What is the difference between a tax preparer and a tax advisor?

The main difference between a tax preparer and a tax advisor is their role in the tax process. A tax preparer is someone who helps you complete and submit your tax return. They often specialize in preparing individual or business tax returns. This includes collecting the necessary documents, ensuring accuracy, and filing the return on time. A tax advisor, on the other hand, provides tax advice to individuals, businesses, and organizations. A tax advisor can help clients with long-term strategies to help lower their tax burden, such as strategies for business deductions, retirement savings, tax-deferred investments, and estate planning. They also provide advice on how to avoid potential problems with the IRS and state and local tax authorities in California. In conclusion, a tax preparer focuses on collecting and filing tax returns. A tax advisor, on the other hand, focuses on providing tax advice and helping clients develop long-term tax strategies.

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