Career and Education Opportunities for Income Tax Advisors in Missouri
Missouri has a population of 5,987,580, which has grown by 7.01% in the last 10 years. Nicknamed the "Show Me State," its capital is Jefferson City, though its most populous city is Kansas City.
There are currently 1,910 working income tax advisors in Missouri; this should shrink by 10% to 1,720 working income tax advisors in the state by 2016. This is not quite as good as the national trend for income tax advisors, which sees this job pool growing by about 2.9% over the next eight years. Income tax advisors generally prepare tax returns for individuals or small businesses but do not have the background or responsibilities of an accredited or certified public accountant.
A person working as an income tax advisor can expect to earn about $14 hourly or $29,170 per year on average in Missouri and about $14 per hour or $29,420 per year on average in the U.S. as a whole. Earnings for income tax advisors are not quite as good as earnings in the general category of Accounting and Auditing in Missouri and not quite as good as general Accounting and Auditing category earnings nationally. Income tax advisors work in a variety of jobs, including: tax specialist, tax manager, and tax advisor.
In 2008, there were a total of 3,672,794 jobs in Missouri. The average annual income was $36,356 in 2008, up from $35,120 the previous year. The unemployment rate in Missouri was 9.3% in 2009, which has grown by 3.2% since the previous year. About 21.6% of Missouri residents have college degrees, which is lower than the national average.
The top industries in Missouri include stationery supplies merchant wholesalers, specialized freight trucking, and electrical apparatus, wiring supplies, and related equipment merchant wholesalers. Notable tourist attractions include the Cave Spring Interpretive Center, the Kansas City Museum, and the Black Archives of Mid.
CITIES WITH Income Tax Advisor OPPORTUNITIES IN Missouri
JOB DESCRIPTION: Income Tax Advisor
In general, income tax advisors prepare tax returns for individuals or small businesses but do not have the background or responsibilities of an accredited or certified public accountant.
Every day, income tax advisors are expected to be able to see details at a very fine level of focus. They need to read and understand documents and reports. It is also important that they deal with basic arithmetic problems.
Similar jobs with educational opportunities in Missouri 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.
- Assessor. Appraise real and personal property to determine its fair value. May assess taxes in accordance with prescribed schedules.
- 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.
- Cost Analyst. Prepare cost estimates for product manufacturing, construction projects, or services to aid management in bidding on or determining price of product or service. May specialize according to particular service performed or type of product manufactured.
- 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.
- 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.
- Real Estate Appraiser. Appraise real property to determine its value for purchase, sales, or loan purposes.
- Tax Examiner. Determine tax liability or collect taxes from individuals or business firms according to prescribed laws and regulations.
LOCATION INFORMATION: Missouri
Missouri has a population of 5,987,580, which has grown by 7.01% over the past decade. Nicknamed the "Show Me State," its capital is Jefferson City, though its largest city is Kansas City. In 2008, there were a total of 3,672,794 jobs in Missouri. The average annual income was $36,356 in 2008, up from $35,120 the preceding year. The unemployment rate in Missouri was 9.3% in 2009, which has grown by 3.2% since the previous year. Roughly 21.6% of Missouri residents have college degrees, which is lower than the national average.
The top industries in Missouri include stationery supplies merchant wholesalers, specialized freight trucking, and electrical apparatus, wiring supplies, and related equipment merchant wholesalers. Notable tourist destinations include the Kansas City Missouri City, the Crown Center Complex, and the Black Archives of Mid.