It is not uncommon to find people embroiled in litigation with Australian tax authorities over tax assessments, fines and penalties, and other types of tax harassments. This is mostly because people are unaware of taxes that they are required to pay from time to time, and also because they are unable to calculate the correct amount of tax which they need to pay.
In this process, some people miscalculate and pay less taxes, while some land up paying much more than they should. This necessitates requirement of professional accountant or a person who knows Australian tax system and taxes that you need to pay from time to time.
Accountants can solve the problem, but more appropriate are tax agents in Australia who are trained in taxation laws and system of the country, have experience of working under chartered accountants and tax agents, and have the understanding of laws and ways in which they can be manipulated to your advantage.
Work of tax agents
Tax agents are multipurpose agents who can solve your all kinds of problems. They are trained to handle all kinds of issues that have tax implications. They can help you file your individual returns, help to file your corporate returns, advice you on all kinds of transactions that will involve tax and ways in which you can minimize your tax liability or even circumvent it.
Individual returns:
Most of you may be experts in your filed of work, but have very little understanding of taxation. Employing accountants to do the work help you only to file returns, but there are many kinds of deductions and incentives that government allows which remain unclaimed because the accountant has no knowledge.
You can see for tax agent near me and find a certified tax agent who has full understanding of all laws and incentives. He can guide to fill your individual returns in a better manner.
Estate Tax:
One of the most complicated issues in taxation is the estate tax. People inherit property from their relatives but forget to pay tax. When tax notices arrive at their doorstep, they look for people who can save them. Looking for a tax agent near me will help you to find certified tax agents who help you with estate tax.
Corporate tax:
Once your business grows to the next level, it is time to employ tax agents to do the work. They know all types of taxes that you need to pay from time to time. This can help you concentrate on generating revenue rather than getting involved with taxation authorities.
So, if you are looking for a tax agent to take care of your problems, you can contact the office of Stephen Cole FCPA Accountant. They have a team of tax agents who work with their clients to make their lives smooth and comfortable. If you wish to confirm their work, you can visit their website to check the reviews given by people who have used their services.