Tax agents can be a valuable resource when it comes to understanding and filing your taxes. Not only will they provide guidance on the best ways to file your taxes, but they may also be able to help you avoid potential tax-related penalties or deductions that you might qualify for.
What does tax agent do?
A tax agent is a professional who helps individuals and businesses with their tax obligations. They may offer guidance on which deductions or credits are available, help to prepare individualized taxes, or represent the taxpayer in court if necessary.
What are the advantages to using the services of a registered tax agent?
When it comes to taxes, the sooner you get them taken care of, the better. That's why registered tax agents are a valuable resource. They can help you prepare and file your taxes quickly and easily so that you don't have to stress out about anything. Additionally, they offer other services such as estate planning and financial planning advice.
What is the difference between a BAS agent and a tax agent?
A BAS agent is a specialized financial professional who helps individuals and businesses with their taxes. They may be able to provide guidance on how to structure your finances, make tax-planning decisions, or negotiate beneficial tax treatments. A tax agent can also help you prepare your taxes in advance by doing calculations and consulting with TurboTax or other online tools.
How much does a tax advisor cost?
A tax advisor can cost anywhere from $2,500 to upwards of $50,000+ depending on the level of service you require. A full-service tax professional will provide guidance and assistance with all aspects of your taxes including preparing returns, doing audit preparation and review, helping to navigate complex laws and regulations, as well as providing insights into investment planning.