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.”
