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Proactive tax planning quote from Judge Leonard Hand, US Court of Appeals:

“Anyone may arrange his affairs so that his taxes shall be as low as possible; he is not bound to choose that pattern which best pass the treasury. There is not even a patriotic duty to increase one’s taxes. Over and over again the courts have said there is nothing sinister is so arranging affairs to keep taxes as low as possible. Everyone does it, rich and poor alike and I’ll do it right, for nobody else in a public duty to pay more than the law of demand.”

Based on the above quote, we firmly believe proactive tax planning is the key to successfully and legally reducing tax liability.