Accountants specializing in the laws, rules, and regulations required in the preparation and calculation of state, federal, and local taxes are typically known as tax accountants. Tax accountants provide a wide range of tax-related services to both businesses and individuals, which can include filing and preparing tax returns. Tax accountants are more concerned with making sure an individual’s taxes are compliant with tax laws and regulations and will give you advice about how to change or improve your tax status. An accountant, on the other hand, is your strategist. They assist in helping an individual or their business pay less tax.