Role of Accountants on Cashless Policy and Tax Management

Yakub02

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-Understanding of the new digital landscape and technology advancement- It is imperative for Accountants to navigate new digital landscape with a view to boost new digital technological advancement in the area of accountancy for good business decision making.
-Advising clients on cashless payment options and the regulatory environment- Accountants are expected tp advise clients on the cashless payment.
-Helping businesses implement cashless payment systems and processes-
-Assisting clients in navigating tax obligations and compliance requirements-
He should navigate tax obligations and calculate tax liabilities at any due period,
-Providing tax planning and management services to optimize tax liabilities- Tax planning is a very important aspect for management services and tax optimization
-Keeping abreast of changes in tax laws and regulations-Accountant should give timely advise on keeping abreast of information on tax laws and regulations.
-Representing clients in tax disputes and negotiations with tax authorities- He is in the position to be representing clients on tax disputes and unnecessary penalties
-Offering training and development to clients on best practices for tax management- He should offer training and re training to client and client staff at interval about tax and cashless policies.

-Providing insights and thought leadership on the impact of cashless policy and tax management on the economy - He should provide -Providing insights and thought leadership on the impact of cashless policy and tax management on the economy
 
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