What can a consultation with a tax advisor cost?
February 13, 2022 | 60,00 EUR | answered by Ingo Koch
Dear tax advisor,
My name is Karl Kockel and I am in search of professional assistance regarding my tax matters. I am currently facing the question of how much a consultation with a tax advisor should cost.
My background is as follows: I am self-employed and have recently realized that my knowledge in tax matters is not sufficient to comply with all relevant regulations and rules. This has raised concerns that I may make mistakes that could lead to additional payments or other unpleasant consequences.
My current situation is that I have not yet sought professional tax advice and therefore do not know exactly what costs I may incur. I would like to gather information in order to assess whether I can afford consultation with a tax advisor.
My concerns are that I may have to expect high costs for the consultation and that I may not be able to afford regular professional assistance. However, I also want to ensure that my tax matters are handled correctly and efficiently.
Therefore, my question to you is: How much should a consultation with a tax advisor cost and what costs should I expect if I seek your services? Are there any potential ways to reduce costs or to obtain support through government funding programs?
I look forward to your response and thank you in advance for your support.
Sincerely,
Karl Kockel
Dear Mr. Kockel,
Thank you for your inquiry and your interest in professional tax support. As a tax advisor with many years of experience in tax advisory, I can understand your concerns well. It is important that your tax matters are handled correctly and efficiently to avoid unpleasant consequences such as additional payments or errors.
Now to your question regarding the costs of consulting with a tax advisor: The costs for tax advisory can vary depending on the tax advisor and the scope of services. Generally, the costs are based on the Tax Advisor Compensation Regulation (StBVV), which regulates the fees for tax activities. Typically, fees are charged based on an hourly rate, which varies depending on the complexity of the consultation, the time spent, and the qualifications of the tax advisor.
Regarding the specific costs, I can tell you that an initial consultation usually costs between 100 and 300 euros, depending on the duration and scope. For further consultations or the preparation of tax returns, the costs may be higher accordingly. However, it is important to emphasize that investing in professional tax advice can pay off in the long run, as it can help you avoid mistakes and take advantage of tax optimizations.
To reduce costs, you can, for example, gather all relevant documents and information in advance and come well-prepared to the consultation. This can save time and therefore reduce costs. Additionally, there are also opportunities to take advantage of government funding programs that can partially or fully cover the costs of tax advisory. You can inquire about this at your local tax office or Chamber of Commerce.
In conclusion, I would like to emphasize that professional tax advice is an investment in your financial security and efficiency. I am happy to answer any further questions you may have and look forward to supporting you with your tax matters.
Best regards,
Ingo Koch
