How To Become A Master Tax Advisor: What It Is and Career Path - Zippia (2024)

Key steps to become a master tax advisor

1. Explore master tax advisor education requirements

   If you're interested in becoming a master tax advisor, you must consider how much education you need. Based on real master tax advisor resumes, 58.5% of master tax advisors have a bachelor's degree. Regarding higher education levels, 22.0% of master tax advisors have master's degrees. Even though most master tax advisors have a college degree, it's possible to become one with only a high school degree or GED.

   Most common master tax advisor degrees

   Bachelor's

   58.5

   %

   Master's

   22.0

   %

   See Also

   8 Tips for Finding the Best Tax Preparer Near You - NerdWalletWhen to Hire a CPA: Pros and Cons for TaxesWhy do low-income families use tax preparers?Certified Tax Preparer | Accounting.com

   Associate

   11.3

   %

2. Start to develop specific master tax advisor skills

   Master tax advisors use a wide range of skills to help clients navigate tax law. They conduct tax interviews, ensure client confidentiality, and offer additional products and services. They also provide advanced tax advice, prepare corporate tax returns, and handle training and retraining of employees. They perform quantitative analysis to assess tax consequences and represent taxpayers before the internal revenue service. They also conduct research and communicate vital information to clients.

   Skills	Percentages
   Individual Tax Returns	37.55%
   Income Tax Returns	17.02%
   IRS	9.68%
   Business Tax Returns	4.36%
   Tax Season	4.36%

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3. Complete relevant master tax advisor training and internships

   Accountants spend an average of 1-3 months on post-employment, on-the-job training. New master 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 a master tax advisor based on U.S. Bureau of Labor Statistics data and data from real master tax advisor resumes.

4. Research master tax advisor duties and responsibilities

   Master tax advisors perform various responsibilities, including conducting interviews with clients, ensuring client confidentiality and privacy, and offering additional products and services. They prepare tax returns, conduct audit assistance, and handle training and retraining of employees. They also perform quantitative analysis to assess the tax consequences of specific transactions. They research tax issues and provide tax advice to clients, and develop and maintain client relationships. They analyze and prepare financial statements for proper categorization and conduct tax research. They also represent clients in connection with federal, state, and local tax audits.

   • Process tax returns, assist clients with tax situations, instruct tax courses, and assist clients during IRS audits.
   • Prepare and present audits to the IRS, in the appropriate manner, for clients when require.
   • Research miscellaneous tax areas and regulations to prepare PowerPoint presentations for managers used in internal and external training.
   • Complete several hundr hours of training in many areas of taxation.

5. Prepare your master tax advisor resume

   When your background is strong enough, you can start writing your master tax advisor resume.

   You can use Zippia's AI resume builder to make the resume writing process easier while also making sure that you include key information that hiring managers expect to see on a master tax advisor resume. You'll find resume tips and examples of skills, responsibilities, and summaries, all provided by Zippi, your career sidekick.

   Choose From 10+ Customizable Master Tax Advisor Resume templates

   Build a professional

   Master Tax Advisor

   resume in minutes. Browse through our resume examples to identify the best way to word your resume.

   Then choose from 10+ resume templates to create your Master Tax Advisor resume.

   

   

   

   

   See Also

   What is another word for "tax preparers"?

   

   

   

   

   

6. Apply for master tax advisor jobs

   Now it's time to start searching for a master 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

How do master tax advisors rate their job?

The Zippia Research Team has spent countless hours reviewing resumes, job postings, and government data to determine what goes into getting a job in each phase of life. Professional writers and data scientists comprise the Zippia Research Team.