Tax planning and tax preparation are not the same although the two are two sides of the same coin. Consider that tax planning is what is going to help keep that coin (and more of it's little brothers and sisters) in your pocket.
Another misconception is that tax planning is done when you are doing your taxes... Wrong again! The time period to file your taxes is so short, it would be both unfair and impossible for both you and your tax preparer to do both at the same time. Also consider that when you are doing your income tax return for last year, it is several months after the end of the year. Tax planning is planning for the future to implement strategies and processes to save on paying more on your taxes than you have to.
To find out more about what tax planning is click the link to the side:
Download our free consumer guide to tax planning then contact us for a free consultation.