Tax What If Doctor<\/a> <\/span><\/h2><\/div>![](\"https:\/\/taxwhatifdoctor.com\/wp-content\/uploads\/Blog-Pic-2023.03.21.png\" "\\"The")
<\/a><\/div>The Tax Planning Void That Costs America a Lot!<\/a><\/span>by TaxDoctor<\/a> on April 29, 2026 at 4:50 pm <\/small>Many people who do not deal in the tax preparation or planning business think of taxes as something to deal with one day per year. Like Christmas, only not as good. So perhaps more like \u201cGrinch Day.\u201d Nevertheless, it doesn\u2019t get a lot of attention after April. It drifts into the \u201cThank goodness that\u2019s over!\u201d mental space and goes away until the new year. It\u2019s different for self-employed small business owners, as tax related issues are dealt with more often, but it\u2019s still mechanical in nature. \u201cI\u2019ve got to go deposit payroll taxes today\u201d or \u201cI need to send in my 941 quarterly payment this week.\u201d But still, their thoughts are not focused on proactive activities, but more so on<\/p><\/div><\/li>
- <\/a><\/div>You Control What You Pay in Tax, it Doesn\u2019t \u201cHappen to You\u201d<\/a><\/span>by TaxDoctor<\/a> on April 22, 2026 at 4:27 pm <\/small>
If you pay attention and plan your tax outcomes proactively, there are many things you can do to reduce your tax bill. But the planning and the resulting activities that you need to engage in to achieve those outcomes are all year-round actions you must take, not just things to do the week before you file. Start by opening your calendar and marking a day each month to spend an hour on your taxes. That\u2019s 12 hours a year. If when you file your taxes those year-round activities saved you $1500, then you were \u201cpaid\u201d $125.00 an hour, which is worthwhile! If you saved $10,000.00 in taxes, that would be $833 per hour. Sign me up for that job! Start<\/p><\/div><\/li>
- <\/a><\/div>Understanding Tax Credits<\/a><\/span>by TaxDoctor<\/a> on April 15, 2026 at 2:18 pm <\/small>
When planning ahead, or just engaging in their day to day operations, most business owners at least occasionally think about tax deductions. A business dinner that can be partially deductible, or a new machine that can be depreciated. However, they often don\u2019t think about or plan how to acquire other tax credits, which can often be much more valuable. Tax credits are often transitory, with the benefits increased or reduced from year to year, or sometimes eliminated altogether, only to be brought back again several years later. Over the last few decades we have seen some popular credits renewed or in some cases even made a permanent part of the tax code. Small business owners seem to often not be<\/p><\/div><\/li>
- <\/a><\/div>Logical Tax Planning<\/a><\/span>by TaxDoctor<\/a> on April 8, 2026 at 2:25 pm <\/small>
It\u2019s hard to be logical all the time about everything. The most financially successful tax clients we serve at least attempt to force themselves to be logical, for their own benefit. For instance, our parents, as well as a subset of the economy including some popular radio show based advisors like Dave Ramsey, say you should pay off your home and have a \u201cfree and clear\u201d deed as a goal (they are wrong in most cases by the way).\u00a0That kind of thinking is emotional thinking, mixed perhaps with some presumptive attitude about what the general populous is capable of. \u201cWell, we know we can\u2019t get people to do what would really be best for them based on pure math and<\/p><\/div><\/li>
<\/a><\/div>The Tax Planning Void That Costs America a Lot!<\/a><\/span>Many people who do not deal in the tax preparation or planning business think of taxes as something to deal with one day per year. Like Christmas, only not as good. So perhaps more like \u201cGrinch Day.\u201d Nevertheless, it doesn\u2019t get a lot of attention after April. It drifts into the \u201cThank goodness that\u2019s over!\u201d mental space and goes away until the new year. It\u2019s different for self-employed small business owners, as tax related issues are dealt with more often, but it\u2019s still mechanical in nature. \u201cI\u2019ve got to go deposit payroll taxes today\u201d or \u201cI need to send in my 941 quarterly payment this week.\u201d But still, their thoughts are not focused on proactive activities, but more so on<\/p><\/div><\/li>
<\/a><\/div>You Control What You Pay in Tax, it Doesn\u2019t \u201cHappen to You\u201d<\/a><\/span>If you pay attention and plan your tax outcomes proactively, there are many things you can do to reduce your tax bill. But the planning and the resulting activities that you need to engage in to achieve those outcomes are all year-round actions you must take, not just things to do the week before you file. Start by opening your calendar and marking a day each month to spend an hour on your taxes. That\u2019s 12 hours a year. If when you file your taxes those year-round activities saved you $1500, then you were \u201cpaid\u201d $125.00 an hour, which is worthwhile! If you saved $10,000.00 in taxes, that would be $833 per hour. Sign me up for that job! Start<\/p><\/div><\/li>
<\/a><\/div>Understanding Tax Credits<\/a><\/span>When planning ahead, or just engaging in their day to day operations, most business owners at least occasionally think about tax deductions. A business dinner that can be partially deductible, or a new machine that can be depreciated. However, they often don\u2019t think about or plan how to acquire other tax credits, which can often be much more valuable. Tax credits are often transitory, with the benefits increased or reduced from year to year, or sometimes eliminated altogether, only to be brought back again several years later. Over the last few decades we have seen some popular credits renewed or in some cases even made a permanent part of the tax code. Small business owners seem to often not be<\/p><\/div><\/li>
<\/a><\/div>Logical Tax Planning<\/a><\/span>It\u2019s hard to be logical all the time about everything. The most financially successful tax clients we serve at least attempt to force themselves to be logical, for their own benefit. For instance, our parents, as well as a subset of the economy including some popular radio show based advisors like Dave Ramsey, say you should pay off your home and have a \u201cfree and clear\u201d deed as a goal (they are wrong in most cases by the way).\u00a0That kind of thinking is emotional thinking, mixed perhaps with some presumptive attitude about what the general populous is capable of. \u201cWell, we know we can\u2019t get people to do what would really be best for them based on pure math and<\/p><\/div><\/li>