Crucial Questions to Ask Before Hiring Tax Consultants

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Crucial Questions to Ask Before Hiring Tax
Consultants
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• Should you hire a tax consultant? Are you better
  off doing
• your taxes yourself?

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Work with Professionals

• If your schedule is always full and you have
  varying sources of income you need to account
  for, its best to work with professionals.
• This will mean incurring professional fees but
  chances are youll only end up incurring
  unnecessary fees if you dont. The initial
  savings you thought you would earn can easily go
  down the drain.
• So if youre unsure how to go about the process,
  better go to the experts for further advice.

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• Here are questions to ask a tax consultancy
  agency before
• hiring them for the job.

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Whats your professional experience so far?

• Its important that the tax consultancy team has
  already handled jobs relevant to your industry or
  business. You will benefit from their experience
  working with several clients and dealing with
  situations similar with yours.
• It also helps if the team is working with other
  clients or companies with even bigger business
  than yours. This is one sign they have the
  expertise in handling even more complex cases and
  can help you with your accounting needs.

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How many years have you been working as a tax
consultant?

• How long has the team or the professional been
  helping clients with their individual tax
  returns? Experience sets one team or person apart
  from the other.
• The longer they have worked in the tax audit
  industry, the more varied their professional
  experience is most likely. And you want someone
  that can assist you especially during cases that
  involve judgment calls.

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What professional licenses do you have?

• You need to know which licenses the tax
  consultant has for your peace of mind. You want a
  guarantee that the professional youre entrusting
  your finances with has legal rights to practice.
  It also helps if they have had special trainings
  or courses related to tax auditing.
• This means theyve had exposure in various areas
  apart from personal taxes. Consider it a bonus
  point too if the team is consistently working to
  improve their knowledge on the industry.

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Will you be able to represent me?

• The tax consultant should be able to attest to
  your tax return. Should there be a need to
  represent you in the unlikely event that you are
  subject for audit, the professionals helping you
  with your taxes should as well be able to stand
  by you.
• They should be able to answer questions
  pertaining to your tax returns on your behalf.
  This may come with an additional fee but at least
  you can assure your side is well-represented.

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Check these Out!

• Be sure to ask these four questions as it will
  also help you determine which team you feel most
  comfortable working with. When it comes to your
  income and tax returns, it pays to be sure so
  best to work with licensed tax consultancy
  services providers.
• Check Out These Crucial Questions to Ask Before
  Hiring Tax Consultants. Brought to you by Atic
  Pty Ltd.
• For more info on accountants sydney, check out
  http//www.aticptyltd.com.au