Revenue Agents Career

A revenue agents career in the US will open doors for you in the IRS (Internal Revenue Service) and most revenue officers work in government positions only. As a revenue agent, your primary focus will be on the collection of taxes from delinquent individuals and handle all functions directly related to assessment and collection of these taxes. As a part of the revenue agents career, one will need to handle cases, which are also known as taxpayer delinquent investigations (TDI) or taxpayer delinquent accounts (TDA). The job of the revenue agent is to handle each case assigned to them and offer necessary resolution. Some of the job duties of a revenue agent include securing delinquent returns, conducting investigations, collecting all delinquent taxpayer accounts, and filing extensions to statutes of limitations for collection among others.

How to become a revenue agent:

Those who are interested in pursuing a revenue agent career need to hold a bachelor’s degree in accounting from an accredited educational institution. One can start their job by becoming a trainee and then climb up the job responsibility ladder to become a revenue agent. The other alternative is to complete education and specialize in certain areas of accounting by getting a certification or completing a thesis on the same. Sound knowledge of accounting, knowledge of computers, and good communication are some of the prerequisites.

Revenue agent career courses, training, programs:

Most revenue agent careers start with the state government and then proceed to Federal government or IRS (Internal Revenue Service). Hence, one needs to hold sound knowledge in accounts and should understand various taxation related issues and solutions. A Bachelor’s degree in accounting or finance will help one to understand and master accounting and taxation concepts as well as other areas of study include accounting theory, auditing, accounting, business law, business economics, company accounting, business statistics, taxation law and principles, and external reporting among others.

Revenue agent career schools/colleges, education:

There are several top colleges and universities in the USA that offer Bachelor program in accounting or finance.

Top 4 colleges/universities:

Columbia University

Stanford University

Massachusetts Institute of Technology (Sloan)

University of California-Berkeley (Haas)

Revenue agent job opportunities, salaries/pay:

According to the market analysis of top consultants, the salary of a revenue agent varies from $42,000 – $110,000 per annum. The average salary for a revenue agent in the US is $74,156 per annum while the bonuses range from $1,500 to $2,500.

Category: Finance Careers

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