For many people, the process of filing an income tax return is daunting. Tax laws change frequently, and many individuals and business owners are simply unaware of the myriad of rules that govern deductions, credits and reportable income. As a result, the average taxpayer may make mistakes that can result in the underpayment or over payment of taxes.
Tax consultancy is what the solution to this problem is. Here are the advantages of hiring a tax consultant.
- · Help complying with the changing tax laws
- · Hassle-free and timely filing of ITR
- · Proper Tax Planning
- · Providing assistance in Assessment
- · Dodging pitfalls in the ITR