Pros and Cons of Becoming a Tax Specialist
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A tax specialist typically acts as a liaison between taxpayers and state, local or federal governments that collect a citizen's taxes. Listed below are pros and cons of this career field.
Pros of Becoming a Tax Specialist |
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Higher-than-average median hourly wage (over $24.00) as compared to the national average in 2014* |
Higher salary opportunities are available at the federal government level* |
Generally experience little or no change in employment, even with government budget cuts, due to the need for civilian tax enforcement* |
Can advance to higher-paying positions with work experience, such as revenue agents* |
Cons of Becoming a Tax Specialist |
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Slight employment decline (-4%) between the years of 2012 and 2022 as compared to the national average of all occupations (11% increase)* |
Need to work well under pressure and time constraints** |
Might be required to continue their education in order to stay current with new laws and regulations* |
Some tax specialist positions require previous work experience in the field* |
Source: *The U.S. Bureau of Labor Statistics, **O*Net Online.
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