It’s a well-known fact that there are two aspects of life that all people must ultimately deal with – death and taxes. Through proper estate planning and tax planning, the financial burden of each can be reduced significantly.
Tax Planning is the process of planning for the orderly administration of one’s financial affairs as to minimize the amount of taxes that are due to the IRS. There are countless tax-saving strategies that individuals and businesses can use to reduce their tax burden, thus taxpayers should consider soliciting the assistance of a tax professional to help develop a workable plan.
Although Financial Advisors are not permitted to provide tax advice to their clients, they should have a good understanding of some basic tax planning strategies to be able to offer some suggestions to their clients who have done little planning. Naturally, these suggestions should be followed with the disclaimer to seek professional help with a client’s tax planning strategies.
Let VendorPedia help you with additional resources to help you learn more about tax planning!
Earn your License quickly and easily!
Improve your knowledge and industry standing!
Products & Services to help manage and grow your career!
Need training or resources in other areas? Try our other Training Center sites:
HR, Acct., Banking, Insurance, Fin. Svcs., Real Estate, Mortgage, HealthCare, Safety, Sales
|Share on Facebook|
Share on Twitter
Share on Google+
Critical Selling® Skills Sales Training Seminar
Texas All-Lines Adjuster Pre-Licensing ONLINE Course
Xactimate Training-Live Online Training
Workers′ Comp Training Seminar
How Workers′ Compensation Works (Comprehensive 11-Module Course)
FMLA Training &Certification Program
Reasonable Or Unreasonable? How To Determine What Is A Reasonable Accomodation
Surplus Lines Online Exam Prep Course
CFP® Review │ Premium Live Exam Prep Course
Qualified Financial Advisor (QFA)
Associate in General Insurance (AINS)
Associate in Premium Auditing (APA)