Going beyond tax prep
January 11, 2024
By Daniel Hood, Roger Russell
If tax compliance is looking out the rearview mirror, then just imagine how tax professionals can help their clients if they're willing to look out the front windshield and give them advice on the road ahead.
There is a growing trend of firms of all sizes shifting their focus from primarily tax compliance toward tax planning and strategies — but that begs the question: What kinds of tax planning and strategies do clients need, exactly?