How can I evaluate the quality of tax consulting services in relation to the costs?
June 22, 2023 | 60,00 EUR | answered by Siegfried Eckstein
Dear tax advisor,
my name is Eva Nitsche and I am looking for support in evaluating the quality of tax advisory services in relation to the costs. Currently, I feel that I may be paying too much for the services of my tax advisor without really knowing if the quality of the services is appropriate.
My current situation is as follows: I work as a freelancer and have hired a tax advisor to handle my tax returns and accounting. Lately, I have the feeling that the costs for the services of my tax advisor are relatively high compared to other tax advisors in the area. I am unsure if the quality of my tax advisor's services justifies the price and if there may be alternatives that offer high-quality services at a more reasonable price.
My concerns are that I cannot really assess if the services of my tax advisor are worth the price and if there may be potential for savings without compromising on quality. I would like to know how I can better evaluate the quality of tax advisory services in relation to the costs and if there are specific criteria I can use to assess the services of my tax advisor.
Could you possibly provide me with tips on how to evaluate the quality of tax advisory services in relation to the costs and if there are recommendations on how I can possibly save costs without compromising on high-quality services?
Thank you in advance for your support.
Kind regards,
Eva Nitsche
Dear Mrs. Nitsche,
thank you for your inquiry and your trust in my expertise as a tax advisor. It is understandable that you are concerned about the quality of services provided by your tax advisor in relation to the costs. It is important that you feel you are paying fairly and reasonably for the services provided.
To better assess the quality of tax advisory services in relation to costs, there are some criteria you can consider. Firstly, you should check whether your tax advisor is providing all necessary services relevant to your tax matters. This includes preparing tax returns, bookkeeping, as well as advising on tax issues. Also, check whether your tax advisor responds to your inquiries regularly and promptly and provides competent assistance.
Another criterion is the experience and qualification of your tax advisor. An experienced and well-trained tax advisor may be able to help you more efficiently and with higher quality than a less experienced colleague. Therefore, check whether your tax advisor has appropriate certifications and further education.
To save costs without compromising on quality, you may also consider alternatives. This could mean obtaining quotes from other tax advisors and comparing them. Often, tax advisors offer different pricing models tailored to your individual needs. Do not hesitate to ask for a transparent overview of costs and possibly negotiate prices.
It may also be helpful to regularly review and optimize your tax matters. There may be opportunities to claim certain expenses for tax purposes or identify potential savings. Regular tax advice can help make your taxes more efficient.
In summary, it is important to critically question the quality of tax advisory services in relation to costs and, if necessary, consider alternatives. Do not hesitate to openly address your concerns with your tax advisor. Open communication can help find a satisfactory solution for both parties.
I hope these tips will be helpful to you and I am available for any further questions.
Sincerely,
Siegfried Eckstein
