Tax Materials, Inc. introduces a new Planning Strategies Edition for TheTaxBook Series. This publication is designed to help the tax preparer find practical tax planning strategies to apply to client situations. The book is packed with strategies for individuals and small businesses.

Strategies include:

  • How to reduce taxable Social Security benefits.
  • Financial planning strategies.
  • Transfers to children.
  • Hire your children.
  • Vacation travel for small business.
  • How trusts can save tax.
  • and more!

This publication recognizes and identifies possible tax strategies, along with the potential dangers involved in implementing those strategies. Every taxpayer has a unique set of circumstances that need to be carefully considered. There is value in identifying and illustrating why a taxpayer may want to, or may not want to, implement a particular tax planning strategy.