The importance of tax planning cannot be overstated.
To truly maximize the rules of the tax code and minimize one’s tax burden you must look to tax planning. We have been doing tax planning for as long as we have done tax preparation and because of that we have a great understanding of the ins and outs of the tax code and how those rules, and the timing implementation of certain items, will directly affect your tax return.
The tax code is both complex and onerous. Effective tax planning often plays an integral role in minimizing tax liabilities, not only for the current tax year but subsequent tax years as well. The timing and implementation of specific tax strategies can have a significant impact on overall tax savings.