What is the primary role of a tax preparer?

The primary role of a tax preparer is to assist individuals and businesses in preparing and filing their tax returns. This includes gathering financial information, ensuring compliance with tax laws, and accurately calculating tax liabilities. Tax preparers must stay updated on current tax regulations and changes in tax laws to effectively guide clients through the often-complex process of tax filing, aimed at maximizing refunds or minimizing liabilities.

The other roles mentioned, such as auditing financial statements, enforcing tax regulations, and managing investment portfolios, fall outside the scope of what a tax preparer typically does. Auditing is performed by certified public accountants or auditors, tax enforcement is handled by tax authorities, and investment management is the domain of financial advisors or portfolio managers.