What is an income tax advisor and how to become one

Key steps to become an income tax advisor

1. Explore income tax advisor education requirements

   Most common income tax advisor degrees

   Bachelor's

   69.2 %

   Master's

   10.3 %

   Associate

   10.3 %

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2. Start to develop specific income tax advisor skills

   Skills	Percentages
   IRS	32.64%
   Tax Returns	24.99%
   Taxation	22.02%
   Fixed Income	20.35%

3. Complete relevant income tax advisor training and internships

   Accountants spend an average of 1-3 months on post-employment, on-the-job training. New income tax advisors learn the skills and techniques required for their job and employer during this time. The chart below shows how long it takes to gain competency as an income tax advisor based on U.S. Bureau of Labor Statistics data and data from real income tax advisor resumes.

4. Research income tax advisor duties and responsibilities

   • Manage the training and use of new FactSet products and enhancements with various client bases including portfolio management and performance teams.
   • Review domestic payroll reporting metrics, ensure home/host payments are updated and reconcile for timely submission and payment.
   • Research nexus relate issues and net operating losses limitations utilizing CCH.

5. Apply for income tax advisor jobs

   Now it's time to start searching for an income tax advisor job. Consider the tips below for a successful job search:

   1. Browse job boards for relevant postings
   2. Consult your professional network
   3. Reach out to companies you're interested in working for directly
   4. Watch out for job scams