Tax Accounting Programs in Maine
Tax auditors in Maine are responsible for evaluating the finances of an individual or business to ensure compliance with all local, state and federal tax laws. Other duties include interviewing financial stakeholders, advising clients on tax liabilities and regulations, identifying wasteful spending and preparing reports of audit results. You may work for a private organization as an internal auditor or for the Internal Revenue Service (IRS).
People who work directly with the financial records of others are required to possess a Certified Public Accountant (CPA) credential. Before you can take the exam, you need to have completed at least 120 hours of a bachelor degree program in accounting or finance. Additionally, 15 semester hours must be in accounting, ethics and auditing combined with at least three hours each of auditing and accounting coursework. Your educational requirements must be fulfilled within 120 days of taking the exam. The Maine Board of Accountancy requires you to have 150 semester hours of post-secondary coursework before receiving your CPA certificate. As of 2013, the total fee for the CPA exam in Maine is $868.20.
In September 2013, the website Career Builder listed 19 open positions for tax auditors in Maine. The hiring companies include staffing agencies, government entities, public corporations and private businesses. Some of the employers include:
- Maine Revenue Service
- Realty Resources Management
- Pro Search, Inc.
- Robert Half Finance & Accounting
- Brokerage Consulting, Inc.
- Sequel Care of Maine, LLC
In a May 2012 Bureau of Labor Statistics (BLS) report, there were 6.66 people employed as tax auditors for every 1,000 working adults in Maine. The median annual salary for tax auditors in Maine at that time was $60,680.