What is a tax accountant?
Tax accountants offer their clients financial and tax advice, and they help them to follow tax laws and
regulations to create their annual tax returns. A tax accountant job description includes creating productive
financial goals and helping clients to achieve those goals. They will also work with them during tax season to
make the return filing process much easier and efficient with the best possible result.
A tax accountant’s duties include day-to-day monitoring of their clients’ financial needs, along with creating
feasible budgets and strategies to stay within those budgets. A tax accountant will also work on a strategy to
eliminate, minimize, or defer tax payments using proper regulations, along with preparing clients for audits.
How is this role monitored?
One of the biggest key performance indicators for tax accountants is profit. On a daily basis, a tax accountant’s goals and objectives are to aid their client in achieving financial goals. They will also work during tax season to reduce, eliminate, or delay the amount of taxes that must be paid, while staying within all IRS laws, guidelines, and regulations. Success as a tax accountant is calculated by the financial stability and security of their clients.
Tax accountant salary
How much do tax accountants make? In the U.S., the average pay in 2019 for a tax accountant was $71,550 per
year, or $34.40 per hour. This salary can range from $44,480 to $124,450, depending on your experience
level, education status, and location within the country. As the overall economic health of the country rises,
so does the need for more tax accountants.