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Tax Planning vs. Tax Preparation

Tax Planning provides a proactive approach. Tax Preparation is a reactive approach. Tax Planning provides a way of affecting the numbers before the year ends so you can make an impact on your tax savings. When it comes to tax preparation, your CPA is limited and can only do so much to help you after the year ends. 

At Fishing Deductions we want our clients to get ahead of their taxes. One of the only ways we found that works is to have meetings in May through December. These meetings open the door to ideas to help you and/or your business strategically put more money in your pocket. When it comes to tax time and filing your taxes, you could save thousands of dollars which is why our service is valuable to you as it puts money back in your pocket. 

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