Tax Planning 101: What You Need To Know To Successfully Reduce Your Taxes скачать в хорошем качестве

Tax Planning 101: What You Need To Know To Successfully Reduce Your Taxes

Welcome to the first video in my Tax Planning Strategies Series. In this lesson, we break down the core tax planning principles that every taxpayer, business owner, and student should understand before diving into more advanced techniques. You’ll learn how tax professionals legally reduce tax liability using timing strategies, income shifting, deduction planning, and credit optimization. What you’ll learn in this video: • How accelerating deductions can reduce current-year taxes • Why deferring or avoiding income lowers your overall tax bill • The difference between ordinary income and capital gains (tax rate “character”) • The full tax formula and why it matters for planning • Marginal vs. effective tax rates — and which one you should focus on • Credits vs. deductions and which gives you the bigger benefit • How these concepts form the foundation of every smart tax strategy This is Video 1 of the Tax Planning Strategies Series, designed to give you practical, easy-to-understand techniques that can help you keep more of your money. #tax #taxplanning #taxes2025 Chapters 00:00 Introduction 01:49 Tax Planning Concept 06:49 Tax Formula Revised About Brian Winrow Brian Winrow is a tax attorney and educator with extensive experience in taxation, accounting, and business. He holds a J.D., LL.M. in Taxation, DBA, MAcc, and MBA, and is licensed to practice before the U.S. Tax Court. He also maintains active professional certifications in taxation and fraud examination. Brian teaches undergraduate and graduate-level tax and accounting courses and focuses on making complex tax concepts easy to understand. He is the founder of Winrow Tax Services, where he works with individuals and businesses on a wide range of tax matters. If you're interested in working with Brian or learning more about his tax practice, you can visit Winrow Tax Services at www. winrowtax.com. Have Questions? Leave them in the comments! I post regular tax education videos designed to make difficult concepts simple and accessible. If you are seeking to become a client, please direct your questions to [email protected] as opposed to leaving them in the comments.