Best Of Entry Level Tax Attorney Salary 2023

Tax Attorney Salary in United States 【All States 2022】 CareerExplorer from careerexplorerguide.com

Entry Level Tax Attorney Salary: What Can You Expect in 2023?

Introduction

Becoming a tax attorney is a lucrative career choice for those who are interested in the legal field and have a passion for numbers. But what can you expect to earn as an entry-level tax attorney in 2023? Let’s take a look at the current trends and projections.

Industry Overview

According to the Bureau of Labor Statistics, the median annual salary for lawyers in 2020 was $126,930. However, the salary range for tax attorneys can vary widely depending on the type of employer and geographic location.

Salary Range

As an entry-level tax attorney, you can expect to earn between $60,000 and $90,000 per year. This range may seem lower than the median salary for all lawyers, but keep in mind that entry-level salaries are typically lower across all industries.

Factors That Affect Salary

Several factors can affect the salary of an entry-level tax attorney. These include:

Type of Employer

The type of employer you work for can have a significant impact on your salary. Tax attorneys who work for large law firms or corporations tend to earn higher salaries than those who work for smaller firms or non-profit organizations.

Geographic Location

The geographic location of your employer can also affect your salary. Tax attorneys who work in major cities or high-cost-of-living areas generally earn higher salaries than those who work in rural areas.

Education and Experience

Your level of education and experience can also affect your salary. Tax attorneys with advanced degrees or several years of experience may be able to command higher salaries than those who are just starting out.

Job Outlook

The job outlook for tax attorneys is positive. The Bureau of Labor Statistics projects that employment of lawyers will grow by 4% between 2019 and 2029, which is about as fast as the average for all occupations.

Conclusion

If you’re considering a career as a tax attorney, you can expect to earn a competitive salary as an entry-level employee. Keep in mind that your salary may vary depending on factors such as your employer, location, education, and experience. With a positive job outlook and plenty of opportunities for growth, becoming a tax attorney can be a smart career move in 2023 and beyond.

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