A financial advisor or tax consultant is a person with advanced training and knowledge of tax law who provides financial services to clients based on their financial situation.The services of a financial advisor or tax consultant are usually retained in order to minimize taxation while remaining compliant with the law in complicated financial situations.
What Is a financial advisor/ tax consultant?
Financial advisors/ taxconsultantsare those who help their clients save money by making wise financial decisions about tax-related issues. They interview clients to gather information about their financial situations and devise strategies to help them reduce their tax liability by taking advantage of tax credits and deductions. They ensure their clients fulfill their tax obligations and follow the law.
What do a financial advisor/ tax consultant do?
They know all about state and federal regulations that businesses and individuals must abide by when they file their taxes. When you hire a consultant, he or she will give you advice over the phone or in-person about your filing options. Here are some other aspects covered by them:
- Collecting, organizing and preparing tax documents and returns.
- Evaluating a client’s financial and legal circumstances to determine tax liabilities.
- Assisting clients with tax issues during and after a significant life transition, such as a marriage, +++divorce, death of a spouse or birth of a child
- Completing complex tax forms and schedules that most tax preparers are unfamiliar with.
- Representing a client in dealings with tax collection agencies
What skills do need to become a better financial advisor/ tax consultant?
- Expertise and knowledge in accounting and finance.
- Communication and interactive skills that make them understand the clients’ accounting and taxation needs.
- Decision-making and analytical skills that allow them to shape the finances and investments of the clients in such a way that they have to pay the minimum tax.
- Capability to work on professional and ethical grounds so that no false practices are included in their tax advice.
- Last but not the least – experience. Experience in a similar field may surely matter as it will be an additional benefit for the financial advisor/tax consultant.
Here is a list of top 10 best financial advisor/tax consultant:
| Serial No. | Name | Address | Phone No. |
| 1 | V R Singh & Associates LLP (CA near me) (Income Tax Consultant & GST Consultant) | F-224, B Wing, Express Zone, Opp. Oberoi Mall, Western Express Hwy, Malad-E, Mumbai, Maharashtra 400097 | 72086 66704 |
| 2 | Research & Ranking | Marathon Futurex, A-603 6th Floor, Mafatlal Mills Compound, NM Joshi Marg, Lower Parel East, Mumbai, Maharashtra 400013 | 022 6101 3818 |
| 3 | Book My Consultant | A-1001, Adinath Avenue, Narsing Ln, Malad West, Mumbai, Maharashtra 400064 | 83023 19442 |
| 4 | Smart Investment Advisor | 18th Rd, Khar, Khar West, Mumbai, Maharashtra 400052 | 90299 97319 |
| 5 | Income Tax Return filing, Mumbai | Manish Darshan, Bamanpuri, Kanti Nagar, J B Nagar, Andheri East, Mumbai, Maharashtra 400059 | 93245 49621 |
| 6 | AAA Finserve – A Finance Company Mumbai | OFFICE NO 7 AND 7 A HARI OM PLAZA OFF MG ROAD NEAR, Western Express Hwy, Borivali East, Mumbai, 400066 | 81080 59786 |
| 7 | CA Mitesh and Associates Chartered Accountants Mumbai | 1001 Charkop, Mahavir Nagar, Kandivali West, near Kandivali, Railway Station, Mumbai, Maharashtra 400067 | 97697 60917 |
| 8 | Arvind Wealth Management | Marol Gaondevi Talao, Marol Maroshi Rd, near Green Park CHS, Andheri East, Mumbai, Maharashtra 400059 | 80822 30082 |
| 9 | N.K.Sukhadia & Co. – Chartered Accountants (CA) | Office no 27/28, 1st floor, Hi Life Premises, Phirozshah Mehta Rd, near Santacruz station, Santacruz West, Mumbai, Maharashtra 400054 | 99309 73610 |
| 10 | S9 FINANCIAL PLANNERS | City Of Joy, 825, Ecstasy Business Park, JSD, Ashok Nagar, Mulund West, Mumbai, Maharashtra 400080 | 81696 91811 |
Professnow is a platform, where we have gathered informations on the services you can need every now and then. Here we provide a very brief listing of the experts in your desired service. This start-up of 2021 is all about providing you the best of the bestest at your doorstep.