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Major Tax Planning Strategy #1 — Adjusting the Timing of Income for Maximum Effect RPF0036

Major Tax Planning Strategy #1 — Adjusting the Timing of Income for Maximum Effect RPF0036

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

August 6, 20141h 9m

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Show Notes

In today’s show, we tackle the first of the Big 3 tax planning strategies that you need to be aware of. 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 […]