RetireMentorship
RetireMentorship
Aug 9, 2021
CFP 4 - Tax Planning
Play • 40 min

Taxes are the largest expense you will pay. Let's plan to pay less!

Tax preparation is filing your taxes after the year ends. It looks backward.
Preparation is attempting the pay the least amount of taxes last year.

Tax Planning is projecting your taxes for future years. It looks foward.
Planning is attempting you pay the least amount of tax over your lifetime.

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