Tax Planning vs Prepping
Posted on
September 21, 2022
Taxes tend to be synonymous with discomfort. Whether we are worried about paying too much, too little, or filing the right forms; tax season brings with it a bevy of headaches. The U.S tax code is increasing in complexity and the constant “legislative updates” and “tax code simplifications” always seem to do more harm than good. With these concerns, clients often struggle to navigate the tax code and as a result reach out to friends, mentors, and professionals for tax advice. Most often, this culminates in either tax preparation services or tax planning. While the two may sound similar, they differ...