What are the duties and responsibilities of a tax consultant?
Tax consultants, also known as tax advisors, are specialists in professional tax law, planning, and compliance. They serve businesses and individuals alike by staying updated on new tax laws and positioning taxpayers for short and long-term tax optimization. In addition to preparing tax returns, the tax consultants also work closely with clients throughout the year to ensure that client tax liability is minimized.
What is the perfect tax consultant job description should be?
The tax consultants should possess strong written and verbal communication skills and should be able to explain tax law and strategies in a way that is accessible and easy for clients to understand. Tax consultants work for public accounting firms, law offices, and financial consulting firms and many even have their own independent tax consultation businesses. The tax consultants can be expected to perform the following duties and responsibilities that include:
• Conducting research on tax laws
• Strategizing with clients to minimize tax liability
• Communicating with clients to explain tax issues
• Preparing tax returns
• Estate planning
• Keeping clients compliant with their tax obligations
Choose us for expert tax matters
As a tax consultant may have many clients affected by the same issue, the ability to draft a well-written and concise letter is often the most effective means of disseminating information to a number of different clients. To ensure that you have the best consultant, choose them from renowned firms like us at The Accounting & Tax which is a Canadian tax consulting service.
We at The Accounting & Tax are dedicated to serving small businesses in Accounting, Bookkeeping, Financial Statements, HST Filing, WSIB Filing Payroll, Business Registrations, and Taxation (Personal, Small Business, or Corporations in Canada and the U.S.A). Our website is your junction to get information on tax matters. We are experts in providing tax preparation for Canada and the U.S.A. We provide useful knowledge of tax matters and our services are quite economical.
Tax consultation for individual & corporate clients
At The Accounting & Tax, we have been providing professional tax consultant services, audit, and accounting solutions to individuals and corporate clients since its inception way back in 2001. We are a tax consultant in Toronto that prides itself in taking an integrative approach to financial planning, helping clients structure their finances from top to bottom.
