Popular Careers

Career Development

Career development resources for aspiring professionals.

Career Change Center

Career change guides, tutorials and resources for professionals in transition.

Job Search Resources

Job search resources, websites, guides and directories for job seekers.


Career and Education Opportunities for Income Tax Advisors in Newark, New Jersey

Newark, New Jersey provides a wide variety of opportunities, both career and educational, for income tax advisors. There are currently 2,600 jobs for income tax advisors in New Jersey and this is projected to shrink by 19% to 2,100 jobs 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. 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 earn approximately $20 hourly or $42,490 annually on average in New Jersey. Nationally they average about $14 hourly or $29,420 per year. Income tax advisors earn less than people working in the category of Accounting and Auditing generally in New Jersey and less than people in the Accounting and Auditing category nationally. People working as income tax advisors can fill a number of jobs, such as: tax specialist, paraprofessional, and certified public accountant .

There are 318 schools of higher education in the Newark area, including thirty-four within twenty-five miles of Newark 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

Income Tax Advisor video from the State of New Jersey Dept. of Labor and Workforce Development

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 Newark 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.
  • Insurance Appraiser. Appraise automobile or other vehicle damage to determine cost of repair for insurance claim settlement and seek agreement with automotive repair shop on cost of repair. Prepare insurance forms to indicate repair cost or cost estimates and recommendations.
  • Insurance Underwriter. Review individual applications for insurance to evaluate degree of risk involved and determine acceptance of applications.
  • 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.

EDUCATIONAL OPPORTUNITIES: Income Tax Advisor Training

Pace University-New York - New York, NY

Pace University-New York, 1 Pace Plaza, New York, NY 10038-1598. Pace University-New York is a large university located in New York, New York. It is a private not-for-profit school with primarily 4-year or above programs. It has 12,229 students and an admission rate of 78%. Pace University-New York has 2 areas of study related to Income Tax Advisor. They are:

  • Accounting Technology/Technician and Bookkeeping, associate's degree, bachelor's degree, and master's degree.
  • Taxation, master's degree and post-master's certificate which graduated eighteen and zero students respectively in 2008.

Fordham University - Bronx, NY

Fordham University, 441 E Fordham Rd, Bronx, NY 10458. Fordham University is a large university located in Bronx, New York. It is a private not-for-profit school with primarily 4-year or above programs. It has 14,666 students and an admission rate of 47%. Fordham University has a master's degree and a post-master's certificate program in Taxation which graduated twenty-five and zero students respectively in 2008.

Wood Tobe-Coburn School - New York, NY

Wood Tobe-Coburn School, 8 E 40th St, New York, NY 10016-0190. Wood Tobe-Coburn School is a small school located in New York, New York. It is a private for-profit school with primarily 2-year programs. It has 557 students and an admission rate of 91%. Wood Tobe-Coburn School has a one to two year and an associate's degree program in Accounting Technology/Technician and Bookkeeping which graduated zero and eleven students respectively in 2008.

Raritan Valley Community College - North Branch, NJ

Raritan Valley Community College, 128 Lamington Road, North Branch, NJ 08876. Raritan Valley Community College is a medium sized college located in North Branch, New Jersey. It is a public school with primarily 2-year programs and has 7,020 students. Raritan Valley Community College has an associate's degree program in Accounting Technology/Technician and Bookkeeping which graduated sixteen students in 2008.

Fairleigh Dickinson University-Metropolitan Campus - Teaneck, NJ

Fairleigh Dickinson University-Metropolitan Campus, 1000 River Rd, Teaneck, NJ 07666. Fairleigh Dickinson University-Metropolitan Campus is a medium sized university located in Teaneck, New Jersey. It is a private not-for-profit school with primarily 4-year or above programs. It has 8,693 students and an admission rate of 61%. Fairleigh Dickinson University-Metropolitan Campus has a master's degree program in Taxation which graduated one student in 2008.

Monroe College-Main Campus - Bronx, NY

Monroe College-Main Campus, Monroe College Way, Bronx, NY 10468. Monroe College-Main Campus is a small college located in Bronx, New York. It is a private for-profit school with primarily 4-year or above programs. It has 4,767 students and an admission rate of 61%. Monroe College-Main Campus has an associate's degree program in Accounting Technology/Technician and Bookkeeping which graduated ninety-four students in 2008.

Essex County College - Newark, NJ

Essex County College, 303 University Ave, Newark, NJ 07102. Essex County College is a large college located in Newark, New Jersey. It is a public school with primarily 2-year programs and has 11,824 students. Essex County College has an associate's degree program in Accounting Technology/Technician and Bookkeeping which graduated two students in 2008.

Hudson County Community College - Jersey City, NJ

Hudson County Community College, 70 Sip Avenue, Jersey City, NJ 07306. Hudson County Community College is a medium sized college located in Jersey City, New Jersey. It is a public school with primarily 2-year programs and has 7,525 students. Hudson County Community College has an associate's degree program in Accounting Technology/Technician and Bookkeeping which graduated forty-seven students in 2008.

CUNY LaGuardia Community College - Long Island City, NY

CUNY LaGuardia Community College, 31-10 Thomson Ave, Long Island City, NY 11101. CUNY LaGuardia Community College is a large college located in Long Island City, New York. It is a public school with primarily 2-year programs and has 15,285 students. CUNY LaGuardia Community College has an associate's degree program in Accounting Technology/Technician and Bookkeeping which graduated 122 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 an associate's degree program in Accounting Technology/Technician and Bookkeeping which graduated forty-one students in 2008.

SUNY Westchester Community College - Valhalla, NY

SUNY Westchester Community College, 75 Grasslands Road, Valhalla, NY 10595. SUNY Westchester Community College is a large college located in Valhalla, New York. It is a public school with primarily 2-year programs and has 11,090 students. SUNY Westchester Community College has a one to two year and an associate's degree program in Accounting Technology/Technician and Bookkeeping which graduated three and fifty students respectively in 2008.

CUNY Bernard M Baruch College - New York, NY

CUNY Bernard M Baruch College, One Bernard Baruch Way (55 Lexington at 24th St), New York, NY 10010. CUNY Bernard M Baruch College is a large college located in New York, New York. It is a public school with primarily 4-year or above programs. It has 15,906 students and an admission rate of 26%. CUNY Bernard M Baruch College has a master's degree program in Taxation which graduated one student in 2008.

Passaic County Community College - Paterson, NJ

Passaic County Community College, One College Blvd, Paterson, NJ 07505-1179. Passaic County Community College is a medium sized college located in Paterson, New Jersey. It is a public school with primarily 2-year programs and has 7,865 students. Passaic County Community College has an associate's degree program in Accounting Technology/Technician and Bookkeeping which graduated one student in 2008.

Brookdale Community College - Lincroft, NJ

Brookdale Community College, 765 Newman Springs Rd, Lincroft, NJ 07738-1597. Brookdale Community College is a large college located in Lincroft, New Jersey. It is a public school with primarily 2-year programs and has 14,642 students. Brookdale Community College has an associate's degree program in Accounting Technology/Technician and Bookkeeping which graduated six students in 2008.

Long Island University-Brooklyn Campus - Brooklyn, NY

Long Island University-Brooklyn Campus, University Plaza, Brooklyn, NY 11201-5372. Long Island University-Brooklyn Campus is a medium sized university located in Brooklyn, New York. It is a private not-for-profit school with primarily 4-year or above programs. It has 8,459 students and an admission rate of 60%. Long Island University-Brooklyn Campus has a master's degree program in Taxation which graduated five students in 2008.

CUNY Borough of Manhattan Community College - New York, NY

CUNY Borough of Manhattan Community College, 199 Chambers St, New York, NY 10007-1097. CUNY Borough of Manhattan Community College is a large college located in New York, New York. It is a public school with primarily 2-year programs and has 21,357 students. CUNY Borough of Manhattan Community College has an associate's degree program in Accounting Technology/Technician and Bookkeeping which graduated 196 students in 2008.

Union County College - Cranford, NJ

Union County College, 1033 Springfield Ave, Cranford, NJ 07016-1599. Union County College is a large college located in Cranford, New Jersey. It is a public school with primarily 2-year programs and has 11,866 students. Union County College has an associate's degree program in Accounting Technology/Technician and Bookkeeping which graduated twelve students in 2008.

Bergen Community College - Paramus, NJ

Bergen Community College, 400 Paramus Rd, Paramus, NJ 07652-1595. Bergen Community College is a large college located in Paramus, New Jersey. It is a public school with primarily 2-year programs and has 15,283 students. Bergen Community College has an associate's degree program in Accounting Technology/Technician and Bookkeeping which graduated thirteen students in 2008.

Middlesex County College - Edison, NJ

Middlesex County College, 2600 Woodbridge Avenue, Edison, NJ 08818-3050. Middlesex County College is a large college located in Edison, New Jersey. It is a public school with primarily 2-year programs and has 12,346 students. Middlesex County College has a one to two year program in Accounting Technology/Technician and Bookkeeping which graduated eight students in 2008.

CUNY Bronx Community College - Bronx, NY

CUNY Bronx Community College, W 181 St & University Ave, Bronx, NY 10453. CUNY Bronx Community College is a medium sized college located in Bronx, New York. It is a public school with primarily 2-year programs and has 9,348 students. CUNY Bronx Community College has an associate's degree program in Accounting Technology/Technician and Bookkeeping which graduated eleven students in 2008.

Plaza College - Jackson Heights, NY

Plaza College, 74-09 37th Ave, Jackson Heights, NY 11372. Plaza College is a small college located in Jackson Heights, New York. It is a private for-profit school with primarily 4-year or above programs. It has 724 students and an admission rate of 25%. Plaza College has a one to two year and an associate's degree program in Accounting Technology/Technician and Bookkeeping which graduated twenty-two and twelve students respectively in 2008.

CUNY Queensborough Community College - Bayside, NY

CUNY Queensborough Community College, 222-05 56th Ave, Bayside, NY 11364. CUNY Queensborough Community College is a large college located in Bayside, New York. It is a public school with primarily 2-year programs and has 14,065 students. CUNY Queensborough Community College has an associate's degree program in Accounting Technology/Technician and Bookkeeping which graduated forty-eight students in 2008.

Seton Hall University - South Orange, NJ

Seton Hall University, 400 S Orange Ave, South Orange, NJ 07079-2697. Seton Hall University is a medium sized university located in South Orange, New Jersey. It is a private not-for-profit school with primarily 4-year or above programs. It has 9,592 students and an admission rate of 73%. Seton Hall University has a master's degree program in Taxation which graduated six students in 2008.

The College of Westchester - White Plains, NY

The College of Westchester, 325 Central Ave, White Plains, NY 10606. The College of Westchester is a small college located in White Plains, New York. It is a private for-profit school with primarily 4-year or above programs. It has 1,170 students and an admission rate of 76%. The College of Westchester has a one to two year and an associate's degree program in Accounting Technology/Technician and Bookkeeping which graduated two and thirty-three students respectively in 2008.

St. John's University-New York - Queens, NY

St. John's University-New York, 8000 Utopia Pky, Queens, NY 11439. St. John's University-New York is a large university located in Queens, New York. It is a private not-for-profit school with primarily 4-year or above programs. It has 20,109 students and an admission rate of 56%. St. John's University-New York has a master's degree program in Taxation which graduated fifty-four students in 2008.

Metropolitan Learning Institute - Rego Park, NY

Metropolitan Learning Institute, 97-45 Queens Blvd Ste 401, Rego Park, NY 11374-2113. Metropolitan Learning Institute is a small school located in Rego Park, New York. It is a private not-for-profit school with primarily less-than 2-year programs and has 388 students. Metropolitan Learning Institute has a one to two year program in Accounting Technology/Technician and Bookkeeping which graduated thirty-three students in 2008.

Bramson ORT College - Forest Hills, NY

Bramson ORT College, 69-30 Austin St, Forest Hills, NY 11375-4239. Bramson ORT College is a small college located in Forest Hills, New York. It is a private not-for-profit school with primarily 2-year programs and has 734 students. Bramson ORT College has a one to two year and an associate's degree program in Accounting Technology/Technician and Bookkeeping which graduated zero and twenty-five students respectively in 2008.

Rockland Community College - Suffern, NY

Rockland Community College, 145 College Rd, Suffern, NY 10901. Rockland Community College is a medium sized college located in Suffern, New York. It is a public school with primarily 2-year programs and has 6,986 students. Rockland Community College has an associate's degree program in Accounting Technology/Technician and Bookkeeping which graduated seven students in 2008.

CUNY Kingsborough Community College - Brooklyn, NY

CUNY Kingsborough Community College, 2001 Oriental Blvd, Brooklyn, NY 11235-2398. CUNY Kingsborough Community College is a large college located in Brooklyn, New York. It is a public school with primarily 2-year programs and has 16,117 students. CUNY Kingsborough Community College has an associate's degree program in Accounting Technology/Technician and Bookkeeping which graduated 108 students in 2008.

Fairleigh Dickinson University-College at Florham - Madison, NJ

Fairleigh Dickinson University-College at Florham, 285 Madison Ave, Madison, NJ 07940. Fairleigh Dickinson University-College at Florham is a small university located in Madison, New Jersey. It is a private not-for-profit school with primarily 4-year or above programs. It has 3,465 students and an admission rate of 62%. Fairleigh Dickinson University-College at Florham has postbaccalaureate certificate, master's degree, and post-master's certificate programs in Taxation which graduated six, nineteen, and seven students respectively in 2008.

Mercy College - Dobbs Ferry, NY

Mercy College, 555 Broadway, Dobbs Ferry, NY 10522. Mercy College is a medium sized college located in Dobbs Ferry, New York. It is a private not-for-profit school with primarily 4-year or above programs. It has 8,792 students and an admission rate of 35%. Mercy College has a less than one year and an associate's degree program in Accounting Technology/Technician and Bookkeeping which graduated one and three students respectively in 2008.

CUNY Hostos Community College - Bronx, NY

CUNY Hostos Community College, 500 Grand Concourse, Bronx, NY 10451. CUNY Hostos Community College is a medium sized college located in Bronx, New York. It is a public school with primarily 2-year programs and has 5,240 students. CUNY Hostos Community College has an associate's degree program in Accounting Technology/Technician and Bookkeeping which graduated thirteen students in 2008.

CUNY New York City College of Technology - Brooklyn, NY

CUNY New York City College of Technology, 300 Jay St, Brooklyn, NY 11201-2983. CUNY New York City College of Technology is a large college located in Brooklyn, New York. It is a public school with primarily 4-year or above programs. It has 14,102 students and an admission rate of 88%. CUNY New York City College of Technology has an associate's degree program in Accounting Technology/Technician and Bookkeeping which graduated seventy-one students in 2008.

Technical Career Institutes - New York, NY

Technical Career Institutes, 320 W 31st St, New York, NY 10001. Technical Career Institutes is a small school located in New York, New York. It is a private for-profit school with primarily 2-year programs and has 4,064 students. Technical Career Institutes has an associate's degree program in Accounting Technology/Technician and Bookkeeping which graduated thirty-one students in 2008.

CERTIFICATIONS

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: Newark, New Jersey

Newark, New Jersey
Newark, New Jersey photo by Gik%C3%BC

Newark is located in Essex County, New Jersey. It has a population of over 278,980, which has grown by 2.0% in the past ten years. The cost of living index in Newark, 140, is far greater than the national average. New single-family homes in Newark are priced at $83,500 on average, which is far less than the state average. In 2008, ninety-nine new homes were built in Newark, up from twenty-nine the previous year.

The three big industries for women in Newark 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 32 minutes. More than 9.0% of Newark residents have a bachelor's degree, which is lower than the state average. The percentage of residents with a graduate degree, 3.0%, is lower than the state average.

The unemployment rate in Newark is 14.8%, which is greater than New Jersey's average of 9.3%.

The percentage of Newark residents that are affiliated with a religious congregation, 57.0%, is more than the national average but less than the state average. First Mount Zion Baptist Church, First Newborn Tabernacle Church and First Presbyterian Church are among the churches located in Newark. The most common religious groups are the Catholic Church, the Muslim Estimate and the American Baptist Churches in the USA.

Newark is home to the Clinton Branch Newark Public Library and the Brills Yard as well as Rippel Field and River Bank Park. Visitors to Newark can choose from Fairfield Inn and Suites, Days Hotel Newark Airport and Broad Street Hotel LLC for temporary stays in the area.