THE ROLE OF FIDUCIARY ACCOUNTANTS IN TAX PLANNING STRATEGIES
Abstract: Fiduciary accountants play a crucial role in tax planning strategies, helping organizations optimize their tax liabilities while ensuring compliance with regulations. This study aims to (1) analyze the role of fiduciary accountants in developing tax planning strategies, (2) assess the effectiveness of these strategies in minimizing tax liabilities, and (3) identify challenges faced by fiduciary accountants in tax planning. A survey research design was employed to collect data from fiduciary accountants engaged in tax planning. The sample size of 200 participants, determined using Taro Yamane’s formula, ensures a representative dataset with a 95% confidence level and a 5% margin of error. The case study focuses on a leading tax consultancy firm in Lagos, known for its innovative tax planning services. The reliability coefficient score for the survey was 0.88, indicating high reliability. Findings reveal that fiduciary accountants significantly contribute to effective tax planning, but they face challenges such as complex tax laws and frequent regulatory changes. The study recommends that organizations support fiduciary accountants with advanced tax planning software and continuous professional development to navigate the evolving tax landscape.
Abstract
The study was on impact of advertising on consumer buying habit. Advertising refers to any for...
ABSTRACT
This study explores how unemployed graduates cope through various strategies. Unemploymen...
ABSTRACT
Modern form of Co-operative leaves their origin in the tension and opportunities created by industrialization...
ABSTRACT
This project work is on political corruption and symbolism. This project work brings out the corrupt practices by politicians an...
ABSTRACT
This study was aimed at investigating the microbial load and the quality of indoor air Faith M...
EXCERPT FROM THE STUDY
The local government global schedule analyses that most local governments of developing countries have no or under...
ABSTRACT
Employment growth is an important macroeconomic objective of government as decline in employment signifies waste of resources an...
EXCERPT OF THE STUDY
A comparison between Coca Cola Company and its greatest rival PepsiCo reveals interesting facts abo...
BACKGROUND OF THE STUDY
Yams (Dioscorea species of the family Dioscoreaceae) are a significant crop for...
EXCERPT FROM THE STUDY
Social Media is defined as the application that allows users to chat and interact with each other...