Tax Planning

Tax Planning uses legal means to help lower the obligation of a taxpayer.

Reduce your tax liability by taking advantage of all permissible:
  • Exemptions
  • Deductions
  • Concessions
  • Allowances
  • Rebates
  • Exclusions
  • Other IRS Tax Code approved strategies

 Objectives

  • Reduction of Tax Liability
  • Minimization of Litigation
  • Productive Investment

 

The goal of Tax Planning is to achieve maximum benefits in an honest manner by utilizing the IRS tax code.

Types of Tax Planning

 

Short-range Tax Planning: is done every year to arrive at limited and specific objectives.

Long-range Tax Planning: uses the tax code to defer a tax liability to later years.

 

Find more tax related information here https://www.irs.gov/statistics

https://www.irs.gov/statistics/soi-tax-stats-business-tax-statistics

Speak With A Tax Planning Consultant