In this episode, we discuss key concepts in tax planning, including how deductions and credits work, and how timing income and expenses can affect what you owe. We also touch on common strategies used by individuals and small business owners to manage taxes more efficiently. This overview is meant to provide general information to help you better understand the basics of tax planning. For more information contact Tim Stearns, CFP® and his team at TjStearns at (800) 640-2256 and visit the website at www.tjstearns.com/.