Tax Preparers

The median annual income for tax preparers was approximately $49,010 in May 2023, according to the U.S. Department of Labor. Salaries ranged from less than $29,170 to more than $98,810 annually. Fifty percent of tax preparers earned between $35,670 and $76,020. Incomes vary widely, however, due to a number of factors.

Tax preparers generally charge a fee per tax return, which may range from $30 to $1,500 or more, depending on the complexity of the return and the preparation time required. The number of clients a preparer has, as well as the difficulty of the returns, can affect the preparer's income. The amount of education a tax preparer has also affects their income. Seasonal or part-time employees, typically those with less education, usually earn minimum wage plus commission. Enrolled agents, certified public accountants, and other professional preparers, typically those with college degrees or more, usually charge more.

Fees also vary widely in different parts of the country. Tax preparers in large cities and in the western United States generally charge more, as do those who offer year-round financial advice and services.

Benefits for salaried tax preparers depend on the employer; however, they usually include such items as health insurance, retirement or 401(k) plans, and paid vacation days. Self-employed tax preparers must provide their own benefits.