Why Your Tax Strategy Should Start Before April
When most people think about taxes, they think about filing , not planning . As April approaches, inboxes fill with reminders, receipts, and forms, and it becomes a frantic rush to submit everything on time. But what if your tax strategy didn’t have to be reactive? The most effective tax planning isn’t something you do once a year, it’s a proactive, ongoing process that shapes how you earn, save, invest, and give. At Legacy Planning Advisors , we work with individuals, families, and business owners throughout the year to align their financial decisions with smart, purposeful tax strategies. The Difference Between Filing and Planning Tax filing is backward-looking. You gather the documents, complete the forms, and submit your return based on what happened in the prior year. Tax planning, on the other hand, is forward-focused. It helps you: Anticipate your future tax exposure Make strategic decisions before year-end Minimize liabilities through timing, structure, and charitable giv...