Education
Fact-checked

At PracticalAdultInsights, we're committed to delivering accurate, trustworthy information. Our expert-authored content is rigorously fact-checked and sourced from credible authorities. Discover how we uphold the highest standards in providing you with reliable knowledge.

Learn more...

What does a Certified Tax Accountant do?

A Certified Tax Accountant is a professional who specializes in filing tax returns for both individuals and businesses. They understand complex tax laws, can provide strategic tax planning, and ensure compliance with tax regulations. How could a Certified Tax Accountant benefit your financial situation?
Licia Morrow
Licia Morrow

A certified tax accountant handles individual or company taxes, audits, and record keeping. She will be responsible for calculating earnings, filing documentation, and providing tax statements. This type of accountant may work for an organization as an internal employee whose focus is in the correct handling of company taxes and related documentation. This type of accountant could be a public accountant and handle several clients simultaneously.

Depending upon the size of the firm for which she works, a certified tax accountant may be in charge of tax preparation, while another type of tax accountant may be in a supervisory position in the accounting department. A certified tax accountant with a degree in accounting and much related expertise, education, and experience may be a manager who supervises others and also works with executives to operate a business efficiently and cost-effectively.

A certified tax accountant must stay abreast of changes in the tax code.
A certified tax accountant must stay abreast of changes in the tax code.

The certified tax accountant must complete a large volume of paperwork. She may do this with paper documentation such as receipts and forms, or she may work with documents electronically. She will be responsible for extracting information from customers and company executives to ensure that tax forms are handled appropriately. She will need experience with tax preparation, but may also need a degree in accounting or a certificate, depending upon employer requirements and laws and policies in her locality.

CPAs must complete and keep a large volume of paperwork.
CPAs must complete and keep a large volume of paperwork.

An accountant certified in tax accounting will be responsible for knowing current trends in her field, as well as any governmental or agency regulations that may exist. She will use her knowledge of these standards to ensure that her firm or clients are handling tax preparation and submission properly. She will work alongside tax agencies to ensure proper financial documentation.

A certified tax accountatnt might specialize in auditing as a full-time occupation.
A certified tax accountatnt might specialize in auditing as a full-time occupation.

There are certain types of special situations with which a tax accountant may be involved, and many tax accountants choose more narrow career paths within tax accounting. For example, one might choose to be a forensic accountant who investigates the records of companies to ensure tax law observance. A tax accountant might also specialize in auditing as a full-time occupation, or a general tax accountant might be called in only for audits in special circumstances.

During a typical day, a certified tax accountant spends time working on a computer and filling out forms, meeting with clients, and reviewing files and records. She may spend time supervising and training other tax accountants in her department. Additionally, she will often be in contact with tax agencies either through computer technology, live meetings, or phone calls. If she is a senior-level tax accountant, she may spend much of the day in planning meetings during which she will gather information and use it to perform tax preparation or supervision functions.

You might also Like

Discussion Comments

Melonlity

So, there's a separate certification for a tax accountant? Didn't realize that. Figured any certified public accountant could simply choose to specialize a bit in tax and that was all that was required. That may just be because, in these parts, virtually all accountants are in the business of helping people file tax returns.

Post your comments
Login:
Forgot password?
Register:
    • A certified tax accountant must stay abreast of changes in the tax code.
      By: Rido
      A certified tax accountant must stay abreast of changes in the tax code.
    • CPAs must complete and keep a large volume of paperwork.
      By: jrwasserman
      CPAs must complete and keep a large volume of paperwork.
    • A certified tax accountatnt might specialize in auditing as a full-time occupation.
      By: Arto
      A certified tax accountatnt might specialize in auditing as a full-time occupation.