Practitioners who have been adding tax planning services to their basic preparation are taking an additional step to extend their practice into year-round financial planning."There's a natural progression from tax preparation into financial planning," said Stephen Parezo, media manager at Fiducial.

For many clients, the tax preparer is the only advisor they have in the financial world, and he already has most of the data, according to Parezo."The tax preparer gets to see the total picture of the client's finances," he said. "The preparer can see if the client is making retirement plan contributions, and the types of investments he has."

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