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Who


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What


The field of professional tax preparation involves individuals who prepare tax returns for individual and business taxpayers. In the simplest version, the tax preparer will simply put in the data from the taxpayer to arrange a return. Other preparers will try to optimize the tax return to gain a larger tax refund or to minimize tax liability with regards to legal tax deductions.


For businesses and high value individuals, tax preparers come up with long term strategies that are designed to minimize taxes wherever possible. This might involve complex schemes that are legal in which more income is often shielded from taxation. Today, it's not unusual to see large corporations that pay less than 5% rate on their own income due to these tax moves.


Why


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How


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When the data has been input to the software, the tax preparer will electronically file the return. Many tax preparers are able to print a refund check, especially if he or she offers tax refund loans that permit taxpayers to get a refund on the same day the tax return is filed.


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