Tax Preparation and Tax Planning are two different services. Combining both services can help you to maximize your income, investment, and bottom-line, after paying taxes, for your business and personal. What is Tax Planning? Tax planning is different from tax preparation. It involves creating strategies that minimize your tax liability. Implementing strategies to minimize your tax burden should be a continuous process throughout the year, and not just before tax deadlines. What are the benefits of tax planning? • Tax liability reduction. Working with a tax advisor is primarily about reducing your income tax liability as well as investment gains and wealth taxes. • Ensuring estate planning flexibility. It's not enough to leave money to your heirs. • Understanding your investment returns What is Tax Preparation? Tax preparation is usually a single-time task. Your CPA will prepare and file your tax return by the deadline. What are the benefits of tax preparation? • Save mor