Why do I need a tax advisor?

January 19, 2019

Why do I need a tax advisor?

Mit dem Jahresabschluss wird die Buchführung eines jeden Geschäftsjahres abgeschlossen. Der Jahresabschluss hat große Relevanz, unter anderem, weil er die gesamtwirtschaftliche Situation eines Unternehmens repräsentiert. Ein Jahresabschluss kann jedoch auch nichtig sein. Wir von der Steuerkanzlei Martin Bleckmann in Köln erklären Ihnen, ab wann das der Fall ist und welche rechtlichen Folgen ein nichtiger Jahresabschluss mit sich bringt.

  • What does a tax advisor do?
  • The disadvantages of computer programs
  • Your benefits with a tax advisor

What does a tax advisor do?


A tax advisor is Expert in tax law and can advise you on your questions and your individual situation at any time. Tax advisors also take on the Correspondence with the tax office and all necessary tax returns.

Some law firms, including us from Martin Bleckmann Tax Office in Cologne, are also involved in preparing business plans, carrying out auditing or auditing annual financial statements and are therefore holistic contacts on tax and economic issues.

As a private person, however, you primarily hire a tax advisor to prepare the annual income tax return. He/she prepares them punctually and assumes liability for the information provided.

Through the many years of experience Do tax advisors know which expenses are tax-deductible and can therefore provide you with tax breaks or even repayments. The costs of this service are regulated by the Tax Consultant Fees Code (StBVV) and must be paid after the tax return has been submitted.

The disadvantages of computer programs


On the other hand, due to advancing digitalization, more and more special IT programs are being offered, which are intended to replace going to a tax advisor. It advertises mainly with low purchase costs. However, what is not mentioned or is only mentioned in passing are, for example, constant paid updates.

Another important point of criticism is that users tax law knowledge In order to be able to operate an appropriate program correctly — and, of course, the technical requirements. As a result, you face the following challenges:

  • Recurring program updates
  • You are responsible for (unconscious) errors
  • Lack of creativity regarding potential tax savings
  • Basic knowledge of tax law is a prerequisite

Your benefits with a tax advisor


In a direct comparison, a competent tax advisor Even the most modern and high-priced IT software in the shadows. Although the investment is higher at first, tax advisors have, in contrast to a computer program, far-reaching experience in matter.

Thanks to this long-standing expertise, consultants are able to identify tax benefits right away and calculate them accordingly. Even the cost item, which represents the only “negative” characteristic of tax advisors, is omitted, as most of these costs can also be offset for tax purposes. These are your benefits with a tax advisor:

  • No own tax law knowledge required
  • Contact person for questions
  • Outsourcing liability
  • Taking over communication with the tax office
  • Knows tricks and tricks about

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