• HOME
Log In
August 10, 2022
  • Home
  • Contact Us

User Panel Banner
Log In

  • Home
  • Business
  • Finance
  • Branding
  • Sales
  • Marketing
HomeBusinessDo you need a professional tax advisor for your co...

Do you need a professional tax advisor for your company this year 2020?

  • January 23, 2020
  • 0 comments
  • admin
  • Posted in Business
  • 0
0
SHARES
FacebookTwitterGooglePinterest
RedditTumblr

A tax, and accounting advisor is one who helps entrepreneurs, and companies in their tax, and accounting obligations, as well as others related to the management, and administration of their activity. Are you an advisor or are you looking for one? If you are looking for the best Thailand tax consultants near you, then this content is just for you. In general, a tax advisor works as a freelance, or salaried employee for tax, and accounting advice which should not be confused with an agency.

What does a tax advisor do?

The main function of a tax advisor is to help his clients with their tax obligations. And, it includes the following functions –

  • Advice on issues related to the administration and management of the company.
  • Advice to entrepreneurs.
  • High and low economic activity in the Tax Agency, and Social Security.
  • Choice of the legal form to be adopted by a company (Limited Partnership, Public Limited Company, etc.).
  • Representation before a court or the Tax Agency in tax proceedings.
  • Accounting and billing.
  • Payroll and salaries.
  • Preparation of balance sheets and accounting reports such as the balance sheet, the opening balance and the closing balance or the income statement.
  • Periodic tax returns.
  • Account audits.
  • Asset and equity planning.
  • Advice on the need for a billing program or accounting program.

Responsibility of the tax advisor

A bad service of a tax advisor can have tax, criminal, and civil consequences for the client. This is why it is important to hire the best professional tax advisor who has proven experience.

  • Tax liability – He is jointly and severally liable if he actively participates in the task of tax violations.
  • Criminal liability – Although, the taxpayer is responsible for a criminal offense, the advisor may be affected if it is demonstrated that his participation has been essential for the commission of the crime.
  • Civil liability – A negligent, or defective service may carry responsibilities of the advisor to his client.

When a tax advisor is needed?

In principle, there is no rule or principle that stipulates when a company, self-employed or individual needs a tax advisor. However, it is always advisable to have one for the proper development of an economic activity since its inception. Aspects such as the tax declaration, the most basic accounting, and the payroll management of the workers or the choice of the most appropriate legal form of a company will always be easier to solve if it is with the help of a tax advisor.

admin
admin

Related Posts

0 comments
Business

10 Advantages of CCTV Cameras for Your Business

0 comments
Business

The Importance of a Site Survey for Your Signage Installation

0 comments
Business

KNOWLEDGE ABOUT DERIVATIVES YOU HAVE TO WIELD

Web Hosting Services Make Your Online Business Mor...

  • January 23, 2020
  • 0 comments

LIMS Data Management

  • January 25, 2020
  • 0 comments

Share this

0
SHARES
FacebookTwitterGooglePinterest
RedditTumblr

Related Posts

0 comments
Business

10 Advantages of CCTV Cameras for Your Business

0 comments
Business

The Importance of a Site Survey for Your Signage Installation

0 comments
Business

KNOWLEDGE ABOUT DERIVATIVES YOU HAVE TO WIELD

0 comments
Business

Advantages of Credit Reports for Businesses

Do not miss

0 comments
Business

10 Advantages of CCTV Cameras for Your Business

gallery+10 Items

TOP POSTS

0 comments
Business

10 Advantages of CCTV Cameras for Your Business

  • August 1, 2022
  • 0
  • 23

7 Features Every Foodie Business Needs in Their POS System

  • July 27, 2022
  • 0
  • 8

The Importance of a Site Survey for Your Signage Installatio...

  • July 26, 2022
  • 0
  • 2

How to Run an Effective Event Marketing Campaign

  • July 24, 2022
  • 0
  • 7
gallery+10 Items
The key to victory is discipline, and that means a well made bed. You will practice until you can make your bed in your sleep.

REcent post

Featured

7 Features Every Foodie Business Needs in Their PO...

  • July 27, 2022
  • 8

HOT POSTS

1

Business Security : Using...

  • September 28, 2020
  • 0
  • 11
2

What To Consider When Cho...

  • February 13, 2021
  • 0
  • 37
3

8 Best Live Streaming App...

  • September 14, 2021
  • 0
  • 37
Copyright © 2019 officeosetup.com Allow responsivity