Paying your individual income taxes likely represents one
of the largest outlays of the year, but it also offers an
opportunity for significant savings. Whether you have paid
individual income taxes through employer withholding or
quarterly estimates, thoughtful planning before the calendar
turns to 2020 can reduce your total tax liability and help
retain more of your earnings. If you devote substantial
research and forethought to how you invest your money, then
you should take a similar approach to how that income will
be taxed.
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