Professional Tax Consultants play Role in Various Fields

Tax advisors, also know as tax consultant, are expert in tax law, planning and compliance. Such professionals serve their clients by updating them with the new laws and guiding them with short and long term tax optimization.

 Such consultant typically works and expands the role of a tax prepare. They not only prepare tax returns, but also work throughout the year to make sure that their clients’ tax liability is minimized.

 Such consultant can specialize in many areas. Some of the areas are specified below:

- Business tax consultant: Such professionals help their clients and strategize for them to minimize income tax that is owned by the business persons and shareholders. Also, these professionals help in tax planning and eliminate double taxations.

 - Property tax analyst: Such professionals prepare property tax returns; analyze property tax assessments and reconciliation, reviewing and processing property tax payments, researching issues related to property tax compliance, and many more. 

 -Sales consultant: Such Professionals are gaining much popularity, as many business tax payers are of the opinion that this particular section is always overlooked. So, these professionals offer proper guidance and ensure accuracy in filing sales tax return.

 Apart from these, there are such professionals in areas like estate, payroll tax analyst, and fund tax analyst, among others. Each specialized professional are proficient in their particular departments, having different planning strategies.

Law schools in UP under law university in Uttar Pradesh offer quality education to the students. Aspiring candidates seeking admission in such institutions must score minimum of required percentage in their 12th grade, followed by other fixed norms of the institutes.