- When you need to resolve the issue urgently, and you don’t have time to seek for answers in different sources of information.
- When there is no unambiguous answer to the question;
- In case of change of tax legislation or regime;
- When new activity appears.
Correct formulation of tax accounting in the company not only allows computing taxes, but also legally reducing tax liabilities and tax risks. As a rule, tax planning and tax optimization include the following tasks:
- Checking methods of optimization of taxation applied by the company and evaluation of their security and legislation correspondence, calculation of tax risks;
- Recommendations for improving methods of tax planning and fiscal accounting, including accounting policy and workflow system;
- Development of optimal method of tax planning.
Preparation of tax reporting - one of the most important tasks of accounting. Generally such work includes:
- Analysis of operations carried out during reporting (tax) period;
- Checking of interrelation of calculations (declarations) indexes with accounting and financial statements;
- Correspondence of data reflected to current tax legislation;
- Preparation of tax calculations or declarations as well as other documents attached to the report (right to benefit, rationale of losses, etc.).
