It’s another year around, and now is the time for you to file your taxes. Not all tax professionals are the same. Choosing the right tax advisors is a challenge simply because there are so many tax consultants in this part of the world, but whether you are a business owner, a professional or a self employed person, the proper tax advice is essential if you want to lower your taxes without getting into trouble with the tax authorities. Picking a tax consultant is much like picking a mate because a good tax consultant is a long term partner. So, just as you would not pick your mate from the telephone directory or the Yellow Pages, so also, you should not pick an advisor from the telephone directory or the Yellow Pages.

The right tax advisor is a person who understands the nitty-gritty of Taxation thoroughly and has the ability to communicate tax implications to you in a lucid yet simple manner. Understand that the tax advisor is not only responsible for filing your annual tax returns. They must also provide you with a number of services like tax planning, tax representation, transfer pricing, fringe benefit tax advisory services, representation before income tax authorities, VAT audit and so on. They must also provide you with ongoing financial planning and help you set your tax goals. The best way to find the right tax advisor is to ask your business associates. People you know and those who are in the same business know enough about your unique needs. Also, if they have dealt with an expert who understands Indian taxation well, they will only be too happy to pass on the information to you. Alternatively, you can also use the Internet to search for tax advisors in the area of your choice.

After you collect the names of a few eminent advisors, it is time to find out more about them. These days, savvy tax advisors have their own websites. By going through their website, you should be able to learn more about their expertise, services and so on. Just as important as the answers you receive are the rapport you build with the India taxation expert.