Tax-Audit Consulting

A tax consultant is a tax professional who helps clients minimize their tax obligations and increase their savings. A tax consultant is often more experienced than a tax preparer and can provide enhanced expertise to meet clients' needs.

They may also specialize in providing tax consulting services for a specific type of client, such as a personal tax consultant or a business tax consultant. Tax consultants may own their own business or work for a professional service firm, such as a specialty tax consulting firm. They also find employment in government agencies, corporate tax offices and nonprofits.

Common responsibilities for a tax consultant when working with clients include:
- Meeting with clients and discussing their financial details and taxable income
- Identifying potential deductions a client may be entitled to
- Preparing clients' tax returns and offering the lowest obligation possible for the client
- Assisting with complex tax considerations, such as rental properties and capital gains
- Minimizing tax liability in retirement or planning ahead for events
- Advising on major life events and their tax implications, such as inheritance, marriage or divorce and the birth of children