1 / 7

Tax Planning Services or Tax Preparation Services: Which do I need?

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. For more details log on http://www.etservicesva.com/<br>

AlexaGabriel
Download Presentation

Tax Planning Services or Tax Preparation Services: Which do I need?

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Tax Planning Services or Tax Preparation Services: Which do I need? Source: www.etservicesva.com

  2. 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. Source: www.etservicesva.com

  3. 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. Source: www.etservicesva.com

  4. 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. Source: www.etservicesva.com

  5. What are the benefits of tax preparation? • Save more money tax professionals are familiar with tax laws and compliance. Tax professionals know how to maximize deductions and tax credit so that you can keep more money in the pocket. • Save time. It takes a long time to complete your tax return on your own. You could save up to 20 hours by hiring a tax professional • Fewer errors. Tax returns that are incorrect can have devastating consequences. You are at risk of audit and penalties if you make errors. Source: www.etservicesva.com

  6. Tax Planning vs. Tax Preparation Tax preparation and tax planning may sound the same, but they are very different. Tax preparation businesses do not have the expertise needed for tax planning. Reach out to Essential Business Services at (703) 754-2601. With us, you can capitalize on the Tax Planning Services or Tax Preparation Services in Virginia, TX. Source: www.etservicesva.com

  7. Essential Tax Services 13168 Piedmont Vista Drive Haymarket, Virginia, 20169 PH: (703) 754-2601

More Related