Tax Accounting Programs in New Jersey
Over the next seven years, employers are expected to add nearly 200,000 new jobs for people with a degree in accounting. According to predictions from the Bureau of Labor Statistics (BLS), tax auditing is just one accounting specialty that is expected to do very well. In addition to examining tax returns for errors, tax auditors provide financial guidance to individuals and business owners.
The New Jersey Board of Accountancy requires all tax professionals, including auditors, to pass the Certified Public Accountant (CPA) exam. Applicants do not need 150 semester hours to sit for the exam, but they do need to fulfill that requirement to receive their certification. The undergraduate degree program must include 24 hours of accounting coursework and 36 hours of instruction in miscellaneous business topics. The CPA includes sections on auditing, financial, business and regulation topics. New Jersey applicants must pay a total of $948.20 to take all four parts of the exam.
In a 2012 BLS report, the median annual salary for tax auditors in New Jersey was listed at $81,470. This figure is $10,000 higher than the national average and third in the country behind the District of Columbia and New York. There were 34,320 people employed as tax auditors in the state in 2012. The pay range for all tax auditors in 2012 was approximately $48,000 to $120,000.
Monster.com listed 77 openings for tax accountants and auditors in late 2013. Some of the employers posting ads include the following:
- Untracht Early, LLC
- Verizon Wireless
- Wilten & Gunntenplan, P.C.
- Minntech Corporation
- SS and C Technologies