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How to Choose the Best Tax Consulting Firm The need for tax consulting: As a wag once famously said, "The only things certain in life are death and taxes." Though this remark was aimed at individual men and women, it applies equally well to all business enterprises, big or small, who have an obligation to file their tax returns year after year with the IRS. In the early stages of life, as a young man or woman, you might have considered this annual ritual of filing a 1040 EZ return as little more than a nuisance. But, with the changes in your marital status, children, and natural growth in your business, assets and income levels, this mandatory preparation and filing of tax returns becomes more complex and calls for more tax consulting expertise. It is at this stage that you will feel the need for outside help and start searching for a qualified and experienced consulting firm.Tax laws keep changing very frequently and it is virtually impossible for an ordinary person to keep pace with these changes. Preparing and filing your tax returns by yourself is fraught with many hidden dangers as you can never be fully conversant and up to date with all the relevant rules and...more
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