A Practice Devoted to Taxation
I was recently told that tax specialists are a “distress purchase”. I am pleased to report that my clients have found this quite amusing.
It is not often that tax planning, estates and trusts, business valuations and financing are seen as a sufficiently sexy side of the law to warrant such attention!
One of the best ways in which I can provide a good service to my clients is to put myself in my client’s position. Tax is an area where clients are most grateful for our efforts as specialists. Clients often don’t really care about whether accountants come up with some ingenious new auditing approach. Save them a few thousand bucks in tax though and you become a superhero overnight!
Being a tax professional has given me the opportunity to fully utilize my skills both as an accountant and as a tax specialist. It has also given me the opportunity to work with some of the best and brightest individuals in the business community. When working with my colleagues, it gives me a feeling of accomplishment and success when we can take an idea from a concept and take it all the way through implementation and defence if audited.
The biggest challenge facing tax professionals today is the pace of change. Developments seem to occur more frequently today not only with tax laws but with business models that are evolving. This means a professional must continue to learn, develop and enhance their tax skills. With constant new proposals and changes appearing in Budgets, separate Bills or even Press releases, constant effort must be made to stay absolutely current.
Today’s truism is that tax planning today is a much more demanding job given the size of dollars involved in terms of income and wealth, our clients are more educated and have greater access to information. As a result they have higher expectations of tax professionals and are more experienced buyers of services. Today’s Tax Experts must hit the ground running and demonstrate technical, knowledge and competence earned thru experience.
We at BGA Tax Strategists are committed to providing state of the art tax advise and expertise to a select group of wealthy individuals, families and organizations whose values mirror many of our own.