1 / 1

What is Tax Planning?

Tax planning is the process of investigating a financial plan or a situation from a tax viewpoint. The purpose of tax planning is to make sure there is tax efficiency. Tax planning involves various considerations such as size, the timing of income, timing of investments, and planning involved with different types of expenses. To know more visit here https://www.straighttalkcpas.com/tax-planning-and-preparation

lunamorris00
Download Presentation

What is Tax Planning?

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. What is Tax Planning? Tax planning is the process of investigating a financial plan or a situation from a tax viewpoint. The purpose of tax planning is to make sure there is tax efficiency. Tax planning services help you to use the tax exemptions, deductions, and benefits offered in the best ways to minimize your tax liability. Tax planning is divided into the following: Permissive tax planning: Tax planning which comes under the law. Purposive tax planning: Tax planning with a detailed objective. Long-range and short-range tax planning: Planning is executed at the beginning and towards the end of the year.

More Related