US Tax Market Report - 2023/24

Welcome to the Blackden Consulting US tax survey results and market report. This is the second time we have produced this report, and we hope it provides valuable insight into the US and UK/US tax markets, along with hiring trends.

Our report analyses the results of our 2023 US tax survey and compares them with the report we conducted in 2021 at the end of the Covid pandemic. This year, we surveyed over 400 US (and UK/US) tax professionals across 13 countries.

Despite economic uncertainties and an increased demand for accountants from in-house firms and funds, the consulting industry has shown remarkable resilience. Several new boutique firms have emerged in the UK, while remote firms have experienced significant growth and established their presence. The demand for qualified US tax professionals such as EA, CPA, and JDs continues to surge across the board.

Our team hired US tax professionals in 8 countries in 2023, across associate to director-level roles, with compensation ranging from ￡32,000 to ￡230,000.

In summary, our report:

• Uncovers unique trends and challenges that shaped hiring in 2023 and predictions for 2024
• Compares results to the survey we conducted in 2021
• Offers insights into US tax professionals' thoughts of the industry

You can read the report here https://online.flippingbook.com/view/889515839/