Tax Day’s Coming: Your Accountant Knows How Much You Make, But Do You Wonder What They Earn? Korn Ferry Breaks it Down by Level and Geography
LOS ANGELES--(BUSINESS WIRE)-- Your tax professional knows just about every detail of your financial life, but did you ever wonder what they get paid to make sure you are in compliance with the tax laws?
Using Korn Ferry’s (NYSE:KFY) Pay Database (the world’s largest) researchers conducted an analysis of compensation for these hard-working professionals.
The U.S. national average of tax professional annual salaries is as follows:
- Tax analyst (1-2 years experience): $60,050
- Intermediate tax accountant (2-4 years experience) $66,969
- Senior tax accountant (6+ years experience) $99,625
Researchers also analyzed average annual salaries for tax professionals in major cities across the United States:
| 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. “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.”
About Korn Ferry
Korn Ferry is a global organizational consulting firm. We help clients synchronize strategy and talent to drive superior performance. We work with organizations to design their structures, roles, and responsibilities. We help them hire the right people to bring their strategy to life. And we advise them on how to reward, develop, and motivate their people.
View source version on businesswire.com: https://www.businesswire.com/news/home/20190408005731/en/
Tracy Kurschner
612.309.3957
Tracy.kurschner@kornferry.com
Source: Korn Ferry
Released April 8, 2019
