Tax Accounting Programs in New Mexico
Tax auditors are responsible for ensuring the accuracy of federal and state tax returns as well as other financial documents. In order to uncover errors or deliberate fraud, tax auditors examine bank statements, sales ledgers, invoices, inventory reports and more. After finding one or more problems, tax auditors notify the taxpayer and explain what must be done to correct the situation.
All accounting professionals in New Mexico are required to pass the Certified Public Accountant (CPA) exam after completing a bachelor degree program. Educational requirements include at least 30 semester hours of accounting courses, three of which must include business law. The initial application fee for New Mexico residents is $155. Applicants must also pay $190.35 for the audit and financial portions of the exam and $171.25 for the regulation and business portions.
The Bureau of Labor Statistics (BLS) reports that there were 5,470 people employed as tax auditors in New Mexico in 2012. The average salary for tax auditors at all experience levels was $60,450. Security and commodities exchanges, the federal executive branch of government and private financial investment companies are the highest ranking industries when it comes to compensation for tax auditors.
In the fall of 2013, there were 84 openings for tax auditors in New Mexico listed on Indeed.com. Some of the other job titles used to describe tax auditors include tax compliance manager, internal auditor and financial services administrator. The following employers posted openings for tax auditors in New Mexico at Indeed.com:
- New Mexico State Personnel Office
- Accounting & Consulting Group, LLC
- Bernalillo County Government
- Presbyterian Health of New Mexico
- Volt Workforce Solutions