Career and Education Opportunities for Income Tax Advisors in Billings, Montana
For those living in the Billings, Montana area, there are many career and education opportunities for income tax advisors. There are currently 270 jobs for income tax advisors in Montana and this is projected to grow 5% to about 280 jobs by 2016. This is better than 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.
The income of an income tax advisor is about $13 per hour or $27,540 yearly on average in Montana. In the U.S. as a whole, their income is about $14 hourly or $29,420 per year on average. Incomes for income tax advisors are not quite as good as in the overall category of Accounting and Auditing in Montana, and not quite as good as the overall Accounting and Auditing category nationally. Jobs in this field include: income tax consultant, corporate tax preparer, and income tax expert.
There are four schools of higher education in the Billings area, including one within twenty-five miles of Billings where you can get a degree to start your career as an income tax advisor. The most common level of education for income tax advisors is a high school diploma or GED. You can expect to spend only a short time training to become an income tax advisor if you already have a high school diploma.
CAREER 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.
Income tax advisors ready or help in preparing simple to complex tax returns for individuals or small businesses. They also use all appropriate adjustments and credits to keep clients' taxes to a minimum. Equally important, income tax advisors have to inspect financial records such as income statements and documentation of expenditures to establish forms needed to ready tax returns. They are often called upon to consult tax law handbooks or bulletins to establish processes for preparation of atypical returns. They are expected to compute taxes owed or overpaid, using computers and complete entries on forms, following tax form instructions and tax tables. Finally, income tax advisors furnish taxpayers with sufficient data and advice to insure correct tax form completion.
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.
It is important for income tax advisors to check data input or verify totals on forms prepared by others to uncover errors in arithmetic or procedures. Somewhat less frequently, income tax advisors are also expected to calculate form preparation fees in line with return complexity and processing time required.
They also have to be able to interview clients to obtain additional data on taxable income and deductible expenses and allowances And finally, they sometimes have to inspect financial records such as income statements and documentation of expenditures to establish forms needed to ready tax returns.
Like many other jobs, income tax advisors must have exceptional integrity and be thorough and dependable.
Similar jobs with educational opportunities in Billings include:
- 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.
EDUCATIONAL OPPORTUNITIES: Income Tax Advisor Training
Montana State University-Billings-College of Technology - Billings, MT
Montana State University-Billings-College of Technology, 3803 Central Ave, Billings, MT 59102-9856. Montana State University-Billings-College of Technology is a small university located in Billings, Montana. It is a public school with primarily 2-year programs and has 1,157 students. Montana State University-Billings-College of Technology has an associate's degree program in Accounting Technology/Technician and Bookkeeping which graduated ten students in 2008.
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.
LOCATION INFORMATION: Billings, Montana
Billings is situated in Yellowstone County, Montana. It has a population of over 103,994, which has grown by 15.7% over the last ten years. The cost of living index in Billings, 88, is well below the national average. New single-family homes in Billings are valued at $132,200 on average, which is well below the state average. In 2008, five hundred nineteen new homes were built in Billings, down from six hundred four the previous year.
The three most popular industries for women in Billings are health care, educational services, and accommodation and food services. For men, it is construction, accommodation and food services, and professional, scientific, and technical services. The average commute to work is about 16 minutes. More than 28.5% of Billings residents have a bachelor's degree, which is higher than the state average. The percentage of residents with a graduate degree, 8.2%, is higher than the state average.
The unemployment rate in Billings is 4.4%, which is less than Montana's average of 5.8%.
The percentage of Billings residents that are affiliated with a religious congregation, 48.6%, is less than the national average but more than the state average. The largest religious groups are the Catholic Church, the Evangelical Lutheran Church in America and the LDS (Mormon) Church.
Billings is home to the Twin Pines Ranch and the Hilands Golf Club as well as Cobb Field and Pioneer Park. Visitors to Billings can choose from Western Executive Inn, Holiday Inn Express and Big 5 Motel for temporary stays in the area.