Timing is everything but so is action. Learn how to engage in tax planning before it's too late.

Think of tax planning as Annie Duke calls a freeroll. A freeroll is a great decision-making tool because the downside cost is very minimal compared to the potential rewards. Yes, there is time, energy, and perhaps a consulting fee involved, but the upside can be huge if you do it. You may waste a couple of hours of your life. Or, you might find a step or two that can save you thousands or even more over time.

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