Average U S. Internal Revenue Service IRS Salary in 2024

Each year managers can receive both a performance-based increase (PBI) and a performance bonus (often referred to as an award), based on their performance rating. Managers also receive locality pay applicable for their post of duty. Internal Revenue Agent requirements include US citizenship, plus either a four-year degree or experience along with 30 semester hours of accounting coursework. Revenue Agents can compete for a GS-13 position when available. Unfortunately, the availability of GS-13 positions can vary based on the whims of Congress and budgeting levels, so there’s no telling when those openings will come along.

  1. If you have questions about a career in Law Enforcement, including Special Agent positions, please contact one of our recruiters.
  2. Commonly known as performance-based pay or pay for performance, this is the pay system for IRS managers (excluding Executives).
  3. Find out how much an IRS agent makes and explore their earning potential.
  4. You will not find many careers that are this varied and this challenging.
  5. Make a resume TAILORED for Federal jobs, and modify this resume based on the specific position you are applying to.

4-Day Work Week – You work 10 hour days for 4 days a week and get 1 day off. However, this plan requires prior approval and you CAN’T switch it back to a 5-day work week ad hoc. If you are promoted to a higher GRADE while you are in between steps, you are automatically placed in the HIGHEST STEP of the higher grade that does not result in a pay decrease.

The amounts are based on the President’s and Congress’s annual determination to raise government-wide pay across-the-board. So, you can count on your salary reflecting the relative cost of labor across the country. Criminal Investigation (CI) is the law enforcement branch of the IRS.

Additional Requirements for Grade GS-7

As a new agent, you’ll receive both classroom and on-the-job training. Classroom training covers subjects such as tax law, report writing, fraud detection, taxpayer relations, research and examination techniques. This is followed by a period of on-the-job training under the guidance of an experienced agent. You will then be given a more comprehensive and structured https://accounting-services.net/ program combining classroom with computer-based training concentrating on the more complex areas of the tax law affecting individuals, corporations and partnerships. To embark on a career as an IRS agent, individuals must fulfill education and training requirements, obtaining at least a bachelor’s degree in accounting, finance, or a related field.

IRS agents play a crucial role in ensuring tax compliance, investigating potential tax fraud, and providing education and guidance to taxpayers. Their responsibilities include conducting tax audits, enforcing tax laws, resolving disputes, and staying updated on ever-changing tax regulations. Becoming an IRS agent can be a rewarding career choice for individuals interested in finance, taxation, and law enforcement. While the salary for IRS agents can vary based on factors such as experience, location, and job level, the overall compensation is competitive, and there are ample opportunities for career growth and advancement.

Our mission is to serve the American public by investigating potential criminal violations of the Internal Revenue Code, and related financial crimes, in a manner that fosters confidence in the tax system and compliance with the law. Therefore, a new employee will earn approximately 14 days of annual leave and 14 days of sick leave in their first year. Frequent Telework – You telework for 8 days per pay period and have to come into the office for 2 days. Since this is based on the bi-weekly pay period you could technically telework for the entire first week, then come into the office twice in the 2nd week.

If you have significant professional accounting experience, click here to learn about our senior-level Internal Revenue Agent careers. You are just required to work the requisite overtime within 3 months from using it. Religious time is banked SEPARATELY from comp time and annual leave. Although overtime isn’t mandatory, if you choose to work overtime then you earn compensatory time (comp time). However, you can only accumulate a maximum of 24 hours of comp time. As mentioned, you progress up the career ladder until you hit journey level and make step increases automatically.

Get in Touch with the IRS

Because of the expertise required to conduct these complex financial investigations, IRS Special Agents are considered the premier financial investigators for the Federal government. The amount of annual leave (vacation) and sick time you accrue each pay period (bi-weekly) is based on years of service. Another really nice part about internal opportunities at the IRS is the temporary assignment system.

How You Can Start a Career at the IRS

E.g., an employee with 25 years of service who earned a high-3 of salary of 100k would receive a pension of $25k upon retirement. Scheduled Telework – You have sets days every week that you telework, but less frequently than the plan below (i.e., the same 1-2 days per week every week). In addition to staying as a RA, there are tons of different internal opportunities. A common career transition people make is becoming a Special Agent with Criminal Investigations (CI). CI heavily recruits from RAs, and it’s much easier to get in as an internal hire. Grade increase can be as much as $10k-20k, whereas step increases are around $2k-3k.

In conclusion, a career as an IRS agent offers a rewarding opportunity to contribute to the nation’s financial system, uphold tax laws, and protect taxpayers’ interests. With the potential for career growth and a competitive salary, becoming an IRS agent can pave the way for a successful and fulfilling professional journey. As an Internal Revenue Agent, you’ll be a proactive decision-maker, working side-by-side with customers, businesses, CFOs, CEOs and the legal and financial communities. You’ll use the latest in computers, telecommunications and data management systems. Interacting with taxpayers, businesses, tax-exempt organizations and more, you’ll display a keen knowledge of changing tax laws and accounting practices, as well as various types of businesses and industries.

How much does U.S. Internal Revenue Service (IRS) pay?

IRS agents are responsible for a range of important tasks, including conducting tax audits and investigations, reviewing tax returns for accuracy, and providing guidance and assistance to taxpayers. They work diligently to ensure that everyone pays their fair share of taxes and that no one is engaging in illegal or fraudulent activities. Not only does an IRS career come with a competitive salary, you’ll also receive Locality Pay, according to your geographic location.

How Much Does An IRS Agent Make?

Over the years, I’ve been a clerk, a tax examiner, a customer service representative and analyst. I found training and work opportunities to grow my skills and get promotions. I participated irs agent salary in various professional development programs and applied for and advanced to front-line, mid-level and senior manager positions at the IRS, from customer service to enforcement.

It is important to note that the salaries mentioned are approximate ranges and can vary based on individual circumstances and the most recent updates to the General Schedule pay scale. It is advisable for individuals interested in pursuing a career as an IRS agent to consult official government resources for the most accurate and up-to-date salary information. Your accounting coursework must have been such that it would serve as a prerequisite for more advanced study in the field of accounting. Your coursework should reflect your knowledge of principles, intermediate and advanced accounting, cost accounting and auditing. Time management is emphasized throughout the hiring process, and for good reason, because you are the only person responsible for your own work.

In our Tax-Exempt and Government Entities (TE/GE) division, you will ensure the compliance of tax-exempt organizations and government entities. Agents in our Large and Mid-Size Business (LB&I) division work on large corporate cases. It is important to note that IRS agents are expected to uphold the highest standards of professionalism, ethics, and confidentiality. They handle sensitive taxpayer information with utmost care and maintain the trust and integrity of the IRS and its enforcement efforts. U.S. Internal Revenue Service (IRS) pays its employees an average of $72,438 a year. Internal Revenue Service (IRS) range from an average of $38,409 to $137,551 a year.

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