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Tax Planning
 
 
To most people, income tax planning means gathering up W-2’s, 1099’s, receipts and canceled checks and either filling out the complicated forms or paying for the help of a tax preparer.  This is not income tax planning - it is tax calculating. 
 
Tax planning means planning for the year ahead, so that you have plenty of time for tax-reducing strategies.  See a tax advisor early each year to answer your questions and/or to obtain more detailed information about issues such as:
 
  • Strategies that can reduce your tax liabilities for the current year.  When should you implement them?
  • What records will you need to keep ?
  • Are there any recent changes in the law that affect your situation ?
  • Recent legislation has eliminated many deductions.
  • What kinds of strategies are available today?
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