Below we will detail exactly the functions of a Best Tax Advisor in Claremont California and, on the other hand, of The Best Accounting in Claremont California. So that you know exactly what tasks one and the other carry out, beyond the fact that, as we have mentioned previously, a consultancy today fulfills the role of tax advisor -accounting and performs both tasks.

What are the functions of the tax advisor?

Failure to comply with the tax obligations of your business carries legal consequences. That is why a good Business Tax Advisor in Claremont California is much more than a tax manager who serves as a link between your company and the Treasury. It is not only an aid for the tax management of your business but also an essential figure for your peace of mind.

The main tasks of a tax manager are:

- Know all the news and modifications of laws to ensure that the company complies with the relevant legal obligations.
- Study of the company's accounting and its accounting results to study the opportunity factor in the current Law, with the aim that the company has the least possible tax impact, always within compliance with legal regulations.
- Study, advice, and tax planning.
- Study and advice on the creation of new companies and corporate structures.
- Preparation of census returns and Tax on Economic Activities.
- Declaration and presentation of corporate taxes.
- Management of installment payments and withholdings.

What are the functions of accounting advice?

Everything that has to do with the accounting and financial balances of your business falls under the umbrella of accounting advice. Its maximum purpose is that the accounts match and are correct.

In short, the main functions of accounting advice are the following:

- The Best Accounting in Claremont California advice to the employer or self-employed based on the financial balance of the company. His knowledge of accounting and legality should help the entrepreneur to make correct decisions for the benefit of his business.
- Management and classification of accounting documents, such as invoices issued and received, the computation of expenses, the mandatory accounting books for the company, or the accounting ledger.
- Preparation of the accounting entries, which are the annotations and amendments in the account books, and which reflect the economic movements in the accounts of the same.
- Compliance with current accounting regulations.
- Preparation of the minutes of the General Meetings of the partners of the company.

If you have any unanswered questions, please let us know.

Claudia Topete, CPA
237 W 4th Street
Claremont, CA 91711
[email protected]
Phone: (909) 741-7897
https://www.topetecpa.com/