Why Do You Need A Tax Consultant?
Tax planning is crucial, however, often ignored in India. Tax planning not just means availing of deductions, but even includes planning your investments and finances so that the tax payable is not high. Knowing which tax to pay is not sufficient. Filing income tax returns can be a complex job for new taxpayers. One needs to take an expert’s advice while submitting tax returns to save taxes appropriately. Also, the government introduces changes or exemptions in the tax laws, making the situation even more complicated for individual taxpayers while filing the tax. Here is when tax consultants come into the picture. Tax consultants, also known as tax advisors, are experts in taxation law, tax planning, and tax compliance. They provide helpful tax-related guidance; tax consultants are even responsible for keeping up-to-date knowledge and keeping you well informed about the latest tax necessities, either on the state or federal levels. What Does A Tax Consultant Do? Tax consultants h...