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Is It True That Many Taxpayers Often Overpay Taxes?

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Kazim Qasim, EA, CTC
Tax laws are vast and confusing, and very few people understand how to navigate the seemingly endless codes and regulations. As a result, only a tiny proportion of businesses and professionals utilize the rules to their full advantage.

These taxpayers’ returns are missing many of the deductions and credits— and overlooking many of the loopholes—available in the tax codes. This is because most accountants and tax professionals are not trained in advanced tax-planning strategies.
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