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In Business / College | 2025-07-07

Select all that apply.

The goals of tax planning include:

A. evading taxes by using various strategies.
B. maintaining complete and appropriate tax records.
C. understanding how tax laws impact you.
D. using tax planning strategies to generate capital gains.
E. making purchases and investments that reduce tax liability.

Asked by calebmackattack

Answer (1)

The goals of tax planning include maintaining appropriate tax records, understanding tax laws, and making investments to reduce tax liabilities. It is crucial to recognize that evading taxes is illegal and not a goal of tax planning. Effective tax planning aims to optimize financial outcomes within legal frameworks. ;

Answered by GinnyAnswer | 2025-07-08

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