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Major Tax Planning Strategies #2 and #3 — Shifting and Converting Income From High Rates to Low Rates RPF0041

Major Tax Planning Strategies #2 and #3 — Shifting and Converting Income From High Rates to Low Rates RPF0041

Radical Personal Finance · Joshua J. Sheats, MSFS, CFP, CLU, ChFC, CASL, RHU, REBC, CAP

August 14, 201445m 40s

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Show Notes

Today we round out major tax strategies #2 and #3. As a refresher, here are the three basic tax planning strategies: Timing (deferring or accelerating taxable income and tax deductions) Income shifting (shifting income from high to low tax rate taxpayers) Conversion (converting income from high to low tax rate activities) Tax rates vary across […]