Introduction to Tax Planning Tax planning is a vital strategic process aimed at reducing the financial burden of taxes for individuals and companies. This process requires careful study of...
Introduction to Tax Planning
Tax planning is a vital strategic process aimed at reducing the financial burden of taxes for both individuals and businesses. This process requires a thorough understanding of various tax laws and regulations to identify opportunities for minimizing tax liabilities while ensuring full compliance with legal requirements. Effective tax planning helps optimize financial outcomes by taking advantage of deductions, credits, and tax-efficient structures available under the law.