Career and Education Opportunities for Tax Examiners in Bridgeport, Connecticut
Many educational and employment opportunities exist for tax examiners in the Bridgeport, Connecticut area. There are currently 1,180 jobs for tax examiners in Connecticut and this is projected to grow 3% to 1,220 jobs by 2016. This is not quite as good as the nation as a whole, where employment opportunities for tax examiners are expected to grow by about 13.0%. Tax examiners generally determine tax liability or collect taxes from individuals or business firms according to prescribed laws and regulations.
Tax examiners earn approximately $35 hourly or $73,410 annually on average in Connecticut. Nationally they average about $23 hourly or $48,100 per year. Tax examiners earn more than people working in the category of Accounting and Auditing generally in Connecticut and less than people in the Accounting and Auditing category nationally. Jobs in this field include: customs inspector, state auditor, and special agent.
There are seventy-five schools of higher education in the Bridgeport area, including nine within twenty-five miles of Bridgeport where you can get a degree to start your career as a tax examiner. The most common level of education for tax examiners is some college courses. You can expect to spend a short time studying to be a tax examiner if you already have a high school diploma.
CAREER DESCRIPTION: Tax Examiner
In general, tax examiners determine tax liability or collect taxes from individuals or business firms according to prescribed laws and regulations.
Tax examiners maintain knowledge of tax code changes, and of accounting procedures and theory to properly evaluate financial data. They also maintain records for each case. Finally, tax examiners contact taxpayers by mail or telephone to address discrepancies and to request supporting documentation.
Every day, tax examiners are expected to be able to listen to and understand others in meetings. They need to read and understand documents and reports. It is also important that they articulate ideas and problems.
It is important for tax examiners to notify taxpayers of any overpayment or underpayment, and either issue a refund or request further payment. They are often called upon to collect taxes from individuals or businesses in line with prescribed laws and regulations. They also talk with taxpayers or their representatives to consider the issues and regulations involved in returns, and to deal with problems with returns. They are sometimes expected to send notices to taxpayers when accounts are delinquent. Somewhat less frequently, tax examiners are also expected to examine and analyze tax assets and liabilities to establish resolution of delinquent tax problems.
Tax examiners sometimes are asked to ready briefs, and help in searching and seizing records to ready charges and documentation for court cases. They also have to be able to enter tax return data into computers for processing And finally, they sometimes have to maintain knowledge of tax code changes, and of accounting procedures and theory to properly evaluate financial data.
Like many other jobs, tax examiners must have exceptional integrity and be thorough and dependable.
Similar jobs with educational opportunities in Bridgeport include:
- Accountant. Analyze financial information and prepare financial reports to determine or maintain records of assets, liabilities, profit and loss, tax liability, or other financial activities within an organization.
- Auditor. Examine and analyze accounting records to determine financial status of establishment and prepare financial reports concerning operating procedures.
- Budget Analyst. Examine budget estimates for completeness, accuracy, and conformance with procedures and regulations. Analyze budgeting and accounting reports for the purpose of maintaining expenditure controls.
- Credit Analyst. Analyze current credit data and financial statements of individuals or firms to determine the degree of risk involved in extending credit or lending money. Prepare reports with this credit information for use in decision-making.
- Financial Analyst. Conduct quantitative analyses of information affecting investment programs of public or private institutions.
- Financial Examiner. Enforce or ensure compliance with laws and regulations governing financial and securities institutions and financial and real estate transactions. May examine, verify correctness of, or establish authenticity of records.
- Income Tax Advisor. Prepare tax returns for individuals or small businesses but do not have the background or responsibilities of an accredited or certified public accountant.
- Loan Counselor. Provide guidance to prospective loan applicants who have problems qualifying for traditional loans. Guidance may include determining the best type of loan and explaining loan requirements or restrictions.
- Loan Officer. Evaluate, authorize, or recommend approval of commercial, real estate, or credit loans. Advise borrowers on financial status and methods of payments. Includes mortgage loan officers and agents, collection analysts, loan servicing officers, and loan underwriters.
- Personal Financial Planner. Advise clients on financial plans utilizing knowledge of tax and investment strategies, securities, and real estate. Duties include assessing clients' assets, liabilities, and financial objectives to establish investment strategies.
EDUCATIONAL OPPORTUNITIES: Tax Examiner Training
Central Connecticut State University - New Britain, CT
Central Connecticut State University, 1615 Stanley St, New Britain, CT 06050. Central Connecticut State University is a large university located in New Britain, Connecticut. It is a public school with primarily 4-year or above programs. It has 12,233 students and an admission rate of 60%. Central Connecticut State University has a bachelor's degree program in Accounting which graduated ninety-two students in 2008.
Monroe College-New Rochelle - New Rochelle, NY
Monroe College-New Rochelle, 434 Main St, New Rochelle, NY 10801. Monroe College-New Rochelle is a small college located in New Rochelle, New York. It is a private for-profit school with primarily 4-year or above programs. It has 2,153 students and an admission rate of 60%. Monroe College-New Rochelle has a bachelor's degree program in Accounting which graduated sixty-one students in 2008.
Post University - Waterbury, CT
Post University, 800 Country Club Rd, Waterbury, CT 06723. Post University is a small university located in Waterbury, Connecticut. It is a private for-profit school with primarily 4-year or above programs. It has 1,687 students and an admission rate of 51%. Post University has associate's degree, bachelor's degree, and postbaccalaureate certificate programs in Accounting which graduated five, two, and zero students respectively in 2008.
University of Bridgeport - Bridgeport, CT
University of Bridgeport, 126 Park Avenue, Bridgeport, CT 06604-5620. University of Bridgeport is a medium sized university located in Bridgeport, Connecticut. It is a private not-for-profit school with primarily 4-year or above programs. It has 5,323 students and an admission rate of 62%. University of Bridgeport has a bachelor's degree program in Accounting which graduated one student in 2008.
Quinnipiac University - Hamden, CT
Quinnipiac University, Mt Carmel Ave, Hamden, CT 06518. Quinnipiac University is a medium sized university located in Hamden, Connecticut. It is a private not-for-profit school with primarily 4-year or above programs. It has 7,413 students and an admission rate of 45%. Quinnipiac University has bachelor's degree, postbaccalaureate certificate, and master's degree programs in Accounting which graduated one, zero, and ten students respectively in 2008.
University of New Haven - West Haven, CT
University of New Haven, 300 Boston Post Road, West Haven, CT 06516. University of New Haven is a medium sized university located in West Haven, Connecticut. It is a private not-for-profit school with primarily 4-year or above programs. It has 5,739 students and an admission rate of 68%. University of New Haven has 2 areas of study related to Tax Examiner. They are:
- Accounting, bachelor's degree and postbaccalaureate certificate which graduated sixteen and two students respectively in 2008.
- Taxation, postbaccalaureate certificate and master's degree which graduated zero and eight students respectively in 2008.
Western Connecticut State University - Danbury, CT
Western Connecticut State University, 181 White Street, Danbury, CT 06810-6826. Western Connecticut State University is a medium sized university located in Danbury, Connecticut. It is a public school with primarily 4-year or above programs. It has 6,316 students and an admission rate of 58%. Western Connecticut State University has a bachelor's degree program in Accounting which graduated thirty-six students in 2008.
Iona College - New Rochelle, NY
Iona College, 715 North Ave, New Rochelle, NY 10801-1890. Iona College is a small college located in New Rochelle, New York. It is a private not-for-profit school with primarily 4-year or above programs. It has 4,375 students and an admission rate of 59%. Iona College has a bachelor's degree program in Accounting which graduated one student in 2008.
Long Island University-Westchester Campus - Purchase, NY
Long Island University-Westchester Campus, LIU/Westchester Campus, 735 Anderson Hill Road, Purchase, NY 10577-1400. Long Island University-Westchester Campus is a small university located in Purchase, New York. It is a private not-for-profit school with primarily 4-year or above programs and has 290 students. Long Island University-Westchester Campus has a master's degree program in Accounting.
Accredited Tax Advisor: This credential is for practitioners who handle sophisticated tax planning issues, including ownership of closely held businesses, qualified retirement plans and complex estates.
For more information, see the Accreditation Council for Accountancy and Taxation website.
Certified Fraud Examiner: The ACFE established and administers the Certified Fraud Examiner (CFE) designation.
For more information, see the Association of Certified Fraud Examiners website.
LOCATION INFORMATION: Bridgeport, Connecticut
Bridgeport is located in Fairfield County, Connecticut. It has a population of over 136,405, which has shrunk by 2.2% in the past ten years. The cost of living index in Bridgeport, 151, is far greater than the national average. New single-family homes in Bridgeport are valued at $110,900 on average, which is far less than the state average. In 2008, twenty-six new homes were built in Bridgeport, down from forty-one the previous year.
The three big industries for women in Bridgeport are health care, educational services, and finance and insurance. For men, it is construction, administrative and support and waste management services, and accommodation and food services. The average commute to work is about 25 minutes. More than 12.2% of Bridgeport residents have a bachelor's degree, which is lower than the state average. The percentage of residents with a graduate degree, 4.6%, is lower than the state average.
The unemployment rate in Bridgeport is 12.1%, which is greater than Connecticut's average of 8.3%.
The percentage of Bridgeport residents that are affiliated with a religious congregation, 70.1%, is more than both the national and state average. Calvary Episcopal Church, Golden Hill United Methodist Church and Good Shepherd Christian Church are among the churches located in Bridgeport. The most common religious groups are the Catholic Church, the Episcopal Church and the United Church of Christ.
Bridgeport is home to the North Branch Bridgeport Public Library and the Challenger Learning Center as well as Went Field and Johnson Oak Park. Shopping centers in the area include Lafayette Shopping Plaza Shopping Center, Baldwin Plaza Shopping Center and Bayview Shopping Center.