What happens to your tax liability with proper financial planning?
You can_____________ tax liability through proper financial planning.
Answers
Answered by
1
Answer:
Decrease or minimize
Explanation:
you can decrease or minimize tax liability through proper financial planning.
Answered by
0
Answer:
The correct answer is minimize.
Explanation:
- To guarantee that these factors work together to enable you to pay the least amount of taxes, tax planning involves analyzing a financial condition or plan.
- Tax efficiency refers to a strategy that reduces your tax liability. An individual investor's financial plan should include tax planning as a crucial component. Success depends on minimizing tax obligations and increasing one's capacity to make contributions to retirement programs.
- Planning for taxes involves a number of factors. The timing of income, the magnitude and timing of purchases, and the preparation for additional expenses are all factors to take into account.
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