When navigating the complex world of taxes, it’s easy to get overwhelmed by the range of services available. Two of the most common services taxpayers encounter are tax preparation and tax resolution . While both play critical roles in managing financial and tax responsibilities, they serve very different purposes and cater to distinct types of clients. In this article, we’ll explore the differences between these services and identify the types of clients who benefit most from each. What is Tax Preparation? Tax preparation involves organizing, preparing, and filing annual tax returns for individuals or businesses. It ensures compliance with federal, state, and local tax laws while aiming to maximize deductions and credits. Tax preparers utilize tools like tax software or manual calculations to accurately complete forms, ensuring that clients meet all deadlines. Key Services Provided by Tax Preparers: Filing individual and business tax returns. Identifying potential tax deduction...