Dr. Chloe Carmichael Blogs

What Does Your Tax Style Say About You?

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Dr. Chloe Carmichael, PhD Jan 18, 2021 11:26:27 AM
What Does Your Tax Style Say About You?

When April comes around, doing our taxes inevitably follows. As someone that works with many individuals planning for their financial future and security, I often find that during times of stress we can forget the purpose behind our actions. Although we all celebrate a salary raise or a successful new business venture, we don’t always like to think about its tax impact– and we may then lose out on opportunities to conserve or grow that wealth by sheltering it with proper planning! Therefore, whether you do your taxes yourself or have an accountant, approaching your taxes thoughtfully by asking yourself some key questions is vital for optimizing your quality of life.