HomeHome SearchSearch MenuMenu Our productsOur products

Save your company's money and be your own business tax consultant

by , 04 August 2014
Tax can be complicated for businesses. You may feel like you never know what tax deductions you qualify for or what tax you must pay.

That's why so many business owners turn to expensive tax consultants or advisors. But how do you know you're tax consultant is really trustworthy or knows what they're doing?

Sure, you can check their qualifications, or you can save your money and the stress and be your own tax consultant.

Here's how...

*********** Product endorsement  ************
 
Avoid costly tax issues
 
Don't pay another cent on expensive tax consultant or lawyer fees
 
*****************************************
 

Here's what a tax consultant will do for your business

 
According to about.com a tax consultant is there to help you through your tax process and advise you along the way. But with the right tools you don't need their advice. 
 
In fact there's no reason you can't do what a tax consultant does before, during and after your tax process. 
 
So here's what you'll need to do.
 

Here's what you must do before, during and after the tax process to be your own tax consultant

 
Before: Before you get started with your taxes you must plan. But you mustn't only do tax planning just before the end of the year. 
 
You must plan continues throughout the year. Assess your finances, incomes and expenses to see what you can use to bring down your tax bill. 
 
You should do this at strategic points during the year such as every quarter, at a minimum. Involve your managers to discuss strategies for minimizing your taxes.
 
During: Here you must complete your tax returns and remember to coordinate your business taxes and private taxes so you can offset any possible losses, particularly if you're self-employed. 
 
After: Once you file your tax return, there may still be work for you to do if SARS audits you. 
 
It makes sense to manage this yourself if you prepared all your taxes yourself and you know what's happening. 
 
And if you ever get stuck or need help, don't call up the nearest tax consultant! Just open your Digital Practical Tax Handbook on your computers and find exactly the information you need in seconds!
 
*********** Top rated product  ***************
 
Are your capital gains costing you too much tax?
 
Get your copy of Capital Gains Tax 101: Your ultimate guide to slashing Capital Gains Tax today so you don't pay a cent more to SARS than you have to.
 
*****************************************
 


Related articles




Related articles



Related Products



Comments
0 comments


Recommended for You 

  Quick Tax Solutions for Busy Taxpayers – 35 tax answers at a glance



Here are all the most interesting, thought-provoking and common tax questions
asked by our subscribers over the last tax year – everything from A to Z!

To download Quick Tax Solutions for Busy Taxpayers – 35 tax answers at a glance click here now >>>
  Employees always sick? How to stop it today



Make sure you develop a leave policy to regulate sick leave in your company.

BONUS! You'll find an example of the leave policy and procedure in this report.

To download Employees always sick? How to stop it today click here now >>>
  Absenteeism: Little known ways to reduce absenteeism



This FREE e-report will tell you how you can reduce absenteeism in your workplace while avoiding the CCMA and without infringing your employees' labour rights.

To download Absenteeism: Little known ways to reduce absenteeism click here now >>>
  7 Health & safety strategies to save you thousands



Don't let a health and safety incident cost you one more cent. Implement these seven
strategies in your company today.

To download 7 Health & safety strategies to save you thousands click here now >>>