Taxes can significantly reduce your annual earnings. On the other hand, tax planning is a legitimate means of reducing your tax liabilities in any given financial year. It helps you make the most use of the tax exemptions, deductions, and advantages offered by the government to minimize your liability. Hence, with proper tax planning, it is possible to pay less in taxes. Or you may even gain a greater refund at the end of the year.

Every time there’s a new hurricane or earthquake, someone starts quoting the Book of Revelation. Or how about that commercial where actor Dennis Haysbert sits in an open field and questions why there have been 26 “once in 500 years storms” in the last decade, when the name implies they