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- What type of accounting service is needed?
- What is the accounting for? I.e. personal or corporate.
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Financial accountants can assist you in producing financial statements for parties to use externally. Usually these financial statements are generated to show a particular entity’s past and current financial position.
Unlike financial accounting, management accounting involves producing information predominantly for internal use by a business’s management. This financial information is typically more detailed than financial statements.
As the name suggests, these accountants handle anything related to tax payments. It can be either for personal or corporate matters, and tax accountants assist you with handling audits, collections and even appeals as a taxpayer.
Hiring a reliable and capable tax accountant can represent a huge difference in retained funds for personal or corporate use. A tax accountant can be extremely useful when preparing your tax returns at the end of the financial year and to ensure you receive the highest amount of tax back.
Investigating whether the business is qualified or not can be extremely helpful in making your hire decision. In terms of qualifications and education, accountants may have completed a diploma or university degree. If they’re a part of any accounting associations such as Chartered Accounts for Australia and New Zealand, it’s a good sign.
Reading past client reviews on the tax accountant’s Oneflare profile can give you a robust indication of what it’s like to work with the business, and you can then evaluate whether this business can fulfil your needs - whatever they may be.
Making those jobs you hate easier
Tax accountants are in high demand at the end of financial year, as they are extremely useful in getting the maximum amount of cash back in your tax return. To find out how to further utilise your tax accountant to generate further savings, have a read of these articles on OneGuide.
Check out what people are saying about tax accountants
Their services lies at first grade. They are expedient, fast and gracious. I will suggest to all and also use more and more.
Bright Accounting recently helped me with my personal and company tax returns. I was behind in my personal tax returns and was late in submitting a previous BAS. Leo took charge and managed everything for me. He prepared my returns real fast and handled all the correspondenc..
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