问答题 Tax account plays a key role in business. Please elaborate on this topic.
Answer, in English, in about 200 words. There is no right or wrong answer.
【正确答案】
【答案解析】Suggested answer:
Tax accountant plays a key role in business
Tax has different meanings to different organizations. To the government, it is a source of revenue but to businesses, regardless of their size, tax is treated just like any other business expense.
Tax accountant plays a key role in the successful operation of any type of business.
Tax accountant deals with complex issues such as compliance, regulations and determine what constitutes legitimate tax exemptions, deductions and expenses. The services of a tax accountant can be invaluable for running a small business.
Tax accountant also advises on how a business could be structured to minimize tax exposure—for example, where the business was located and how a business operated, including the sourcing of materials and the location of manufacturing facilities.
The role of a tax accountant is more than simply dealing with numbers. They must be able to construct a financial picture and clearly communicate information to managers and heads of department.
Many important business decisions rely on information compiled by tax accountants and their team. To make sure this is carried out effectively and efficiently, accountants must be able to communicate clearly with all levels of management.