An increasing number of business owners appreciate the services of external consulting firms. The support of specialized entities brings many benefits such as business and investment consulting, representing the interests of the company or full HR and payroll service. There is also a group of companies that provide tax advice. Is it worth using their services?

Tax advice and its many advantages

The main advantage of using the assistance of a tax advisor is a wide range of services that will satisfy both small and larger business owners. Support will be useful already at the stage of planning and registering business activity. The expert will deal with tax accounting and its control and will assess tax risks. In the case of large companies, it will help in tax optimization and analyze which solutions will provide the company with financial liquidity.

Tax advice will also help you to optimise your costs. According to the law in force, tax experts are obliged to protect the interests of their clients and maintain professional secrecy, even after the termination of cooperation. Frequently changing tax laws can hinder a company's development, including fear that all entrepreneurial activities are legal. Professional assistance will positively influence the growth of business competitiveness.

Professional tax advisor as a company representative

The use of tax advisory services provides the company with a specific convenience. If you grant a power of attorney to tax experts as a taxpayer, you can count on them to represent your company before tax authorities, tax inspection, social security and local fees. In the event of a dispute, the adviser will also represent the entity before the appeal bodies.

Is a tax advisor trustworthy?

Tax optimization and tax accounting are activities that require broad knowledge of the company from the advisor. Possible leaks of information could be detrimental to its interests. However, the law guarantees full security for the owners. The tax advisor is covered by professional secrecy, also after the termination of cooperation, and is subject to civil liability insurance. All documents signed by the advisor as a proxy are supplemented with data identifying him/her, which guarantees no escape from responsibility. He is required to continuously improve his qualifications, and his competences must be confirmed by a state examination.

Each qualified tax adviser must combine the competence of a business adviser with that of a lawyer. His work is based on constant advice, searching for the best solutions and taking care of the client's interests. A person representing a company before the tax authorities and other authorities will definitely facilitate the business process and save a lot of money.