A new study is showing that the tax profession is lagging when it comes to hiring, retaining and advancing minority tax professionals.
According to Minorities in Tax 2010 released by
That may be true, but at least one Big Four firm Ernst & Young - is trying to change that by hosting
The surveys findings include the following:
The IRS continues to lead in tax with a minority population of 34 percent, which includes 20 percent in African American tax professionals alone.
Public accounting firms management is two percent African American, a 100 percent increase from the one percent in 2002. Still, African Americans remain underrepresented.
Overall, Caucasians are exiting the tax profession at a faster rate than many other professions.
Asians currently make up 18 percent of the public accounting workforce.
Hispanics in tax generally mirror their civilian work force employment percentage which is six percent.
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