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In Business / College | 2025-07-07

What should be the primary goal of tax planning efforts?
A. To pay more taxes than required.
B. To pay your fair share of taxes while maximizing tax benefits.
C. To avoid paying taxes altogether.
D. To delay tax payments as long as possible.

Asked by calebmackattack

Answer (2)

The primary goal of tax planning is to pay your fair share of taxes while maximizing tax benefits. This involves using available deductions and credits to lower taxable income legally. Effective tax strategies help minimize tax liability and enhance financial planning. ;

Answered by GinnyAnswer | 2025-07-08

The primary goal of tax planning is to pay your fair share of taxes while maximizing tax benefits. This involves using deductions and credits legally to reduce taxable income. Effective tax strategies focus on compliance and minimizing tax liability.
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Answered by Anonymous | 2025-07-25

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