You can easily find a lot of tax audit insurance firms around Australia. With their number, you can be confused when it comes to the point when you need to hire an accountant insurance for your business firm or for your personal need. Tax audits are conducted by the Australian Taxation Office (ATO)and you can never be sure when you are going to be selected for an audit. This is the reason why it is best to hire an insurance company to represent you and cover the fees during tax inquiry. Here are some of the things that you should check when choosing an audit insurance company:
Trusted by more clients
If a tax audit insurance company has several clients, it can only mean that they are trusted in the industry and this is a positive indication. Ask your friends in the business or partners in the industry for recommendations. It would also be best if you would prefer an audit insurance company with more branches and operates in other areas, even those outside of Australia such as in Canada and New Zealand.
Number of years in the business
Hire an accountant insurancecompany that has been in the business for a considerable number of years. There are a lot of insurance companies in Australia but opt for one that has been showing accounting insurance expertise for over 10 years. More years of business experience guarantee a better quality of service and professionalism.
Positive testimonials from clients
Lastly, choose to hire a tax audit insurance company that is not only hired by more clients and business firms, it should also have positive feedback from its clients. Visit the website of the tax accountant insurance company and read client testimonials. Find out what clients have to say about the quality of service they received from the insurance company. You can also check from third party review sites for more information or you can also participate in discussion boards and forums to ensure that you will not be wasting your time and money with the insurance company. conduct a good research to find the right service provider.