Like many people, you may think about the federal income taxes you pay only at tax time. At that point, you find out whether the government owes you a refund or you owe the government more money for the year. Either way, maybe your overall tax liability could have been lower. Thatís where tax planning can help.
The earlier in the year you start planning, the more opportunities youíll have to cut your taxes. Yearly changes in the tax code make planning all the more important.
Tax ramifications are a major consideration in virtually every financial decision from personal to professional. Therefore, tax planning is an on-going process. CBC Inc. can help you with all your tax needs.