What does a Tax Professional do?

N. Madison

The tasks a tax professional performs depend on his specific job description. For example, the job of a tax preparer may differ somewhat from that of a tax advisor or agent. In general, however, a tax professional often has the job of preparing tax returns and other tax-related documents, answering questions related to tax issues, and submitting forms and payments on behalf of their employers or clients. A tax professional may also be responsible for record-keeping tasks, communicating with tax agencies, or even providing legal representation for employers or clients.

Tax professionals are often hired by individuals when filing their tax returns.
Tax professionals are often hired by individuals when filing their tax returns.

One of the most well-known jobs a tax professional may perform is filing tax returns and related documents. Often, a tax professional takes the documents provided by an employer or client and uses them to determine how much income a taxpayer has in a given tax year as well as his tax liability for that year. With this information at hand, he can then figure out how much the taxpayer owes to a tax agency or how much money the taxpayer is due in the form of a refund.

A tax professional may create strategies to ensure that her client pays the least amount of money possible in taxes.
A tax professional may create strategies to ensure that her client pays the least amount of money possible in taxes.

Tax professionals may also have the responsibility of keeping financial records for clients or an employer. A person with this title may record income and debits and complete required tax documents throughout the year. Sometimes a person with this title may also submit tax payments for his clients or employer. A tax professional may also create strategies and provide advice for the optimal handling of a taxpayer's finances and find legal ways to ensure that the taxpayer pays the least amount of money possible in taxes.

Tax professionals may also have the responsibility of keeping financial records for clients or an employer.
Tax professionals may also have the responsibility of keeping financial records for clients or an employer.

In some cases, a tax professional acts as a representative for his clients or employer, and in this role, he may communicate with tax agencies on a taxpayer’s behalf. In the event the taxpayer is the subject of an audit, a tax professional may also help a taxpayer understand his rights, assist the taxpayer with gathering the documentation he needs, and attend audit sessions with the taxpayer as his representative.

Sometimes a person with this title is also licensed to practice as a lawyer. In such a case, he may provide a range of legal help for his clients or employer. He may answer questions that involve tax matters, represent taxpayers in audits and hearings, and provide advice concerning numerous tax matters. A tax lawyer may also provide legal representation and advice to tax agencies.

Some tax professionals offer discounted or free filing advice for seniors or those whose income falls below a certain point.
Some tax professionals offer discounted or free filing advice for seniors or those whose income falls below a certain point.

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