Consultants for GST Filings near Me

 

If you are a businessman and need a company to do the GST filing for your firm, it is recommended that you approach a company which offers such services. The consultant can help you understand the requirements of the tax department and how to meet them. They will also make sure that the process is documented properly so that there are no issues later on when it comes to a tax audit.

We are a team of consultants for GST Filings near Me. We help people to make sense of the complicated and often idiosyncratic aspects of the tax law that may be causing them problems.

This is a very important step because it prevents a large generation skipping transfer tax liability in future years when the trust passes to grandchildren. It can be especially useful if the trust is a multi-beneficiary one that has assets other than marketable securities and/or a family business.

A simple example: if you have an irrevocable trust that has 20% of your XYZ, LLC interests in it. You might want that trust to be fully GSTexempt, meaning it will never be subject to gift, estate or GST taxes ever.

You might think this would be easy to accomplish. However, if you have several trusts and multiple transfers to them, it can be tricky to do the right thing and make sure that every transfer is allocated in a way that makes sense for both the IRS and the taxing authority in India. It's best to work with an experienced and competent tax adviser who can help you make the right decisions to get the most benefit from your gift or bequest.