72
/100

SOC 13-2082

Tax Preparers

High RiskFrey/Osborne: 99.0%

Risk Score

โš ๏ธ

72/100

High Risk

US Employment

๐Ÿ‘ฅ

73,570

Total workers

Median Wage

๐Ÿ’ฐ

$51K

$31K โ€“ $96K

Projected Growth

๐Ÿ“ˆ

+4.5%

2023-2033 (BLS)

GenAI Exposure

๐Ÿค–

95/100

High exposure

How we calculate these numbers โ†’

๐Ÿ’ก Tax Preparers face a risk score of 72/100 โ€” 28 points above the national average of 44. With 95/100 GenAI exposure, this occupation faces significant pressure from AI tools despite strong projected growth. See our methodology โ†’

๐Ÿ’ก Workers in this field earn $51K ($4K above the national median). The 3 recommended career transitions all maintain competitive wages while reducing automation exposure. Explore transition paths โ†’

๐Ÿ” AI Impact Analysis

With a risk score of 72/100, Tax Preparers faces significant automation pressure. Key threats include ai summarization replacing manual report compilation and automated tax preparation and compliance tools. The 73,570 Americans in this role should actively develop skills in ethical judgment in fiduciary and advisory roles and strategic advisory requiring deep client relationship knowledge to remain competitive. Workers who proactively adapt will find new opportunities even as traditional tasks are automated.

Will AI Replace Tax Preparers?

Read our full analysis with verdict, risk factors, safe tasks, and career transition paths โ†’

โš ๏ธ Top Risk Factors

1

AI summarization replacing manual report compilation

2

Automated tax preparation and compliance tools

3

Generative AI producing marketing and creative copy

4

Chatbot displacement of customer-facing interactions

5

Large language model automation of analysis tasks

๐Ÿ›ก๏ธ Tasks Safe from Automation

โœ“

Ethical judgment in fiduciary and advisory roles

โœ“

Strategic advisory requiring deep client relationship knowledge

โœ“

Navigating regulatory ambiguity and compliance judgment

๐Ÿ“Š Task Automation Breakdown

Based on O*NET task analysis and GenAI exposure scoring. Shows the estimated proportion of this occupation's core tasks that are automatable by current AI, augmented by AI tools, or require essential human skills.

๐Ÿ“‹ O*NET Task Profile

โ€ข

Use all appropriate adjustments, deductions, and credits to keep clients' taxes to a minimum.

โ€ข

Compute taxes owed or overpaid, using adding machines or personal computers, and complete entries on forms, following tax form instructions and tax tables.

โ€ข

Interview clients to obtain additional information on taxable income and deductible expenses and allowances.

โ€ข

Review financial records, such as income statements and documentation of expenditures to determine forms needed to prepare tax returns.

โ€ข

Prepare or assist in preparing simple to complex tax returns for individuals or small businesses.

๐Ÿ’ป Technology Skills

โ€ข

Project management software

โ€ข

Accounting software

โ€ข

Tax preparation software

โ€ข

Financial analysis software

โ€ข

Electronic mail software

๐ŸŽ“ Key Knowledge Areas

โ€ข

Customer and Personal Service

โ€ข

Economics and Accounting

โ€ข

English Language

โ€ข

Computers and Electronics

โ€ข

Law and Government

๐Ÿ“Š vs National Average

Median Wage$51K
+$4K

National avg: $46K

Risk Score72/100
+28

National avg: 44/100

GenAI Exposure95/100
+57

National avg: 38/100

Projected Growth4.5%
+0.8%

National avg: 3.7%

๐Ÿ”„ Career Transition Paths

OccupationRiskWageOverlap
Advertising, Marketing, Promotions, Public Relations, and Sales Managers16$145K57%
Lawyers, Judges, and Related Workers17$144K55%
Business Operations Specialists28$80K73%