Can I pay the costs for tax advice in installments?
October 10, 2022 | 60,00 EUR | answered by Petra Lehmann
Dear tax advisor,
I am Karl Rademacher and I am currently facing the decision of whether I can pay for tax advice in installments. I am a self-employed entrepreneur and have had to overcome some financial challenges in the past few months, which have affected my liquidity. However, it is important to me to submit my tax return professionally and correctly in order to avoid possible errors or additional payments.
Currently, I am faced with the costs of tax advice that I cannot afford to pay all at once. Therefore, I am considering whether it is possible to pay the costs in installments to minimize my financial burden. I am worried that I may fall into arrears if I am unable to pay the bill in full, and that legal consequences could potentially arise.
My question to you is: Is it possible to pay for your tax advice in installments? If so, what could a possible installment payment agreement look like and what conditions would need to be met? Are there any other financing options or alternatives available to me to cover the costs of your services?
I would greatly appreciate your support and advice on this matter, as expert and professional tax advice is very important to me. Thank you in advance for your help and feedback.
Sincerely,
Karl Rademacher
Dear Mr. Rademacher,
Thank you for your inquiry regarding the possibility of paying for my tax consulting services in installments. I understand your financial situation and your concerns about possible legal consequences if you are unable to pay the bill in full. It is important to me to assist you in this matter and offer you a solution that is manageable for you.
In general, it is possible to pay for tax consulting services in installments. A payment plan can be individually agreed upon between you and me as your tax consultant. Typically, such an agreement would specify the monthly installments, the duration of the payment plan, and whether there are any interest or other fees involved.
To arrange a payment plan, it would be best for you to contact me personally so that we can discuss the details together. It is important that you are open and transparent with me about your financial situation so that we can find a solution that is acceptable to both parties. Please understand that as a tax consultant, I also rely on my income and therefore need to establish certain conditions for a payment plan.
If a payment plan is not feasible for you, there may be other financing options or alternatives to cover the costs of my services. You may consider taking out a loan to pay the bill, or you could try to deduct the costs from your taxes if they are relevant to your professional activity. I am here to provide guidance and support in finding a suitable solution in these cases as well.
I hope that this information is helpful to you. Please do not hesitate to contact me to discuss your individual situation and find a solution together. I am at your disposal and look forward to assisting you with your tax matters.
Sincerely,
Petra Lehmann, Tax Consultant
