Certified Tax Strategist (CTS)

What is a Certified Tax Strategist (CTS)? 

A Certified Tax Strategist (CTS) is a tax expert specializing  in developing strategic tax plans and providing tailored advice to help individuals and businesses minimize tax liabilities and optimize tax benefits. They possess advanced tax laws and regulations knowledge and focus on creating comprehensive tax-saving strategies.

Does someone need to be a Certified Tax Strategist (CTS) to give me strategic tax advice?

Certification as a Certified Tax Strategist (CTS) is not mandatory for providing strategic tax advice. Knowledgeable tax professionals, including Certified Public Accountants (CPAs), Enrolled Agents (EAs), and tax attorneys, can offer strategic tax guidance without holding the CTS certification.

Can a Certified Tax Strategist (CTS) do my taxes?

Certified Tax Strategists (CTS) primarily specialize in tax planning and strategy development and may prepare tax returns. While they can offer valuable insights into minimizing tax liability, they may handle the technical aspects of tax return preparation. Individuals often turn to tax professionals such as CPAs, EAs, or tax attorneys for tax filing services, and CTSs typically hold these designations..

What is a Certified Tax Strategist (CTS) not allowed to do?

Certified Tax Strategists (CTS) must adhere to ethical and professional standards in their tax planning roles. They should not provide legal advice, guarantee specific tax outcomes, engage in unethical behavior, or offer services beyond their expertise. CTS professionals focus on creating effective tax strategies while staying within the boundaries of their authorized practice.

What is the difference between a Certified Tax Planner (CTP), a Certified Tax Coach (CTC), and a Certified Tax Strategist (CTS)? 

The key distinction among these tax professionals lies in their experience and education.  Certified Tax Planners (CTP), Certified Tax Coaches (CTC), and Certified Tax Strategists (CTS) specialize in creating tax-saving plans and proactive tax strategies.  They excel at finding opportunities for tax savings, developing comprehensive tax-saving plans, and providing tailored advice.