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A tax advisor or tax consultant is a person with advanced training and knowledge of tax law. The services of a tax advisor are usually retained in order to minimize taxation while remaining compliant with the law in complicated financial situations. [ 1 ]
Learn which path aligns with your vision for the future
Here’s what else you should know about tax advisors.
In the United States of America, an Enrolled Agent (EA) is a tax advisor, specifically a federally authorized tax practitioner who, after passing a 3-part Special Enrollment Examination, has been licensed and empowered by the Internal Revenue Service, a division of the United States Department of the Treasury.
On the federal level, you'll be taxed on up to 50% of benefits once provisional income exceeds $25,000 for single tax filers and $32,000 for married joint filers — and on up to 85% of benefits ...
In January 2016, H&R Block launched Block Advisors, a service that provides year-round consumer tax preparation. [59] The company has opened about 350 Block Advisor offices. [ 60 ] Its advisors include certified public accountants , enrolled agents, or have been certified by H&R Block as master tax advisors.
According to Rob Burnette, investment advisor representative and professional tax preparer at Outlook Financial Center, that plan should include allocating extra money to debt reduction ...
Daily tax-loss harvesting. The best advisors motivate you toward your goal. There are times when a robo-advisor might work best for you and other times when you need the help of a human advisor ...
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