Tax planning strategies are the cornerstones of a solid financial security plan. At The Better Planning Group, we will never guarantee you a future rate of return (no one can!), but through our Income Preservation Process, we can always guarantee a level of tax savings for our clients.
Combining tax-efficient strategies with your investment planning will significantly bring you closer to your financial goals.
There are five categories of tax planning and approximately 40 strategies you can utilize.
- Income deferral
- Income splitting
- Tax sheltering
- Income spreading
- Tax credit maximization
Ongoing tax planning is key to reducing your tax burden while increasing your income.