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Professionals with this skill prepare and file tax returns for individuals and businesses, ensuring they pay the correct amount of taxes owed. They calculate how much money is owed to the government based on income, expenses, and financial activities throughout the year. They help clients take advantage of legal ways to reduce their tax bills, such as deductions and credits. They stay up to date on changing tax laws and regulations to ensure compliance and avoid penalties. They also organize and maintain financial records to support tax filings and respond to government inquiries or audits.