What does a Tax Consultant do?
Tax consultants are experts in tax liability and tax deductions. They prepare tax returns and check for deductions to lower a client's tax burden, and help clients to write trusts and estates. They educate clients about taxes on rental property income, and help define and sort tax implications surrounding life events like a marriage, a birth or death, or a divorce. They also help with managing inheritance issues, charitable giving, or a complex tax situation.
Tax consultants educate clients about various financial issues including trusts and estates, or retirement taxes, and they stay informed about new tax laws and requirements on both the federal and state levels. They may be called upon to meet a client at their location to advise or help reduce their tax liability. They help their clients to make informed decisions about their specific tax-related issues, and they assess and research the problematic situations to identify solutions and determine tax savings and to recommend strategies that will improve a client's liability. Tax consultants have a degree in accounting, taxation, or related fields.
Tax Consultant Salaries
Average Base Pay
Tax Consultant Insights
“I really enjoyed how flexible the work environment was and how efficiently we got our work done.”
“There is little work life balance.Need to work day and night.Stretching is normal here.”
“Good career growth where you will be able to experience from A to Z if you stayed long enough”
“Great place to start your career at if you plan to go in that particular field.”
“Equality is not there in terms of career growth and whether within department or within firm.”
“I liked the job and I worked with really good people”
“Good good good good good”
“Great learning and best place to start your career with”
Tax Consultant Interviews
Tax Consultant jobs
Frequently asked questions about the role and responsibilities of a tax consultant
When working as a tax consultant, the most common skills you will need to perform your job and for career success are Segments, Leadership, Excellent Communication, Responses and Ultratax.
- Tax Professional
- Tax Manager
- Tax Analyst
- Tax Accountant
The most common qualifications to become a tax consultant is a minimum of a Bachelor's Degree and an average of 0 - 1 of experience not including years spent in education and/or training.