The primary role of a tax consultant or a tax advisor in India is to help people and organization in paying their taxes. They hold expertise in tax law, tax compliance, and tax planning. Both individuals and business owners can hire a tax consultant for long and short term tax optimization. It is important to hire someone with immense experience and expertise in the field of taxes as that will be an investment for the future of your business. The tax advisor helps you with the advice on best practices to ensure you get to maximize your tax refunds. These people trained in the field of finance law and accounting processes and hence can help you manage your cash flow as well as taxes better.
So the services offered by tax advisor that is preparing tax returns for individuals, companies, partnership, trust and foundations, auditing services, bookkeeping services using accounting tools, preparing monthly reports, preparing monthly, quarterly and annual business statements for GST purposes, Help with creditor and debtors, secretarial services, and assistance with commercial loan, invoice factoring and debt financing.
As a tax advisor is aware of both the government policies as well as the way the government policies as well as the government works, it is much easier from them to route around. It is all about using resource smartly without breaking any sorts or law or without getting into any troubles. Now days a tax advisor can meet you through online because everything is going digitally so it is easiest way to consult and save time for business.
