When selecting a tax consultant to manage your tax savings strategies, it’s important to choose a firm that works in your best interest. A trustworthy tax expert is able to improve your budget by increasing savings and capturing tax credits you are eligible to claim.

While finding a tax service you can rely on is beneficial, it is sometimes difficult to know what to look for when researching different tax specialty firms. What makes a tax consultant trustworthy?

Discover the qualities of a tax expert who works to achieve your goals and delivers results that benefit your business.

Credentials and experience are important factors in choosing a reliable tax expert, but your firm must also actively work to improve your business. To determine whether a tax consultant is trustworthy, begin by listening closely when you communicate with him or her.

A firm that employs friendly tax experts who are easy to speak with and take an interest in your company is usually one that is beneficial to work with. Helping you increase tax savings with sincere advice signifies a trustworthy tax specialty firm.

The firm should pay attention to your needs instead of focusing on their own goals or saying negative things about other tax service providers. Considering how a specific tax credit opportunity fits into your overall tax situation is an important consideration with regards to any potential project.

Another factor to consider is whether your tax consultant delivers promised results. If an advisor claims you are eligible to receive R&D credits or qualify for green building incentives but fails to obtain the promised tax savings, then your tax specialty firm may not be reliable. Your advisor should complete a detailed analysis before informing you that a benefit is available.

Choose A Trustworthy Tax Service To Increase Savings

An experienced tax consultant is knowledgeable in his or her field and possesses the expertise to help you claim valuable tax credits and implement tax savings strategies. Consider whether your tax specialty firm offers the following services:

• Federal Employment Credit Programs
• State Employment Credit Programs
• Research And Development Tax Credits
• Green Building Incentives
• Cost Segregation Services

If your tax specialty firm offers these valuable tax services to clients, ensure they have a proven record of claiming credits and increasing tax savings for businesses similar to yours.

Ask your tax expert if they have previously worked with a company of your size, in your industry or have claimed the credits for which you are submitting. A reliable consultant is able to give you examples of clients they have helped in the past.

When choosing a trustworthy tax consultant, it is advisable to research a variety of tax specialty firms that offer the services you require. While cost of service is an influencing factor, remember that an experienced expert is able to achieve greater tax savings for your business.

An instructive way to begin your research is to learn about tax credits and tax savings strategies for which your company is eligible. Are the WOTC, R&D credits or employment credits suitable for your business? You are unable to obtain savings without taking the first step towards discovering whether you qualify.

Ready to learn about potential opportunities to increase tax savings for your business? Find out if you are eligible to claim R&D credits.