How to Become a Tax Supervisor
Step 1: Understand the job description and responsibilities of a Tax Supervisor
What does a Tax Supervisor do?
A Tax Supervisor supervises a team responsible for preparing and filing tax returns, statements, and other reports at required intervals. Administers the preparation of paperwork for local, state, and federal level returns to minimize tax liability. Being a Tax Supervisor examines, analyzes, and interprets accounting and financial records to prepare reports and provide recommendations. Determines and calculates tax implications and develops strategies for minimizing liability. Additionally, Tax Supervisor stays current on federal, state, and local tax legislation to ensure compliance. Typically requires a bachelor's degree in accounting or related discipline. Typically reports to a manager. The Tax Supervisor supervises a group of primarily para-professional level staffs. May also be a level above a supervisor within high volume administrative/production environments. Makes day-to-day decisions within or for a group/small department. Has some authority for personnel actions. To be a Tax Supervisor typically requires 3-5 years experience in the related area as an individual contributor. Thorough knowledge of functional area and department processes.
Massachusetts ranks number 2 out of 50 states nationwide for Tax Supervisor salaries.
Now search all of Chapter 105 for “tax administrator”.
But there are lots of tax administrators in North Carolina, right? Now search all of Chapter 105 for “tax supervisor”.
The tax supervisor is referenced 9 times in the Machinery Act. And if you read the context of those references, there are a few important roles involved there.
The substance of this post is aligned with starting a discussion of conflicts to avoid no matter what we call the position, “tax administrator”, regardless of whether your county has such a position.
Step 2: Learn best tips to become a Tax Supervisor
Best tips for those who want to become a Tax Supervisor
Here are some tips to become a Tax Supervisor.
Conduct research on the employer, hiring manager, and job opportunity.
Review common interview questions and prepare your responses.
Arrive on Time, Relaxed and Prepared for the Interview.
Remember the importance of body language.
Sell yourself and then close the deal.
Step 3: View best colleges and universities for Tax Supervisor
Best colleges and universities for Tax Supervisor
- Florida Southern College
- Colby College
- Dartmouth College
- University of Notre Dame
- Western Washington University
- Canisius College
Step 4: Think about whether is it worth to be a Tax Supervisor
Is being a Tax Supervisor Worth it?
Experience in researching complex tax issues and exposure to a variety of entities and industries.
Supervise tax associates' assignments and managing the day-to-day delivery of tax compliance / consulting services to the client.
Corporate Tax Experienced AssociateCorporate Tax Experienced AssociateBPM LLPSan Francisco, CA1 week agoEasy Apply.
Tax Manager, Income Tax ProvisionTax Manager, Income Tax ProvisionMicrosoftSunnyvale, CA3 weeks ago.
Senior Tax AnalystSenior Tax AnalystVarian Medical SystemsPalo Alto, CA3 weeks ago.
Step 5: Prepare relevant skills for being a Tax Supervisor
What skills do you need to be a Tax Supervisor?
In order to drive yourself and your team to success, in a management position you need to have a broad base of skills. For success in this position, you effeciency with these skills is key: Tax Compliance Reporting, Tax Preparation, GAAP Standards. For this role, you will need to be adept in with: Accounting Software, Enterprise Tax Software. Although every company varies in their requirements, these competencies will help you in this role.
Proficiency in US GAAP, tax compliance, corporate consolidated returns, consolidated federal tax returns, partnership returns, and combined state tax returns.
Exposure or experience with International tax matters would be a plus.
Experience should be focused on federal and state income tax compliance with some familiarity with international tax compliance issues.
Act as subject matter expert for particularly complex tax issues.
Tax professional must have a bachelor degree and is eligible to sit for the CPA exam or already a CPA.
Step 6: View average salary for Tax Supervisor
How much does a Tax Supervisor make?
The average salary range for a Tax Supervisor is from $106,078 to $132,930. The salary will change depending on your location, job level, experience, education, and skills.
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Average salary for Tax Supervisor jobs
Step 7: Find relevant Tax Supervisor jobs, and apply.
Looking for Tax Supervisor jobs?
Here are some Tax Supervisor jobs in the United States.