The Office of Career Services
Library Building, Room 429 & 430
222-05 56th Avenue
Bayside, NY 11364
Phone: (718) 631-6297
|Overview:||Tax accountants organize expenses and income information for private individuals and businesses. They prepare the legally required tax returns for federal, state and local governments. They advise their clients about tax laws and the impact on their financial affairs & income tax expenses.|
|Duties:||Tax accountants confer with individual or business clients in order to analyze their financial transactions and determine taxes owed to federal, state and local tax offices. They advise clients regarding tax laws and their impact on business operations, investments, savings & personal expenditures, etc. They also recommend financial management methods to reduce taxes.
Tax accountants use computers to mathematically summarize clients' incomes and deductible expenditures as specified by the IRS. They advise clients about deductions that can be challenged by the IRS.
They represent clients and defends the tax returns submitted in the event of IRS tax audits explaining the reasons used for reporting taxes owed or refunds claimed. Tax accountants negotiate settlements with IRS when applicable.
A.A.S. Management: Marketing Concentration
A.A.S. Management: Real Estate-Insurance Concentration
A.S. Business Administration (Accounting and Marketing)
|Job Outlook:||Employment of tax accountants is expected to grow much faster than average through 2018. An increase in the number of businesses, changing financial laws, greater accountability, and corporate governance regulations will drive growth.|
|Salary Range (National Average):||$40,000 to $47,000|
|Education Level:||Typically, a Bachelor’s Degree from a 4-year college (some are 5 years) is required to be considered for this occupation.|
|Additional Training/Education:||Most public accounting firms, business organizations and government agencies require applicants for accounting and internal audit positions to have at least a bachelor's degree in accounting. Most employers require that applicants be familiar with computer based accounting systems. An associate degree can qualify you for assistant jobs.|
Understanding acquiring positions in this field may be enhanced through continuing academic study (i.e. earning a baccalaureate or a master's degree) and/or work experience in the field, Queensborough Community College has established transfer agreements with other institutions for students who wish to further pursue their educational goals. Students are highly encouraged to meet with one of our Career Services to fully understand the opportunities available through study in their degree program.