How much tax pros are earning

A new analysis released Tuesday shows how much tax professionals are earning on their annual salaries in the U.S. and in some of the biggest cities in the country.

Researchers at the consulting firm Korn Ferry analyzed an extensive pay database and the U.S. national average of tax professional annual salaries is as follows:

  • Tax analyst (one to two years experience): $60,050
  • Intermediate tax accountant (two to four years experience): $66,969
  • Senior tax accountant (six or more years experience): $99,625

The researchers also analyzed average annual salaries for tax professionals in major cities across the U.S.:

City


Level


Pay


Atlanta







Tax analyst

$59,175



Intermediate tax accountant

$66,006



Senior tax accountant

$100,093

Boston







Tax analyst

$70,788



Intermediate tax accountant

$78,777



Senior tax accountant

$116,085

Chicago







Tax analyst

$65,769



Intermediate tax accountant

$73,258



Senior tax accountant

$108,509

Dallas







Tax analyst

$60,634



Intermediate tax accountant

$67,611



Senior tax accountant

$103,927

Denver







Tax analyst

$63,318



Intermediate tax accountant

$70,563



Senior tax accountant

$104,769

Minneapolis







Tax analyst

$64,252



Intermediate tax accountant

$71,590



Senior tax accountant

$105,049

New York







Tax analyst

$71,780



Intermediate tax accountant

$79,868



Senior tax accountant

$121,041

Philadelphia







Tax analyst

$64,427



Intermediate tax accountant

$71,782



Senior tax accountant

$107,481

San Francisco







Tax analyst

$76,273



Intermediate tax accountant

$84,810



Senior tax accountant

$125,530

“Being a tax professional is a big job as their clients entrust them to understand all aspects of the tax code and to give the best advice on financial matters beyond simply filing tax returns,” said Korn Ferry senior client partner Tom McMullen in a statement. “Our analysis shows that as they gain more experience, work on a variety and more complex tax matters as well as advising and influencing their customers, they are rewarded accordingly.”

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