Tax Shop Salary

How much does the Tax Shop Pay for employees?

As of August 2026, the average annual salary for employees at Tax Shop in the United States is $94,067. This translates to an approximate hourly wage of $45. Salaries at Tax Shop typically range from $82,673 to $106,428 annually, reflecting the diverse roles and experience levels within the company. Tax Shop’s salaries are influenced by a wide range of factors including job role, department, years of experience, and location.
DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.

How Much Does Tax Shop Pay for Different Roles?

Explore detailed salary information for specific jobs at Tax Shop. The table below outlines the annual salary ranges for popular roles within the company, helping you benchmark potential earnings. Use 'View by Card/Table' option to find the data most relevant to your career path.
DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.
How accurate does the salary look to you?

Current Job Openings at Tax Shop

Ready for your next career move? Explore current job openings at Tax Shop. Use the search tool below to find available positions by title and location and apply directly to start your career.

Is Tax Shop’s Pay Competitive? Salary Benchmarking Analysis

How does Tax Shop’s compensation stack up against the market? This analysis visualizes their annual average salary compared to its industry benchmark and key peer companies.
Peer Company & Industry Benchmarking
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Average Salary ($/year)
Tax Shop
Business Services
IOOGO Inc
Advanta Tax Advisors LLC
Industry Comparison
Our data shows that, on average, compensation at Tax Shop is below the average for the U.S. Business Services industry by approximately 22%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Tax Shop average annual salary with several similar companies. Tax Shop average salary of $94,067 is higher than IOOGO Inc, which has an average salary of $87,939. It is higher than Advanta Tax Advisors LLC, with their average salary at $85,945. This places Tax Shop in a competitive position among its peers.
See Your True Competitors
The companies behind the question marks could be hiring your best people. Don't operate with incomplete data. Unlock your full competitive view with Salary.com for Business to precisely benchmark salaries, benefits, and more against your true competitors.

Employee Reviews: Working at Tax Shop

Considering a career at Tax Shop? Explore authentic employee reviews to learn about the work environment, career growth opportunities, pay transparency and benefits. These first-hand insights can help you set realistic compensation expectations and make informed career decisions.
Advancement opportunities are clear, and hard work doesn’t go unnoticed. Company culture promotes continuous learning. The company’s commitment to diversity and inclusion is genuine. Benefits are adequate, and work hours are generally reasonable.
This principled approach makes me genuinely proud to be part of this organization and its positive impact. I’ve had several opportunities to upskill and take on new responsibilities. It’s a great motivator and makes you feel like a valued part of the team. This understanding culture makes it easier to manage personal and professional responsibilities, reducing stress and increasing loyalty among t...
While this can sometimes feel a bit rigid, it also means expectations are clear. Communication from leadership is professional but sometimes impersonal. My professional expertise is genuinely respected by my superiors.

Tax Shop Overview

Website
www.taxshopmn.com
Founded In
1995
Employees
<25 employees
Industry
Business Services
Headquarter Address
2316 Louisiana Ave S Minneapolis Minnesota MN 55426
Revenue
<$5 Million
Phone Number
+1 9525414858
Social Media
About Tax Shop
Tax Shop is your One Stop Shop for income tax return preparation, payroll processing, and bookkeeping solutions. We have been working with individuals and small businesses since 1995. we have prepared income tax returns, financial statements, and other related reports - for a reasonable fee! We specialize in meeting the tax and accounting needs of individuals and small businesses. We strive to ins

What Benefits Does Tax Shop Offer Beyond Salary?

A competitive compensation package is more than just a salary. Tax Shop offers a comprehensive benefits package designed to support your health, financial future, and overall well-being. Below are the most common key benefits:
Social Security
401(K)
Disability
Healthcare
Pension
Time Off (days)
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How Much Should You Be Earning?

Get an estimated calculation of how much you should be earning and insight into your career options.

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What Is the Cost of Living Near Minneapolis?

Understanding the cost of living near Minneapolis is key to truly evaluating a salary offer or your current compensation at Tax Shop.
Minneapolis' Cost of Living Index is approximately 104.8 (4.8% more expensive than US average; 7.9% more than MN average). Major city, vibrant, housing costs above US avg, cold winters (high heating). Metro Transit. When planning your budget based on a salary from Tax Shop, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,400 - $2,100+ A significant portion of Tax Shop salary. Location choices impact this heavily.
Utilities (Basic) $130 - $230 (Heating significant) Electricity, Heating, Cooling, Water etc.
Public Transportation $120 (Metro Transit monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $430 - $630 Can be higher with more dining out or specialty stores.
Personal & Leisure $450 - $800+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $390 - $720+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,920 - $4,480+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Tax Shop

1. How much does a Tax Shop employee make?

Tax Shop pays its employees an average of $94,067 per year. The average salary at Tax Shop range from $82,673 to $106,428 per year. It's important to remember that these are overall averages, actual salaries vary significantly based on specific job titles, years of experience, skills, and location.

2. Which similar company tend to pay more or less than Tax Shop?

The salary at Tax Shop is higher than the similar company. The average annual salary at Tax Shop is $94,067, or an hourly wage of $45, in comparison to IOOGO Inc which pays $87,939 per year or $42 per hour.

3. Do employees with advanced degrees (Master's, PhD) earn more at Tax Shop?

In many roles at Tax Shop, particularly those requiring specialized knowledge or research capabilities (e.g., certain engineering, scientific, or financial roles), an advanced degree like a Master's or PhD can lead to a higher starting salary and faster career progression, thus higher earnings. However, for some roles, direct experience and skills might be valued as much or more than an advanced degree. The impact varies by field and specific job requirements.

4. How does the cost of living near Minneapolis affect the perceived value of a Tax Shop salary?

Minneapolis' Cost of Living Index is approximately 104.8 (4.8% more expensive than US average; 7.9% more than MN average). This significantly impacts the purchasing power of a salary from Tax Shop based there. Our "Cost of Living Insights for Minneapolis" module details this impact, helping you assess the 'real feel' value of your compensation.

5. What kind of benefits does Tax Shop typically offer employees?

Tax Shop generally offers a range of employee benefits designed to support their workforce's health, financial well-being, and work-life balance. Comprehensive health insurance (medical, dental, vision), a 401(k) retirement savings plan (often with a company match), paid time off (PTO), and potentially disability and life insurance are included. For a more detailed list of benefits, please see our "Employee Benefits at Tax Shop" section on this page.