A Beginner’s Guide To Tax Consultants

If you are seeking tax consultant advice, you need to be looking for “tax consultants near me.” At Geaux Tax Resolution, we are centrally located in Lafayette, LA, and are convenient to other major cities, including Baton Rouge, and Lake Charles.

WHAT YOU NEED TO KNOW ABOUT TAX CONSULTANTS

What Is a Tax Consultant?

If you are searching for “tax consultants near me,” you probably already have a good idea of what a tax consultant is. To dispel any possible confusion, a tax consultant is not a tax preparer. A tax preparer prepares income tax forms, such as the 1040 EZ or 1040, among others.

Tax consultants, on the other hand, have an in-depth, working knowledge of the current tax code and stay abreast of current and potential future changes in the law. They are also experienced in tax preparation. The difference is they have the expertise to assist clients with more complicated taxation and financial concerns. Examples include the clergy and other professionals with complicated taxation rules, beneficiaries of trusts, business owners, and the self-employed.

What Does a Tax Consultant Do?

When searching for “tax consultants near me,” you need to make sure they are reputable. Focus on tax consultants who are licensed professionals or have achieved some other level of professional recognition. Services you can expect a quality tax consultant to provide include:

  • Representing a client when dealing with tax collection agencies, such as the IRS
  • Completing tax schedules and forms, particularly complex ones that other tax preparers are not familiar with
  • Determining a client’s tax liabilities by evaluating the client’s legal and financial circumstances
  • Preparing tax returns and documents after collecting and organizing them
  • Helping clients through tax complications related to significant life transitions
    • Divorce
    • Marriage
    • Birth of a child
    • Death of a spouse

 

Who Needs a Tax Consultant?

Anyone can benefit from a tax consultant. Many people seeking a tax consultant have complex tax situations such as receiving a great deal of assets through a divorce, earning taxable income while living abroad, needing to file an amended tax form following a material mistake on a tax return, and receiving an audit notice from the Internal Revenue Service.

How to Choose the Right Tax Consultant

When looking for the best tax consultant for your needs, it is important to do your due diligence. If you are looking into an enrolled agent, search the IRS’s Office of Enrollment to verify that there are no licensing issues or disciplinary actions. If you are looking for a tax consultant near you who is also a Certified Public Accountant (CPA), you can check with the state’s board of accountancy to make sure there are no issues. The Better Business Bureau is another great resource for vetting potential tax consultants.

Ask how long a tax consultant has been working. He should have more than a few years of experience, especially working with the particular problem you have. For example, if your tax liability is delinquent and the IRS is talking about garnishments or liens, your tax consultant should have a track record of success negotiating with the IRS on a delinquent taxpayer’s behalf. The best tax consultants can even negotiate a reduced payoff amount, such as not paying the interest and late fees accrued.

END YOUR SEARCH FOR “TAX CONSULTANTS NEAR ME”

Are you searching for “tax consultants near me”? Look no further than Geaux Tax Resolution. With over 30 years of experience, our experts have the knowledge to help you with all your unique tax needs and a track record you can trust. For more information on how we can help you, contact us today to schedule your initial consultation.

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