Wallace and Associates Inc

Human Resources & Employment Law Specialists

Wallace Associates: Achieving Efficiency in Tax Planning and Preparation

Taxes are said to be inevitable in life. And so is the burden of planning, the fraud if you don’t know what you are doing and preparing tax documents. For a year or several months or even weeks, the tedious job of determining the tax, let alone paying the tax itself, can bring down a business or individual to  desperation were it not for the presence of experts who can provide the necessary advice and service to make the job manageable.


Is there a simple and direct way to accomplish the task? Who are you going to call when the going gets tough?


Well, you can look around for the appropriate solution; however, allowing Wallace Associates review your business and the opportunity to show you its vast experience and capability might just convince you to wonder where you were all this time and not being scammed. Wallace Associates can handle all kinds of complete tax planning and preparation for every kind of personal or business endeavor.


Moreover, they provide accounting and bookkeeping services within your reach.


You can achieve savings in your tax obligations if you plan and prepare way ahead of time. Wallace does this by helping you design a business strategy which will result in savings as well as reduced present and future tax payments. It requires an experienced tax expert to help you see areas where you can actually do this with unexpected results you would have never imagined possible.


The company’s highly-specialized expertise allows it to prepare tax documents for clients by spending ample time in preparation and meticulous scrutiny. The primary goal is to achieve minimal tax liabilities through the firm’s specialized research techniques and programs designed specifically for every kind of client, whether corporations, partnerships, individuals, including estates, trusts or non-profit organizations.


Efficiency simply means doing things well and achieving savings which will amount to increasing profit or savings for all concerned. Wallace Associates can really do this for you!


Wallace and Associates Inc: Why hire a legal consultant for your business?


Great benefits await your business if you hire a legal consultant. Some might say that law doesn't really affect their business and everything will be fine as long as they stay on the right side of rules and regulations. With this, they are confident that they will not face any problems with the law. However, change is constant, and those rules and regulations are not an exception.


As previously stated on their posts, Wallace & Associates finds it crucial to hire a legal consultant for your business. One of the reasons why is because you can be on the wrong side of the law if you are not abreast with its latest developments. Nowadays, there's a huge demand for legal consultants, so it's no surprise that a lot of people coming out of law school are heading into consultancy firms.


Wallace & Associates in Singapore prepared the following to highlight the importance of legal consultants and why you need one for your business today:


More affordable


The cost is cheaper if you're going to hire a legal consultant because you're not going to pay the cost of a full-time lawyer in needing some form of legal representation for your business. You can save money if you're going to use a consultancy firm. You will not face legal issues in your business all the time, and hiring a full-time lawyer is not that necessary. You just need someone to support you in the case of need.


Can offer advice on unexpected situations


Unforeseen situations can happen anytime and one example is when an employee is suffering from bereavement. Looking at the legal aspect of situations like this is essential as a business owner. It is how long and under what terms bereavement leave can be granted in this case. Wallace & Associates needs you to note that you're not under a legal obligation to offer paid leave assuming that the employee will not continue working when his or her loved one has passed away. A legal consultant can offer you an expert advice when it comes to bereavement leave entitlement.


Can help you avoid impending problems


Before a problem becomes any serious, a legal consultant can help you handle them right away or help you avoid them beforehand. Ensuring that you are on the right side of rules and regulations before you make any decisions for your business is the role of a legal consultant. Wallace & Associates hopes that you now understand the rising importance of having a legal consultant for your business. The firm and their good experience in this field proved their clients’ good reviews on them, along with their years of service with no complaints.

Wallace and Associates Inc: What makes a good lawyer?

A good lawyer has many effective and fine qualities, and Wallace & Associates will enumerate them in the following:


Good analytical skills: Knowing huge amount of significant information is needed in both the study and practice of law. A good lawyer must have the ability to extract that information into something convenient and logical. Wallace & Associates knows that more than one reasonable conclusion is possible at times, as well as more possibilities of different patterns in order to resolve a situation; therefore a good lawyer must have the necessary skills to properly evaluate which one of those info is the most appropriate for a certain situation.


Good research skills: The ability to research quickly and effectively is crucial in preparing legal strategies, and a good lawyer should have a complete understanding of his or her clients’ needs first in order to do so. Similarly, a good lawyer should be able to absorb and comprehend large amounts of information before preparing legal strategies. Good research skills can lead those materials into something manageable and useful.


Good people skills: Being amiable, convincing and able to read others are important qualities of a good lawyer because it allows them to assess the juror's reactions and the truthfulness of witnesses. Wallace & Associates in Singapore wants you to remember that an intelligent mind alone is not enough to be a good lawyer because being a personable person also has the same degree of importance with intelligence due to the fact that lawyers stand on behalf of people, and create decisions that could have an impact on those peoples' lives. In order to achieve the desired outcome, a good lawyer must have a good people skill to choose the best approach to take on a given situation.


Good communication skills: A person, especially an aspiring lawyer, can improve his or her communication and speaking skills by participating in various activities like general public speaking or mooting during college. However, a good lawyer must also be orally fluent and must have good written communication skills because they need to produce a variety of legal documents. Wallace & Associates finds it evident that good public speaking skills are essential to argue persuasively in the courtroom before juries and judges. Furthermore, good listening skills are also significant to analyze what clients tell them, or to follow a complex testimony.


Good judgment: It is necessary for a good lawyer to create practical and logical conclusions or assumptions from limited information. Seriously considering those judgments can help you foresee possible areas of weakness in your argument and find ways to strengthen them. A good lawyer should also be able to identify the points of weakness in an opposition’s argument. There will be a lot of important judgment calls to make; thus, decisiveness is also a part of judgment.


Creativity: In addition to being analytical and logical, being creative in solving problems is a plus point for a lawyer. Lawyers are often needed to think differently in order to outsmart their challenger because sometimes the best solution is not always the most obvious.


Persistence: Before you even begin working as a lawyer, it is certain that you'd been through a lot of challenges during your studies. Having a strong commitment is already in you, and you need that when working on a case. You must be consistent and strong-willed in completing the work essential to drive the case into a successful finish.


Good reviews have been abundant in Wallace & Associates for having exceptional services for many years now. Paul Wallace has more than 20 years of extensive experience in law and employment relations and is legally qualified with a Bachelor of Laws Degree and a Bachelor of Arts Degree. He often receives little to no complaints from his clients. Contact him today and witness his excellent service.

Wallace and Associates Inc: Training & Development

Ideally employers should have their own staff who are trained to conduct the company’s investigations and disciplinary meetings. This lessens the reliance on, and costs associated with, engaging external consultants and lawyers.


Wallace & Associates deliver training workshops to up-skill managers. These workshops are tailored to suit organisational requirements.


We provide training and workshops in the following subjects:


  • General employment relations
  • Running an employment investigation and disciplinary process
  • Investigating bullying and harassment complaints
  • Performance management
  • Negotiating & managing union relationships
  • How to undertake business restructuring and change management

Wallace and Associates Inc: Health & Safety


Wallace & Associates. Employment Law & Human ResourcesRecent law changes mean there are more obligations than previously when it comes to health and safety. Employers can be liable for failing to maintain working conditions which offer employees a healthy and safe working environment. There are significant financial penalties for employers that don’t meet their legal obligations.


Employers need to understand what their obligations are, and the steps they need to take, to ensure they meet their legal health and safety obligations.


Wallace & Associates can provide advice and support in the area of health and safety to make sure that employers are knowledgeable with regard to the necessary systems and processes needed in order to comply with their legal obligations.