Tax Jobs in Virginia

Market context

The tax profession in Virginia encompasses a broad range of roles focused on advising individuals and businesses on tax compliance, planning, and strategy, adhering to federal, state, and local tax laws.

Virginia imposes a state individual income tax with rates ranging from 2% to 5.75% and a corporate income tax rate of 6%. Sales and Use Tax is generally 4.3% statewide, with additional local option taxes, often totaling 5.3% or 6%. Real estate and personal property taxes are significant at the local level, varying by county and city. Tax professionals frequently interact with the Virginia Department of Taxation for state-level matters and local Commissioner of the Revenue offices for property and business license taxes.

Regulatory timeline

• 2023-03-27Virginia HB 2367 (Tax Conformity to Federal Law)Enacted
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• 2022-03-23Virginia SB 1339 (Sales Tax Exemption for Food)Enacted
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Skills & tools