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

A tax preparer and a tax advisor are two different types of professionals when it comes to dealing with taxes. A tax preparer is a professional who specializes in preparing and filing tax returns. A tax preparer typically comes with tax software, helps you gather financial documents, and can provide advice on any deductions you may be eligible for. While tax preparers are qualified to help with filing taxes and offering suggestions, they are not considered tax advisors. A tax advisor is a professional who has a more comprehensive knowledge of tax law. In Virginia, a tax advisor can provide advice and guidance regarding complex tax situations, financial planning, and estate planning services. They can help businesses navigate the complex web of state and federal tax laws and provide advice on tax savings opportunities. In general, a tax preparer will help you collect your documents, enter information into the software, and file your taxes. They will not provide advice on planning or long-term financial goals. A tax advisor, on the other hand, is an expert in tax law who can provide comprehensive advice and services related to taxes. They can look at your specific tax situation and provide advice and guidance on ways to reduce your tax burden.

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

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