Tax Advice From JS Morlu

Tax advice is specific guidance to help reduce your tax liability. A good tax advisor, like JS Morlu, knows the law and keeps up with changes to ensure they’re helping their clients navigate the complex US tax code to maximize deductions and credits.

The difference between a tax accountant and a tax advisor is that an accountant is essentially a paid filer who does the basics of preparing taxes and filing returns. A tax advisor has a deeper understanding of the tax code and can offer more advanced tax saving strategies, such as deferrals, loss harvesting, entity structuring, and leveraging international tax treaties to minimize US taxes.

There are many different types of tax advisors, including CPAs, tax attorneys, and enrolled agents. These professionals have all received advanced training in the nuances of tax accounting and law. They are experts at finding and using all available tax deductions and credits for their clients, while keeping up with the latest tax laws to keep them compliant.

The US tax code is over 70,000 pages and changes on a regular basis. Navigating the tax code without professional guidance is risky, especially since back taxes can be collected if not filed properly. In fact, the IRS may garnish your wages or levy your bank accounts if you’re behind in your payments. To avoid any pitfalls, work with a tax advisor, like JS Morlu, to make sure your returns are completed correctly the first time.   Steuerberatung