While many people have already completed their taxes for the year, it’s never too early to start preparing for the next year. At QualiTax, our licensed Annapolis CPAs have the experience and the skills to help you get the most out of your tax refund. As your Top Rated Local® provider for tax services in the Arnold and Annapolis areas, our mission is not just to save you money on your taxes, but to provide you with the personalized service that you deserve. If you would like to learn more about our tax preparation services, contact QualiTax today!

You may have heard the terms “tax advisor” and “tax preparer” thrown around this time of year. However, you may not understand the difference. In today’s post, we will give you a breakdown of what it means when you use a tax preparer versus a tax advisor. Continue reading below, and be sure to enlist the helpful services of QualiTax for all your tax needs!

Tax Advisor vs. Tax Preparer

Tax advisors and tax preparers will both help you prepare your tax returns, but tax advisors will help you out in many other ways. For example, if you’re just looking for someone to help you with your taxes as quickly as possible, then you will most likely seek out a tax preparer. A tax preparer typically only takes a few days to complete your taxes, and they will give you very limited advice on how to save on your taxes in the future.

A tax advisor, on the other hand, is someone who you will work with year-round to save the most money on your taxes. They will take the time to sit down with you and go over your taxes and give you advice on how to save both at the time, and in the future. Tax advisors are available to meet with you all year, as opposed to tax preparers who are typically only available at the start of the new year to the end of tax season.

Tax Planning vs. Strategic Tax Planning

In addition to the differences between a tax advisor and a tax planner, you may find yourself wondering about the difference between tax planning and strategic tax planning.

Tax planning is a general term that is used by both tax advisors and tax preparers. On the other hand, strategic tax planning is a term that goes hand in hand with tax advisors. Much like tax advisors provide you with advice on how to save on your taxes all year round, strategic tax planning involves coming up with solutions in order to save you the most on your taxes by making strategic financial choices throughout the year.

In most cases, strategic tax planning is referring to business owners. Strategic tax planning offers business owners the chance to save as much as possible on their taxes through thorough, proactive, and compliant tax strategies. The benefit of strategic tax planning for small businesses is that tax advisors will work with you all year to help you save as much money as possible on your taxes.

QualiTax

If you are looking for a tax advisor who will give you personalized attention in order to help you file your taxes efficiently, then you are looking for the tax advisors at QualiTax! Our experts will provide you with tax strategies that will help you save money on your taxes and provide you with the best tax refund possible. Not only do we offer individual tax services, but we also offer small business tax services as well. No matter if it is August, September, or January, it is never too early to start planning for your taxes, and QualiTax is here to help. Contact us today to learn more about our strategic tax planning services and more. We look forward to working with you soon!