Did You Just Realize Your Tax Consultant has Made a Mathematical Goof? Question Your Hiring Process First!

Glad that you are not one of those who would first take up the taxation work all by themselves and then suffer. But not being careful when choosing the one isn’t good too. So if you see your tax consultant in Thailand making mistakes, do not be amazed. Ask yourself these questions and try to find the answer. If you have done these already, ensure not repeating the same;

1. Did you choose your tax consultant because he is an ex-Thailand Auditor? Just because someone is an ex-Thai auditor that only doesn’t guarantee his expertise always. Even though you have all the faith in him, it is suggested to always check his testimonials and client base. 
2. Did you not consider the bigger picture?  Your company is more than just taxes. Hence, the tax strategy you choose should be a part of the larger business strategy. You must understand that the best solution for a tax problem may not be the ultimate solution for the business as a whole. Your tax consultant or preparer should have enough business knowledge as well.
3. Was your decision based on price alone? Definitely, the price is, important, but that cannot be the only deciding factor, for obvious reasons. Not all service providers that charge high delivers high-quality service and vice versa. Hence, the price should come into consideration when everything else is equal. 
4. Did you choose your tax consultant depending on a single phone call? Well, there are good speakers and there are good service providers. Not all good speakers can be good service providers or vice versa. So deciding one simply based on the phone call might not be a wise thing to do. 
5. Did you choose someone who didn’t guarantee satisfaction? Each tax consulting firm should be completely accountable for their job. In case you aren’t pleased with the service in all the way, you shouldn’t pay for it. So, always ask if they guarantee satisfaction and ensure that guarantee is in writing. 
6. Did you not check the clients’ review? Most service providers, be it a tax consultancy agency or any other will say anything about their former works. Sadly, some of those may not be true. So, your Thai tax consultant must be willing to share references or at least you must be able to read the shared reviews. 

Before the tax time looms, it is vital to keep the tax records updated and ready to avoid submission of a sloppy form. Who would even want to scramble for documentation last minute? While doing your business taxes yourself is not advisable, especially when you do not have any hands-on experience, you must and should seek a professional, provided you do not make these mistakes.