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Smart tax planning starts now, if not sooner.

Publication: Mississippi Business Journal
Publication Date: 15-DEC-03 		Format: Online
Delivery: Immediate Online Access
Full Article Title: Smart tax planning starts now, if not sooner.(As I See It)

Article Excerpt
It has been my privilege to serve as a tax adviser for the last three decades. Though I am pretty much retired from the tax consulting business, this time of year always reminds me of the hustle and bustle of trying to make clients' tax problems disappear before December 31st.

In addition to deer season, the holidays and upcoming bowl games, another item on the minds of many is that realization that the fruits of their labors will soon be divided by the government. This realization usually occurs at the end of a particularly profitable year where the cash has been spent and no provision has been made for income taxes.

Alas, 'tis human nature.

What is the truth about tax planning? Can one plan away their tax liability? Are there...

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