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3. Tax preparers

December 4, 2018

Photo Credit: dennizn / Alamy Stock Photo

Master’s degree premium: 40.0% higher (+$16,000 per year)Median annual salary for master’s degree: $56,000Median annual salary for bachelor’s degree: $40,000Percent of employees with a master’s degree: 15.4%Projected job growth by 2026: 10.8%

Tax preparers are experts in the U.S. tax code and perform a lot of the same functions as certified public accountants, such as compiling information from clients and preparing tax returns. Unlike CPAs, who can provide broader assistance to clients, tax preparers are more limited in their scope of work. That said, tax preparers often form close relationships with their clients through the services they provide.

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