How much does a Tax Accountant IV make in Elgin, IL? The average Tax Accountant IV salary in Elgin, IL is $125,761 as of February 26, 2024, but the range typically falls between $112,406 and $142,145. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target. 

Tax Accountant IV Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Tax Accountant IV Salary $100,247 Elgin,IL February 26, 2024
25th Percentile Tax Accountant IV Salary $112,406 Elgin,IL February 26, 2024
50th Percentile Tax Accountant IV Salary $125,761 Elgin,IL February 26, 2024
75th Percentile Tax Accountant IV Salary $142,145 Elgin,IL February 26, 2024
90th Percentile Tax Accountant IV Salary $157,062 Elgin,IL February 26, 2024
25% $112,406 10% $100,247 90% $157,062 75% $142,145 $125,761 50%(Median) Didn’t find job title? Click
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What skills does a Tax Accountant IV need?

Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

1.

Customer Service: Customer service is the provision of service to customers before, during and after a purchase. The perception of success of such interactions is dependent on employees "who can adjust themselves to the personality of the guest". Customer service concerns the priority an organization assigns to customer service relative to components such as product innovation and pricing. In this sense, an organization that values good customer service may spend more money in training employees than the average organization or may proactively interview customers for feedback. From the point of view of an overall sales process engineering effort, customer service plays an important role in an organization's ability to generate income and revenue. From that perspective, customer service should be included as part of an overall approach to systematic improvement. One good customer service experience can change the entire perception a customer holds towards the organization.

2.

Property Tax: A property tax or millage rate is an ad valorem tax on the value of a property. The tax is levied by the governing authority of the jurisdiction in which the property is located.

3.

Tax Planning: Tax planning refers to financial planning for tax efficiency. It aims to reduce one's tax liabilities and optimally utilize tax exemptions, tax rebates, and benefits as much as possible. Tax planning includes making financial and business decisions to minimise the incidence of tax.

Customer Service 1.04%
Property Tax 0.8%
Tax Planning 0.71%
Others 97.45%

Job Description for Tax Accountant IV

Tax Accountant IV is responsible for the maintenance and preparation of tax records, tax returns, and tax-related schedules and reports. Prepares paperwork for local, state and federal level returns for submission within specified deadlines. Being a Tax Accountant IV collects and analyzes changes in local, state and federal regulations to ensure work processes are in compliance with those changes. Typically requires a bachelor's degree. Additionally, Tax Accountant IV typically reports to a manager. Tax Accountant IV is a specialist on complex technical and business matters. Work is highly independent. May assume a team lead role for the work group. To be a Tax Accountant IV typically requires 7+ years of related experience. (Copyright 2024 Salary.com)... View full job description

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Job Openings for Tax Accountant IV in Elgin, IL

Career Path for Tax Accountant IV

A career path is a sequence of jobs that leads to your short- and long-term career goals. Some follow a linear career path within one field, while others change fields periodically to achieve career or personal goals.

For Tax Accountant IV, the first career path typically progresses to Tax Research Manager.

Additionally, the second career path typically starts with a Tax Accountant V position, and then progresses to Tax Supervisor I.

Those that have already made the climb...
Raymond V. Damadian, Chairman of the Board; Acting Principal Financial Officer; Director
FONAR Corporation, together with its subsidiaries, engages in the research, development, production, and marketing of magnetic resonance imaging (MRI) scanners for the detection and diagnosis of human diseases in the United States. The company operates in two segments, Medical Equipment, and Physician Management and Di... More
Fiscal Year Ended in 2022
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Tax Accountant IV salary varies from city to city. Compared with national average salary of Tax Accountant IV, the highest Tax Accountant IV salary is in San Francisco, CA, where the Tax Accountant IV salary is 25.0% above. The lowest Tax Accountant IV salary is in Miami, FL, where the Tax Accountant IV salary is 2.9% lower than national average salary.

City, State Compared to national average
City, State San Francisco, CA Compared to national average
+ 25.0%
City, State Washington, DC Compared to national average
+ 11.3%
City, State Miami, FL Compared to national average
-2.9%
City, State Chicago, IL Compared to national average
+ 5.5%
City, State Boston, MA Compared to national average
+ 12.7%
City, State New York, NY Compared to national average
+ 17.5%
City, State Dallas, TX Compared to national average
-0.7%

Take just three simple steps below to generate your own personalized salary report

Step 1 of 3

Understand the total compensation opportunity for a Tax Accountant IV, base salary plus other pay elements

Average Base Salary

Core compensation

 
 
 
112406
142145
125761

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
119667
156703
136693
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Tax Accountant IV in Elgin, IL. The base salary for Tax Accountant IV ranges from $112,406 to $142,145 with the average base salary of $125,761. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $119,667 to $156,703 with the average total cash compensation of $136,693.
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How much should you be paid?

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112406
142145

 

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About Elgin, Illinois    Elgin (/ˈɛldʒɪn/ EL-jin) is a city in Cook and Kane counties in the northern part of the U.S. state of Illinois. Located roughly 35 mi (56 km) northw....More

Elgin, Illinois  area prices were up 0.8% from a year ago    View the Cost of Living in Elgin, Illinois

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