For many individuals and companies, taxes are something you only worry about in March and April as you rush to file and cross your fingers for a large return. If this sounds familiar, it’s time to look into year-long tax planning.
Tax-planning is the practice of considering how your taxes affect your overall financial situation and goals. By organizing tax-related documents as you acquire them (or by working with a bookkeeping service), you can tax plan all year long and stay on top of your financials.
Keep reading to learn how organizing your tax documents and strategizing your taxes year-round is both easy and highly beneficial for all taxpayers. Read more