The course must also offer an effectivetaxplanning to reducetaxobligation of the client by encouraging efficient investments. In all of these cases, an in-depth knowledge of applicable taxes and the ways to save on these taxes may be the most important criteria.Communication and interactive skills that make them understand the clients’ accounting andtaxationneeds.Following are the main professional courses and degree that can be done to become aconsultant:a) CA, ICWAI or MBAb)TaxConsultancyCoursec) Personality development courseBelow are a few tips that will not only help you achieve your goals, but also help you become more focused in life:There are many types of taxes that are charged on income, vehicle, property or other such possessions.Ataxconsultant/advisor is referred to as ataxaccountant who helps people and organisations to complete theirtaxreturns every financial year.
Ataxconsultantis also required to travel to meet with clients.Job-oriented courses that will make you ready to take up a new assignment and get placed easily in the field oftaxationand accounting.Other than the above, an aspiringtaxconsultantmay also possess the below qualities:Expertise and knowledge in accounting and finance.Decision-making and analytical skills that allow them to shape the finances and investments of the clients in such a way that they have to pay the minimumtax.Capability to work on professional and ethical grounds so that no false practices are included in theirtaxadvice.Ataxconsultanthas to
Auto accessories Suppliersundergo extensivetaxationtraining before becoming a professionaltaxconsultantbut there are a certain fundamentals that make them eligible to take the courses intaxation. It will be also great if you can improve your qualification and skills by getting professional degrees and courses.
Taxadvisors can either work independently, for the government, or for a firm.Finally, right qualification, quality, enhanced knowledge and expertise intaxationwill turn out any accounting professional into an abletaxconsultant.Last but not the least – experience.The training course that you select must offer:Practical training and well as classroom training that will teach you to prepare accounts andtaxationstatements for individuals as well as for the corporates. This can involve extracting and analysing information from their financial documents, like, wage, employment and mortgage, investment statements, etc.The training course must make you learn and operate both old and latest accounting software. To achieve all these, there is a lot of learning involved in this process as thetaxconsultantis the sole solution for that.Required Qualification To Become ATaxConsultant:Being a commerce graduate will give you an edge over others.By: CA Amit Kumar Garg.
Thetaxconsultantsin India are mainly those having the qualification in law, commerce, ICWA, CA, CS, Mathematics, Science or other such accounting qualification. Experience in a similar field may surely matter as it will be an additional benefit for thetaxconsultantand his client. These basics can be the knowledge oftaxation, inclination towards the subject and the existing qualification. Salaries also depend on the education qualifications.Undergo extensive trainingIf you are the one having all of the above qualification and qualities then you can opt for the accounting certification courses offered by the recognised training centres so as to get the knowledge as per the industry. If you have the required educational qualification, then some training and further certified accounting courses would make you a successfultaxconsultant.The above stated qualification, quality and expertise are the basic requirement of becoming ataxconsultant, but the final molding of theconsultantwill be carried out throughtaxaccounting courses
