AN ASSESSMENT OF TAX PLANNING STRATEGIES FOR PUBLIC ACCOUNTING CLIENTS
The objectives of this study are to: 1) Evaluate the effectiveness of current tax planning strategies employed by public accountants, 2) Identify the benefits and challenges associated with these strategies, and 3) Propose improvements to optimize tax planning for clients. The research design is a survey, chosen for its ability to gather comprehensive quantitative data from a broad audience. The sample size, determined using Taro Yamane’s formula, is 330, ensuring a 95% confidence level and a 5% margin of error. Lagos is selected as the case study location due to its diverse business environment and the presence of numerous accounting firms. The reliability coefficient score for the survey is 0.87, indicating high reliability. Findings reveal that effective tax planning strategies significantly reduce clients' tax liabilities and enhance financial planning. However, challenges such as complex tax regulations and frequent legislative changes persist. The study recommends that public accountants stay updated with tax laws, invest in advanced tax software, and provide continuous education to clients about tax planning benefits and strategies.
Abstract
In every human environment, students’ health has been the major contributory factor to their academic per...
ABSTRACT: Innovations in Assessing Creativity and Innovation in Vocational Settings explores novel approaches to evaluating and promoting creativit...
Background Of The Study
Different libraries exist for different purposes. These purposes include function, type of users...
ABSTRACT
Sustainable increase in honeybee production and productivities is sine qua non to bridge honey...
EXCERPT FROM THE STUDY
Generally, most organizations through the use of incentives seek out ways to motivate their workf...
ABSTRACT
Secondary school students³ perceptions of examination malpractices and examination ethics...
Background Of the Study
What a world we live in a male framed world where global economics...
ABSTRACT: This study examined the Role of Early Childhood Education in Promoting Cultural Integration. The o...
Background of the study
One of the most striking phenomena of recent times has been the extent t...
Executive Summary
Demand for bottled drinking water has been growing rapidly since the 1990s, increasing nearly 400% in the last decade....