Every person’s situation is different because of their stage of life, family dynamics, income size, age, etc. Because of this, the way to pay less taxes and prevent tax problems differs as well. It is important to use a tax preparer that can advise for both tax reduction and tax problem prevention. Not every tax preparer can help with this. The less skilled tax preparer may charge slightly less for their tax preparation fee, but ultimately cost you much more in missed opportunities for both tax reduction and tax problem prevention.

It is also important to prepare your tax returns early even if you decide not to file the tax return until later in the year because some tax reduction and problem prevention strategies can only be implemented early in the year.