4 Tax Planning strategies You Should Consider

Many people do not know that they can reduce their tax burden if they just take some time to engage in tax planning. Below are some strategies that you can use to reduce how much you pay in taxes without contravening any laws. Defer Tax Payments One way to reduce your overall tax burden is by using any available channels to defer making tax payments to a later time. For example, you may choose to invest part of your salary in a retirement scheme.