When we are about to choose a consultant who follows our accounting, entrepreneurs tend to turn to the Trade Associations and not specifically to a real professional who has studied and prepared for the accounting – tax management of a company, more specifically an SME.
If you are an SME, how do you choose the Tax Advisor?
SME stands for Small and Medium Enterprise. The actual economy of our country is very much based on the average entrepreneurship, which is often forgotten and which is often not even considered. We must think that from the multinational to the small neighborhood shop, the process is an assembly line that then reaches the final consumer, that is, the individual.
In this time of crisis, and especially in a country where the tax burden is equal to headache. However, salaries are higher than in Italy. The need to keep a business alive is much more difficult.
Also read – Importance of Steuerberatung wien in a Business Environment
For this reason, we require the assistance of a reliable and experienced tax consultant who will provide us with as lots of information as possible for adequate accounting management of our business. Unfortunately, the class of tax advisers, tax advisers, and accountants are present as an elite class, and indeed, in some ways, it is.
It is no secret that the fiscal and administrative situation is really to be razed to the ground and a new reconstruction hypothesized. Still, until the organization changes, it will be necessary to live with this situation or do as many large companies that bring their headquarters abroad.
The Tax advice vienna ( Steuerberatung Wien ) can undoubtedly think that the pre-eminent activity that we want to offer to customers is to listen to them, view the company situation, and provide an opinion on how to have different company management.
Effectiveness of tax advice
- The effectiveness of tax advice also depends on the attitude the client has.
- Some clients are reluctant to ask for advice and stop at a minimum.
- Some customers are looking for the best result.
- The former has a very short-term vision. They only see the cost incurred for the consultancy and try to reduce it to a minimum.
- The second thing is that tax advice is a medium-long term investment: it is appreciated over time.
GET THE FULL BENEFIT OF TAX ADVICE
Tax advice vienna ( Steuerberatung Wien ) offers professional tax advice to streamline your financial activities and streamline your accounts. You can reap significant benefits from tax advice in the following areas:
- Annual tax return
- Tax reform
- Tax returns
- Calculation of share and real estate gains
- Tax returns
- Holding construction
- Generational change
- Joint taxation
- Parental purchase
- Other tax cases
The purpose of advising you on tax matters, VAT and taxes is that you get the best possible financial result, and you thus have the best conditions for you to have even happier customers.
They advise on optimal financing of companies, raising venture capital, and rules for taxes and fees so you can make the choices you get the most value out of. Therefore, they have armed us with expert knowledge of Austrian and international law, economic issues, and international tax law.
Tax advice vienna ( Steuerberatung Wien ) takes care of all tax cases regardless of the scope and is also happy to take you to court if your case gets this far. You can advantageously avoid misunderstandings, mistakes and breaches of rules by using a professional accountant.
The tax advisor examination can focus on procedural law, income taxes and the combination of valuation, inheritance and fundamental law. European Community law and economics are also on the curriculum. In principle, the candidate has mastered balance sheet tax law and bookkeeping.
Exceptionally talented employees are hired by tax and auditing companies and trained at their expense.
The increasing global networking of companies leads to international degrees. These are primarily written in English. The associated meetings also take place with partners who speak English. If possible, the tax advisor should also understand the Russian, Spanish or Chinese tax system. Due to the personnel structure, he must work in a team. This also applies to resilience. He uses his excellent communicative and analytical skills in negotiations with board members and managing directors, whose companies he supports and advises.
In practice, the tax advisor prepares the bookkeeping and the annual financial statements. These can be the financial statements of the OHG, GmbH or AG. The limits to be observed by him are regulated in various laws.
He can also delegate these tasks to his tax clerk. But he has to check their work. He is solely responsible for these executed orders in the external relationship with his name and stamp.
The tax laws and rules are constantly changing throughout the world. The tax advisor must continually adapt to these changes. He combined his tax law knowledge and experience with the new requirements. The law obliges him to continue his education.
WHAT DOES A TAX ADVISOR COST?
It is always a great to have your tax accounts reviewed to find out if they can be streamlined. It often pays to invest a little in reviewing your tax or annual statement.
- For companies that manage the accounting internally, the Firm carries out control activities concerning the VAT and COGE accounting records and the keeping of the obligatory accounting and social books, assisting the client in the preparation.
- Technological innovation plays a fundamental role in keeping the accounts and managing the consequent obligations. In particular, the Firm, to minimize the resources used by the client, to simplify the commitments and to make the exchange of documents and information timely, provides the following tools:
Electronic filing of accounting books for accounting managed by the Firm;
Accounting in Cloud is the custom-built accounting and electronic invoicing software for SMEs, an easily accessible, practical and complete resource that meets all management needs. Furthermore, taking advantage of the advantages offered by the Cloud, the program provides an entirely digital multilingual and multi-user environment that allows maximum data sharing and does not require installation, updates or maintenance. Documents and information that are always up-to-date can also be consulted outside the office walls, reducing analogue management costs.
The relationship between a chartered accountant and a client is one of the most important and delicate things in the business world. Chartered accountants, as well as accountants, have responsibilities towards their clients. Responsibility concerning the consultancy provided and the activities carried out favoring its customers. In Austria, this matter is the subject of legislation. The accountant’s responsibility is to arrange when the professional, voluntarily or involuntarily, does not comply with professional diligence.
- Systems for importing accounting data from any client management system to the studio software. Depending on the customer’s needs, the data import can refer to all accounting records or only to particular sections (active cycle, passive cycle, etc.)
- Invoicing and accounting system that can be used by the client directly on the Firm’s web platform and can be seen at any time by the staff, to make the accounting assistance precise and fast;
- manage all the activities of your company in a simplified way;
