As a tax consultant, you manage annual tax filings for organizations, businesses, or individuals. You work closely with clients throughout the year to minimize taxation, ensure compliance with federal and state regulations, and maximize after-tax income. This career requires excellent project and time management skills to manage several tasks at once while preparing a complex tax return. You also use research and analytical insight to identify deductions and credits that can help save a client money.
A good tax consultant can make a real difference to your finances and give you peace of mind. The best way to find a good advisor is through recommendations from friends and family, as well as business owners in your area. Alternatively, you can look online for tax consultant reviews and ratings. Many tax consultants are cutting ties with hourly billing and moving towards value pricing, which puts your knowledge and expertise at the center of your value proposition.
The most important hard skills in this job are analytical, strategic thinking, and problem-solving. You will need computer and software skills, including spreadsheets, databases, accounting and taxation software programs, and other related software. Strong written and verbal communication is important to build trust when discussing delicate financial matters with your clients. You must also be dedicated to keeping up-to-date on changes in tax laws and regulations.
Whether you are just starting your career in taxation or have been working as a tax consultant for years, the right tools and resources can help you excel. Thomson Reuters Checkpoint Edge offers up-to-date research materials, editorial insight, productivity tools, and learning and development resources to improve your accuracy and confidence on the job.Steuerberater