Taxation

Professionals in the taxation industry may work as accountants, auditors, financial advisors or even IRS agents. Read on to learn more about this field.

Is Work in Taxation for Me?

Career Details

Taxation can encompass a wide range of career choices including but not limited to tax examiners, revenue agents, tax collectors, public accountants and tax preparers. Responsibilities may include collecting tax money, examining tax returns and helping people complete their tax return. Most tax agents work 40 hours each week and sometimes more during tax season. You should be comfortable using a computer and doing calculations. Many taxation jobs have you interacting with other people, so you need to have good verbal and written communication skills. Most tax workers need to keep up with changes in tax laws in order to provide accurate information to their clients and employers.

Employment Information

The U.S. Bureau of Labor Statistics (BLS) expected a 4% decline in job opportunities for tax examiners and an average 13% increase for accountants from 2012-2022 (www.bls.gov). Accountants who specialize in taxes should have good job prospects as businesses grow and taxes become more complex. Tax examiners made a median yearly income of $50,440 in 2012 and accountants made $63,550 that same year, so individuals interested in these lines of work may be able to enjoy a good salary.

How Can I Work in Taxation?

Education

The amount of education you need to work in taxation depends on your career choice. Some tax collection workers may only need a few college courses combined with experience in a related field, but you will need a bachelor's degree in order to work as an accountant or a tax examiner. The IRS also requires you to hold a bachelor's degree. Some employers may also require at least a year of full-time experience in your chosen taxation specialty.

You have a variety of degree options that can prepare you to work in taxation. A bachelor's degree in accounting can prepare you for multiple careers in the tax field. Other useful degree programs include economics, business administration and finance. A bachelor's degree program in accounting gives you course options such as business analytics, introduction to taxation and financial statements.

If you wish to go on to graduate school, a master's program in accountancy might be a good option for you. Some schools may offer a tax services concentration option which can prepare you to understand complex tax laws.

Licensing and Certification

If you are an accountant, you may need to become licensed to work in some positions. The Certified Public Accountant designation may be useful if you work in taxation. You will need a combination of education and experience, in addition to passing an exam, to earn this designation. There are also a number of voluntary accountant certifications that might open up opportunities for advancement.

Related Articles for Taxation

View More Articles

Related Videos

  • Taxation Degrees - Video

    Taxation is a branch of the accounting field. Students who earn a degree in taxation typically go on to prepare taxes or work on the collection side of taxes.
The schools in the listing below are not free and may include sponsored content but are popular choices among our users. Tuition and costs will vary across programs and locations. Be sure to always request tuition information before starting a program.

Popular Schools

  • Kaplan University

    Kaplan University responds quickly to information requests through this website.

    Popular programs at Kaplan University:

    • Master
    • Bachelor Degrees
    • Associate Programs
    • Certificates

    Online Programs Available

  • Ashford University

    Ashford University responds quickly to information requests through this website.

    Popular programs at Ashford University:

    Online Programs Available

  • Johns Hopkins University

    Johns Hopkins University responds quickly to information requests through this website.

    Popular programs at Johns Hopkins University:

    • Master

    Online Programs Available

  • American National University

    American National University responds quickly to information requests through this website.

    Popular programs at American National University:

    • Master
    • Associate Programs
    • Certificates

    Campus-Based Programs Available:

    View All Locations
    • Indiana: South Bend
    • Ohio: South Bend, Kettering, Youngstown
    • Tennessee: South Bend, Kettering, Youngstown, Bristol
    • Virginia: South Bend, Kettering, Youngstown, Bristol, Charlottesville, Danville, Harrisonburg, Lynchburg, Parkersburg, Salem
    • West Virginia: South Bend, Kettering, Youngstown, Bristol, Charlottesville, Danville, Harrisonburg, Lynchburg, Parkersburg, Salem, Princeton
  • Louisiana State University Shreveport

    Louisiana State University Shreveport responds quickly to information requests through this website.

    Popular programs at Louisiana State University Shreveport:

    • Master

    Online Programs Available

  • Saint Leo University

    Saint Leo University responds quickly to information requests through this website.

    Popular programs at Saint Leo University:

    • Bachelor Degrees
    • Associate Programs

    Online Programs Available

  • Regent University

    Regent University responds quickly to information requests through this website.

    Popular programs at Regent University:

    • Master
    • Bachelor Degrees

    Online Programs Available

  • Georgetown University

    Georgetown University responds quickly to information requests through this website.

    Popular programs at Georgetown University:

    • Master

    Online Programs Available

  • George Mason University

    George Mason University responds quickly to information requests through this website.

    Popular programs at George Mason University:

    • Master

    Online Programs Available

  • Colorado State University Global

    Colorado State University Global responds quickly to information requests through this website.

    Popular programs at Colorado State University Global:

    • Master
    • Bachelor Degrees
    • Certificates

    Online Programs Available

  1. 1
  2. 2
  3. 3
  4. 4
  5. Next »