Podcasts Business Investing Radical Personal Finance 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

Published: Aug. 6, 2014, 6:58 p.m.

In today\u2019s 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 [\u2026]