| Dear Friend, As a tax consultant for over 25 years I get surprised by the approach of many people towards tax planning. In fact, for Americans, taxes are their number one expense - usually exceeding payments for food, lodging, clothing and transportation together. According to the IRS, Americans and Business owners generally overpay $320,000,000 a year in excess tax! So you may be paying more taxes than you are required to! Still most of the people want to keep away from planning their tax strategies. They just leave it to their accountant. They are prepared to spend hours on phone for a $50 overcharge by credit card Company, but they are not prepared to spend even a few minutes to learn simple, yet valuable tips to save thousands of dollars from their taxes! Its time to wake up and keep aside your misconceptions about tax planning.
I don't make big money, so do I really need tax planning strategies?This is the biggest misconception of all. If you are neglecting easy and valuable tips throughout the year and then approaching your accountant after December 31, how can you expect your accountant to do miracles for you? I am capable of handling my taxes. This is the biggest misconception of all. If you are neglecting easy and valuable tips throughout the year and then approaching your accountant after December 31, how can you expect your accountant to do miracles for you? Tax planning strategies can't save me much! Majority of the people can't become a millionaire by lottery or by inheriting big money, but by saving and investing. And saving in taxes is a sweeter option! | 
