FinanceDogma – Finance, loans, creditcard and mortgages

January 29, 2009

Tax Planning

A proper tax planning can help you to save a considerable amount of your hard earned money. It can help you to maximize the deductions and ultimately reduce your tax burden. There are many Individuals who are not quite aware of the tax reduction procedures and lose their money.

The method of tax planning will differ from one person to another based on his monthly income, filing status, investments or savings plan, taxable income cap etc. A person with same income as another person may have to pay more taxes due to lack of eligible tax-deductible savings. (more…)

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