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Tax Auditor Salary PercentileSalaryLocation25th Percentile Tax Auditor Salary$50,685US50th Percentile Tax Auditor Salary$56,666US75th Percentile Tax Auditor Salary$63,378US90th Percentile Tax Auditor Salary$69,489US1 more row
A tax auditor is a financial professional who specializes in taxes and evaluates financial records to determine whether they comply with applicable laws and regulations.
The purpose of an audit is to form a view on whether the information presented in the financial report, taken as a whole, reflects the financial position of the organisation at a given date, for example: Are details of what is owned and what the organisation owes properly recorded in the balance sheet?
Moreover, most employers look for at least a few years of experience as a tax auditor, which may be acquired through entry-level work. A tax auditor makes an average of $54,000 per year. However, with more experience and a bigger client base, a tax auditor can make up to $70,000 annually or even higher.
Audits can be bad and can result in a docHub tax bill. But remember you shouldnt panic. There are different kinds of audits, some minor and some extensive, and they all follow a set of defined rules. If you know what to expect and follow a few best practices, your audit may turn out to be not so bad.
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The key difference between tax accountants and auditors is that tax accountants specialize in helping businesses and individuals plan for, minimize and file taxes while auditors ensure that accountants work is correct and following the law.

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