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What does a Tax Advisor do?

Learn all about Tax Advisor duties, skills and much more. Get expert advice on how to become a Tax Advisor.

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Brenna Goyette
Certified Professional Resume Writer, Career Expert

Published 3 min read

A tax advisor is a professional who helps individuals and businesses save money on their taxes. They work with clients to identify deductions and credits that can lower the amount of taxes owed. They also help with tax planning, which can minimize the amount of taxes owed in the future.

Tax Advisor job duties include:

  • Research and interpret tax laws, regulations, and rulings to determine the proper treatment of transactions
  • Advise clients on business structuring, choice of entity, and tax-advantaged investments
  • Prepare and file federal, state, and local tax returns for individuals, businesses, and estates
  • Represent clients before the IRS and other tax authorities
  • Assist clients with audits, appeals, and tax controversies
  • Identify opportunities for tax savings and planning strategies
  • Stay current on changes in tax laws and regulations
  • Develop relationships with clients to provide comprehensive tax planning services
  • Supervise and train junior staff members

Tax Advisor Job Requirements

A Tax Advisor is responsible for providing tax advice to individuals and businesses. They must have a thorough understanding of tax laws and regulations. Tax Advisors must be able to identify and resolve tax issues. They must be able to communicate effectively with clients and other professionals.

Most Tax Advisors have a bachelor's degree in accounting, taxation, or a related field. Many Tax Advisors are certified public accountants (CPAs). Some Tax Advisors have a master's degree in taxation. Tax Advisors typically have several years of experience working in public accounting or in the tax department of a corporation.

Tax Advisor Skills

  • Familiarity with tax laws
  • Ability to do research
  • Analytical skills
  • Organizational skills
  • Writing skills
  • Communication skills
  • Computer skills
  • Detail oriented
  • Problem solving skills
  • Creative thinking
  • Flexibility

Related: Top Tax Advisor Skills: Definition and Examples

How to become a Tax Advisor

A Tax Advisor is a professional who helps individuals and businesses with their tax planning and preparation. Tax Advisors are usually CPAs or attorneys with specialized training in tax law. They can help you with your individual taxes, as well as your business taxes.

If you are interested in becoming a Tax Advisor, you will need to complete a four-year degree at an accredited college or university. After you have completed your degree, you will need to pass the CPA exam. Once you have passed the CPA exam, you will be able to obtain a license to practice as a Tax Advisor.

There are many different ways that you can specialize as a Tax Advisor. You can choose to specialize in individual taxes, business taxes, or both. You can also choose to specialize in a particular area of tax law, such as estate planning or international taxation.

Becoming a Tax Advisor can be a very rewarding career. It is a challenging field, but it can be extremely gratifying to help people with their taxes. If you are interested in helping others with their taxes, then becoming a Tax Advisor may be the perfect career for you!

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