Did you file your tax return and then realize you’d made a mistake? Perhaps you completed your return yourself and made an error in math or neglected to include a schedule that should’ve been attached. Or maybe you recently remembered some large, potentially deductible charitable donations you’d made early in the year that you’d forgotten to tell your tax professional about. Now, you may be wondering if you need to file an amended return.
Tax Planning vs. Tax Preparation: What is the Difference?
Many people assume tax planning is the same as tax preparation, but the two are quite different. Let’s take a closer look: