IP #117: Tax Planning vs. Tax Preparation. Know the Difference
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IP #117: Tax Planning vs. Tax Preparation. Know the Difference
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In this episode of Investor’s Playbook, we’re clearing up a mistake that costs people money every year—confusing tax preparation with tax planning. While most people only think about taxes once a year, investors know the real savings happen all year long.
We break down the difference between filing your taxes and actually planning around them, and why waiting until tax season is often too late. From income timing and deductions to investment strategy and retirement accounts, we explain how tax planning helps you keep more of what you earn.
If you want to stop reacting to taxes and start being proactive with your money, this episode will help you understand the difference—and why it matters.
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