We all pay income taxes. However, there is no
reason to pay more than necessary. In fact, Justice Learned Hand famously
wrote: “Over and over again courts have said that there is nothing sinister in
so arranging one's affairs as to keep taxes as low as possible. Everybody does
so, rich or poor; and all do right, for nobody owes any public duty to pay more
than the law demands: taxes are enforced exactions, not voluntary contributions.
To demand more in the name of morals is mere cant.”
With over 40 years’ experience in tax preparation I
can help you to manage your tax liability over the short and long term.
Effective planning is an ongoing process. While we can’t control tax rates,
which are currently at historic lows, we can work within the rules to minimize
taxes. We must also monitor tax changes going forward, and be smart in our
decisions as to how to save taxes over the long term. With almost all of
government running annual deficits and accumulating unfathomable levels of debt
it isn’t likely our income tax burden will go down.”