Filing for taxes isn't an easy process, but most people have enough sense to hire tax advisors to help them figure out how to take less money out of each paycheck so that they aren't sent to jail for tax fraud. 

However, instead of asking for solutions to their tax problems, people's questions can seem more focused on their interpersonal relationships. Here are some of those questions other clients like yourself may have.

Common FAQs Every Client Wants to Ask Their Tax Advisor

1 - How Can Advisors Help Us With Tax Goals?

Tax advisors work hard behind the scenes to help their clients achieve their goals. If a client is trying to get a mortgage, tax advisors may recommend that they contribute to a 401(k) in order to ensure that they have enough income to pay off the mortgage.

2 - Can Tax Advisors Prepare Our Taxes?

Yes, advisors can prepare your regular income taxes. However, they cannot give advice on any tax credits that you may be eligible to claim. If you want to claim a tax credit, you will have to consult with a tax attorney.

3 - Can Advisors Help Us With a Large Tax Bill?

Yes. Tax advisors can help you find any mistakes that you may have made on your taxes. If you are in the middle of a legal dispute and the IRS has frozen your assets, advisors can help to put those assets in your hands again.

4 - We Aren't Ready To File Our Taxes Yet. Can Advisors Help Us?

Not only can advisors help you to file your taxes, but they can also help you to plan for next year. If your goal is to get more out of your taxes, advisors can help you to find ways to reduce your taxable income without hurting your ability to get a mortgage or finance a big purchase.

5 - Will Advisors Help Us To Prepare Our Taxes On Time?

Tax advisors can help you to file your taxes on time. However, they cannot help you to get a tax extension. You will have to speak to a tax attorney if you want to get a tax extension.

6 - Can Advisors Help Us With Our Tax Audit?

Tax advisors can help to guide you through a tax audit. They can help you to figure out how to get the best possible outcome for your tax audit.

7 - We Are Being Audited By the IRS. Can Advisors Help Us?

Yes. Tax advisors know exactly what to say and how to say it to the IRS in order to get the best outcome possible for their clients.

8 - Is Tax Planning The Same Thing As Tax Preparation?

No. Tax planning is the process of identifying areas where you can reduce your taxes. Tax planning is the proactive work that advisors perform to help clients achieve their goals. Tax preparation is simply the process of filling out a tax form.

Conclusion

Tax season is hard for everyone, especially for those who are used to filing taxes from the comfort of their own home. However, working with tax advisors can make it easier to file taxes and fight for a tax audit. 

If you are in need of personal tax services or IRS problem solving in Denver, come to TotTax! If you're facing a tax problem, look no further for help. TotTax is experienced at helping people through all kinds of financial entanglements, and we're here to provide you with the assistance you need. We will help you solve your tax problems and ensure that your tax preparation this year goes without a hiccup.