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A tax consultant is a professional whose business is in offering consultation services to individual and corporate clients on tax matters; these people offer services to enable their clients to develop optimal tax strategies to comply with taxation laws and provisions, as well as minimize tax liabilities. Tax consultants also assist in tax planning, filing tax returns, and advising or defining the complexities of tax regulations. Tax consultants may also represent clients on behalf of their consultants, assuring clients in events of audit, grievance, or legal issues involving the federal, state, or local tax authorities. In conducting their duties, they enable better management of financial affairs and maximize deductions, credits, and tax savings while avoiding mistakes that might cost very dearly.
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A tax consultant is a specialist in tax law or regulation, planning, and compliance and is expected to help an individual or a business minimize taxes and avoid possible adversity from violating the law.
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