Tax season is upon us, and that means deciding whether to get tax help from a professional, and how much help you need. It’s a relief to know that help is out there for people of limited means. Perhaps you’re the sort of person who lives by the adage, “You get what you pay for,” however. In that case, you’ve decided to seek out a professional. No one wants tax season to be a time of missed opportunities. Missed opportunities in tax strategy is money wasted.
As you may know, a tax reform law was passed, introducing changes to deductions and exemptions. As the earlier Public News Service piece noted, people may tend to assume that deductions claimed in the past will still be there. That’s a bad assumption. It’s one of the reasons you’ve sought out a tax professional: so that surprises don’t take an unexpected bite out of your financial well-being. It was also noted previously that home tax preparation software may miss things. A computer is only as good as the program it uses. Personalized expertise from a seasoned Tennessee tax attorney will avoid many pitfalls.
Perhaps a major shift in tax strategy is in order, because of the changes. You might want to increase certain kinds of charitable giving to lessen your tax burden. Perhaps planning for retirement is intersecting with tax preparation needs and questions. You might think you need two professionals to handle that, but you don’t. Burkhalter & Burkhalter can act as both your tax attorney and CPA.
Time is money, so don’t wait to get your tax situation in order. Call Burkhalter & Burkhalter today. Tax season need not be time for trepidation. Seek out an ally in tax planning and financial well-being.