Taxes aren't everyone's favorite topic, but if you have a knack for numbers and want to help your clients prepare taxes, a degree in taxation may be a good fit for you. Tax preparers work with both residential and commercial customers to prepare their taxes. You will need to work closely with your clients by interviewing them, record data into tax preparation software and look for ways to minimize the amount of taxes your clients owe.
A thorough knowledge of taxes and tax law will be necessary to be successful in this role. Tax preparers are closely related to other financial related careers such as tax examiners and accountants. While accountants are responsible for paying corporate taxes for their organization (in addition to numerous other responsibilities), they are typically not solely responsible for determining the taxes to pay - especially in larger organizations. Another related career is tax examiners - these people typically work for the government either at the state or federal level. Tax examiners examine tax returns for individuals and businesses to determine if audits are necessary.
You can become a tax preparer by obtaining a certificate in tax preparation or pursue an associates or bachelor's degree. You have some options depending on who your clients will be and what you want your role to be. The relative simplicity of preparing personal taxes may only require you to attend a vocational school. On the other hand, preparing taxes for a large multinational corporation may require a more advanced degree. Some students go on to get an advanced degree in taxation so they can work for large companies handling much more complex scenarios.
In 2021-2022, taxation was the 220th most popular major nationwide with 1,447 degrees awarded. Our 2025 Best Taxation Schools ranking analyzes 34 of these schools to determine the best overall colleges for taxation students. Continue reading to check out one of our many unbiased rankings of taxation programs later in this article.
At a minimum, schools will prepare you for tax preparation by including courses on tax law, regulations, electronic tax systems, and tax planning. If you plan to prepare taxes for large organizations, additional coursework in depreciation, capital gains and losses and estates and trusts will be needed.
In order to be a successful tax preparer, you will need to enjoy working with people as communication skills are critical. You must be an active listener to ensure mistakes are not made. You also need to have a strong attention to detail and a knack for numbers.
A high school diploma or equivalent is typically required for most taxation degree programs and many students will need a minimum GPA and SAT/ACT score depending on the school. In addition to these basic taxation program qualifications, to serve in some taxation careers, special certification may be required outside of your degree.
There are various different levels of taxation degrees. Taxation programs offered by schools range from a to a , which is the highest taxation degree you can get. The time it takes to complete a taxation degree varies depending on the program.
Degree | Credit Requirements | Typical Program Length |
---|---|---|
Associate Degree | 60-70 credits | 2 years |
Bachelor’s Degree | 120 credits | 4 years |
Master’s Degree | 50-70 credits | 1-3 years |
Doctorate | Program required coursework including thesis or dissertation | At least 4 years |
A bachelor's degree is the most common level of education achieved by those in careers related to taxation, with approximately 46.8% of workers getting one. People currently working in careers related to taxation tend obtained the following education levels.
Level of Education | Percentage of Workers |
---|---|
Bachelor’s Degree | 46.7% |
Some College Courses | 14.9% |
High School Diploma | 12.6% |
Master’s Degree | 11.1% |
Associate’s Degree (or other 2-year degree) | 10.0% |
64.3% of taxation workers have at least a bachelor's. The chart below shows what degree level those who work in taxation have obtained.
The education level required is different depending on the taxation career you are seeking.
Tax preparation is a necessary service for consumers and commercial entities.
Want a job when you graduate with your taxation degree? Taxation careers are expected to grow 9.6% between 2016 and 2026.
The following options are some of the most in-demand careers related to taxation.
Occupation Name | Projected Jobs | Expected Growth |
---|---|---|
Accountants and Auditors | 1,537,600 | 10.0% |
Tax Preparers | 106,200 | 10.7% |
Tax Examiners, Collectors, and Revenue Agents | 61,700 | -0.6% |
Financial Examiners | 57,600 | 9.7% |
Recently graduated taxation students earned an average of $87,064 in <nil>. Earnings can range from as low as $62,767 to as high as $130,913. As you might expect, salaries for taxation graduates vary depending on the level of education that was acquired.
Salaries for taxation graduates can vary widely by the occupation you choose as well. The following table shows the top highest paying careers taxation grads often go into.
Occupation Name | Median Average Salary |
---|---|
Financial Examiners | $90,310 |
Accountants and Auditors | $78,820 |
Tax Examiners, Collectors, and Revenue Agents | $60,500 |
Tax Preparers | $46,860 |
With over 149 different taxation degree programs to choose from, finding the best fit for you can be a challenge. Fortunately you have come to the right place. We have analyzed all of these schools to come up with hundreds of unbiased taxation school rankings to help you with this.
One of 21 majors within the Business, Management & Marketing area of study, Taxation has other similar majors worth exploring.
Major | Annual Graduates |
---|---|
Taxation | 1,447 |
Related Major | Annual Graduates |
---|---|
Business Administration & Management | 403,753 |
Accounting | 93,982 |
General Business/Commerce | 56,779 |
Finance & Financial Management | 54,690 |
Marketing | 52,078 |