Tax Planning vs Tax Preparation | CPA Explains How to Get Started With Tax Planning & Save Thousands

Tax Planning vs Tax Preparation. Save THOUSANDS with Tax Planning.

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Have you ever wondered if your tax preparer is ACTUALLY saving you anything in taxes?

I can tell you that 9 times out of 10...they are NOT.

And the reason is because they are only PREPARING your taxes, not PLANNING your taxes.

You see, if you want to save on taxes (which is likely your biggest expense), then you have to tax plan.

But how do you even get started?

In this video, I breakdown the difference between tax planning and tax preparation and a tax planning framework you can get started with.

Watch to learn more.

Outline:
Intro: (0:00)
What is tax planning? : (1:02)
What is tax preparation? : (2:42)
Tax planning framework point #1: (4:54)
Tax planning framework point #2: (5:31)
Tax planning framework point #3: (7:10)
Tax planning framework point #4: (8:38)
Tax planning framework point #5: (9:27)

Suggested Video to Watch Next, "How to Create a Tax Plan":

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Disclaimer: The information provided in this video is for informational purposes only and is not meant to take the place of professional legal, accounting, or financial advice. If you have any legal questions about this video or the subjects discussed, or any other legal matter, you should consult with an attorney or tax professional in your jurisdiction (i.e. where you live).

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By: LYFE Accounting
Title: Tax Planning vs Tax Preparation | CPA Explains How to Get Started With Tax Planning & Save Thousands
Sourced From: www.youtube.com/watch?v=STiRelGfzHE


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