Tax Accounting Programs in South Carolina
Educational Information:
From accounting to consulting for businesses in South Carolina, there are a variety of ways to use a tax auditing degree in the state. A tax auditing program exposes students to concepts in accounting procedures, budgeting procedures, financial analysis, legal aspects of accounting and other concepts.
Licensing Information:
To be a tax auditor in South Carolina, one only needs to have a bachelor’s degree in a major that deals with finances. Most jobs also require that applicants also possess a valid driver’s license for that state. Some employers in South Carolina also require that individuals have experience in using the South Carolina Enterprise Information System (SCEIS). Many employers also want to see that students have had at least one year of tax experience.
Employment Information:
In South Carolina, some of the opportunities that exist for auditors include accounting for companies, serving as a tax analyst for companies or being an audit manager. As an audit manager, one will identify tax issues that clients deal with and help to educate colleagues about auditing processes. One can serve as a tax auditor for the IRS or work for a government agency in South Carolina. Banks, government agencies and private companies are the most frequent employers of students with a tax auditing degree.
As of May 2020, accounting professionals earned an average salary of $68,520 in South Carolina, while tax preparers here earned an average salary of $41,050. Between 2018 and 2028, the number of accountant and auditor jobs in the state is projected to increase by 12%, and the number of tax preparer jobs is projected to increase by 12%.
About 1,920 annual job openings for accountants and 140 annual job openings for tax preparers are expected during this ten-year period leading to 2028 due to a combination of new job growth, retirements, and natural job turnover.
May 2020 Bureau of Labor Statistics salary and job market trends for accountants and auditors and tax preparers. Figures represent state data, not school specific information. Conditions in your area may vary. Data accessed April 2021.
Job growth projections for accountants and auditors and tax preparers sourced from the U.S. Department of Labor-sponsored O*Net database and based on state-specific information (2018-2028)