BUS 215 Week 1 Discussion 2, Tax
Planning
Tax Planning
Read David J. Marotta’s article, “Seven Tax-Planning Strategies to Dodge the Tax Bullet.”
Based on the information presented in the article, discuss the following:
What is tax planning?
Tax planning can help in reducing the taxes you pay and help you achieve financial goals. It can
be done by using all your available allowances, deductions, exclusions, exemptions to reduce
income and/or capital gains. Tax planning is the art of arranging your affairs in ways that
postpone or avoid taxes. By using effective tax planning strategies, you can have more money to
save and invest or more money to spend. Tax planning is deferring and avoiding taxes by taking
Planning
Tax Planning
Read David J. Marotta’s article, “Seven Tax-Planning Strategies to Dodge the Tax Bullet.”
Based on the information presented in the article, discuss the following:
What is tax planning?
Tax planning can help in reducing the taxes you pay and help you achieve financial goals. It can
be done by using all your available allowances, deductions, exclusions, exemptions to reduce
income and/or capital gains. Tax planning is the art of arranging your affairs in ways that
postpone or avoid taxes. By using effective tax planning strategies, you can have more money to
save and invest or more money to spend. Tax planning is deferring and avoiding taxes by taking
