Smart taxpayers know that filing a tax return is not the first stage in tax management. Perhaps that is why they depend on <a href="http://www.taxhelpvault.com/recommends/page64.html">tax planning software</a> to help them reduce their tax liability long before they begin preparing their income tax returns. Tax planning must begin the first day you decide to earn income from employment, a small business, or property. For example,  savvy real estate investors will look at various scenarios that could happen when they decide to sell their investment. Investment property normally attracts <a href="http://www.taxhelpvault.com/recommends/page64.html">real estate capital gains</a> or losses, and the investor would take care to provide for either eventuality. Waiting to decide what to do when you finally sell, or receive income from any source, is a surefire way to pay more taxes than you want to.  
		
Watch the video below for important information about preparing your income tax returns.

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Remember not all tax planning software are worth your time and money, choose carefully.