How can the accountant help reduce the company’s tax burden?


In this delicate moment that we are going through, many entrepreneurs are retreating and looking for different alternatives to deal with the government’s fiscal hunger and the tax burden – always increasing. A good accountant is able to minimize the impact of taxes on the operation and expenses of the company, and that is the subject of the following post.

The importance of the accountant

When the accountant analyzes the accounting of a company, he has an overview of the activity and what services the company uses. From there, he makes some calculations about the tax regime that best fits the institution’s activities. Knowing about the tax regime, the accountant has a series of knowledge to make the company have some reduction in the tax rate, if the branch that the company is in has. Each tax regime has a different calculation and rate for each tax. Thus, the accountant compares the 2 types, when it is a medium and large company, and chooses the one with the lowest tax amount. Thus, the accountant may be the key that was for your company to go through the crisis, helping in the performance of the business through corporate and tax information.

The accountant in managing the tax burden

The professional can help calculate the risks by using Income tax calculator and can contribute to drawing up plans for the company, helping to create strategies and presenting solutions aimed at cutting costs and necessary expenses. The accountant, when obtaining the company information, can point out what they are:

  • The weakest and strongest points of the enterprise;
  • The existing legal means to reduce the tax burden, opting for the most appropriate tax regime according to the company’s profile;
  • The areas that need cutting and those that need more investment.

In addition to helping to save money, the accountant can directly assist in the development of your company.

The role of the accountant during the financial crisis

The presence of an accountant and an efficient accounting organization is especially suitable for small and medium-sized enterprises, which are generally managed by people who may not have professional experience in the field. As they do not have the consolidated knowledge in tax legislation, they cannot exactly choose which path to take.

Tax Management is one of the main parts for the success of small and medium entrepreneurs, and in order to reduce expenses with tax burden, it is essential to have a trained professional, with extensive experience in tax jurisdiction. After all, the accountant is able to manage and assist your business in moments of decision making. In a time of economic crisis, knowing how to deal with fiscal issues can be the key to getting out of the crisis without much – or even any – significant consequence on business stability.

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