The tax advisor: what are his role and missions?

 The tax advisor: what are his role and missions?

The tax advisor: what are his role and missions?

The wealth you have is subject to tax, whether it is real estate, financial wealth or professional wealth. Managing and maximizing this wealth is not always easy, especially when it is possible to pay less tax. In this case, calling on a tax advisor can be an advantageous solution in order to benefit from his professional advice and reduce the amount of his taxation in complete legality. Discover the role and missions of this specialized advisor.

The role and missions of the tax adviser: assisting his clients in their taxation

Whether self-employed or working for an accounting firm, the role of tax advisers is to support their clients in the management of their taxation and in the declaration thereof, in the aim of offering them the most advantageous solution in terms of taxation, and this in complete legality. Indeed, he helps his private and professional clients to reduce their taxes through advice and legal options. To do this, he studies the assets of his clientele and lists his resources to detect the legal possibilities available to him. By working in full compliance with the law, he is thus able to plead in favor of his client before the tax authorities and to justify the tax choices made in the event of litigation or litigation.

First, the tax advisor assesses the profile of his client. To do this, he carries out an asset assessment based on a complete study of the latter’s asset situation. It is from this observation that he is able to formulate proposals and recommendations to his client, with the aim of reducing his taxation.

In this context, the tax adviser can suggest to his clients, both individuals and professionals, to invest in financial or commercial products or to make low-risk investments such as retirement savings, life insurance or real estate investments. These investments are intended to maximize the income from assets of its clients and to allow them to benefit from advantageous taxation.

The tax advisor also intervenes in the context of the declaration of income. Indeed, his mastery of tax law allows him to guide his clients in order to optimize the value of their assets. He is able to provide a personalized response to each of his clients, because a file is unique. Its objective is to respond effectively so that its customers are satisfied and that they manage to reduce their taxes legally, but also to maximize their income from assets while strongly limiting the level of risk.

The tax advisor has three main missions:

  • He advises his client on the investments that may interest him according to his profile.
  • It offers a personalized response adapted to the situation, profile and wishes of each client.
  • It offers a tax and legal framework that suits the unique needs of each client.

It should be noted that the tax advisor is remunerated in the form of fees. In addition, he can collect a percentage on the tax gain he has obtained for his client.

 Why hire a tax advisor?

Hiring a tax advisor is not an obligation, but this type of service can have real advantages.

  • The tax advisor offers a personalized service. He studies and analyzes the situation of each of his clients to offer them an appropriate diagnosis and solutions, in particular according to the level of investment and risk that they are ready to incur.
  • The tax adviser accompanies his clients in the realization of their projects by advising and helping them. He is thus able to advise certain clients to opt for one investment rather than another to invest in real estate or to build up savings for their retirement, etc.
  • Like the broker, the tax advisor works for his clients and listens to them, with respect and trust. He offers them a legal and fiscal framework thanks to his expert vision and his skills in the matter in order to register any action legally.
  • The tax consultant helps his clients to reduce their taxes through legal and advantageous arrangements. If any individual or professional can request the services of a tax adviser, it should however be noted that only clients with substantial assets will find a truly advantageous response.

Finally, the relationship of respect and trust must be two-way. The client must, for his part, inform the tax advisor of his financial and personal situation so that he can provide him with the answers best suited to his profile.