved in several broader types of activities:
The median salary for a Tax Advisor is $44,300, and the average salary is $52,710. Both the median and average roughly describe the middle of the Tax Advisor salary range, but the average is more easily affected by extremely high or low salaries.
Many Tax Advisors earn significantly more or less than the average, due to several factors. About 10% of Tax Advisors earn less than $22,090 per year, 25% earn less than $29,310, 75% earn less than $65,960, and 90% earn less than $93,540.
Between the years of 2020 and 2030, the number of Tax Advisors is expected to change by 1.6%, and there should be roughly 9,800 open positions for Tax Advisors every year.
Career interests describe a person's preferences for different types of working environments and activities. When a person's interest match the demands of an occupation, people are usually more engaged and satisfied in that role.
Compared to most occupations, those who work as a Tax Advisor are usually higher in their Conventional and Enterprising interests.
Tax Advisors typically have very strong Conventional interests. Conventional occupations frequently involve following set procedures and routines. These occupations can include working with data and details more than with ideas. Usually there is a clear line of authority to follow.
Also, Tax Advisors typically have moderate Enterprising interests. Enterprising occupations frequently involve starting up and carrying out projects. These occupations can involve leading people and making many decisions. Sometimes they require risk taking and often deal with business.
People differ in their values, or what is most important to them for building job satisfaction and fulfillment.
Compared to most people, those working as a Tax Advisor tend to value Relationships, Support, and Independence.
Most importantly, Tax Advisors moderately value Relationships. Occupations that satisfy this work value allow employees to provide service to others and work with co-workers in a friendly non-competitive environment.
Second, Tax Advisors moderately value Support. Occupations that satisfy this work value offer supportive management that stands behind employees.
Lastly, Tax Advisors moderately value Independence. Occupations that satisfy this work value allow employees to work on their own and make decisions.
Each occupation brings its own set of psychological demands, which describe the characteristics necessary to perform the job well.
In order to perform their job successfully, people who work as Tax Advisors must consistently demonstrate qualities such as attention to detail, integrity, and dependability.
Below, you'll find a list of qualities typically required of Tax Advisors, ranked by importance:
Tax Advisors often have training in vocational schools, related on-the-job experience, or an associate's degree.
Tax Advisors usually need one or two years of training involving both on-the-job experience and informal training with experienced workers. A recognized apprenticeship program may be associated with this occupation.
Tax Advisors may benefit from understanding of specialized subject areas, such as customer and personal service, economics and accounting, or computers and electronics knowledge.
The list below shows several areas in which most Tax Advisors might want to build proficiency, ranked by importance.
Tax Advisors must develop a particular set of abilities to perform their job well. Abilities are individual capacities that influence a person's information processing, sensory perception, motor coordination, and physical strength or endurance. Individuals may naturally have certain abilities without explicit training, but most abilities can be sharpened somewhat through practice.
For example, Tax Advisors need abilities such as near vision, oral comprehension, and written comprehension in order to perform their job at a high level. The list below shows several important abilities for Tax Advisors, ranked by their relative importance.
Skills are developed capacities that enable people to function effectively in real-world settings. Unlike abilities, skills are typically easier to build through practice and experience. Skills influence effectiveness in areas such as learning, working with others, design, troubleshooting, and more.
Tax Advisors frequently use skills like reading comprehension, active listening, and critical thinking to perform their job effectively. The list below shows several critical skills for Tax Advisors, ranked by their relative importance.
The information provided on this page is adapted from data and descriptions published by the U.S. Department of Labor, Employment and Training Administration under the CC BY 4.0 license. TraitLab has modified some information for ease of use and reading, and the U.S. Department of Labor, Employment, and Training Administration has not approved, endorsed, or tested these modifications.
If you have any questions or suggestions about this information, please send a message.