How much of a pay cut would I be looking at if I switch paths from audit/financial accounting over to tax?

3 years of experience in audit
1 year in industry
CPA licensed

Looking to switch to tax but I assume I’ll have to be a tax associate for a while. Current salary is 98k looking at SLC market

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Wow, that’s a big crossroads. Typically, switching to a tax associate in SLC means starting around $63K–$75K, so you're likely looking at a 30–40% pay cut from your $98K audit role, at first. But there’s room to grow! Have you thought about how fast you want to move up?

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With 4 years experience on returns don’t sell yourself short. Interview for senior positions and let them tell you it’s not enough experience. You might be surprised if the firm needs partnership or individual return seniors.

You may have to take a short-term cut like down to $85K if you're switching to tax. With your CPA though and the experience you have you can get a more senior position quickly. Think of it as a quick reset to the path you see for your future.

I haven’t fully looked at entry level positions in a while, would you say it’s best to just go in the “student” section on the careers site?

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