Fiscal Deity: Tax Consultant

Strategic planning throughout the year results in a minimal tax balance. The objective of planning your tax payables is not to prevent paying taxes, it is to pay no more than your fair share of taxes, and keep your money where it earns you the most.

If you aren't aware of it yet, Uncle Sam pays no interest. If he deducts your tax payment monthly or quarterly, and takes more than his fair share, he doesn't give you anything back for the privilege of using your hard earned money. By the same token, if you don't pay in enough, he charges you a penalty and interest.

As a W-2 wage earner, if you are over paying your tax debt, you may be considering it a 'forced savings plan', but you gain nothing, using that particular plan. By putting the same amount in savings every year, earning interest on the balance, and continuing to regularly invest in your savings fund, you may be able to utilize the retirement savings plan reducing your tax debt significantly. With the advice of a competent tax consultant, your savings can become an investment with a tax reduction at the end of the year.

As a business owner paying tax quarterly, over paying your taxes can cost you considerably more. Your tax debt may actually be borrowed money, on a line of credit from the bank where you pay interest for the use of the money. If tax planning were part of your business expenses, you get to deduct the amount paid to the tax consultant from your business, you don't have to pay interest on more than you need to pay in (if using a line of credit to pay taxes), and any saved money can be placed in a retirement fund or savings plan to draw interest for you. Once again, a tax consultant can save you money.

These are just a couple of ways you can save money by hiring a tax consultant. So, who is your Tax Deity? Your tax consultant or Uncle Sam?

Tax planning is an important part of setting up your business, working your job, or living in a world where taxes are a fact of life. Consider saving money on your taxes this year, by planning well, and paying yourself first. Visit eBiz Brand Performance for more information.

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Polls show Obama in lead as debate turns to taxes, economy - Bizjournals.com

table border=0 width= valign=top cellpadding=2 cellspacing=7trtd width=80 align=center valign=topfont style=font-size:85%;font-family:arial,sans-serifa href=http://news.google.com/news/url?sa=Tct=us/0i-0fd=Rurl=http://abcnews.go.com/PollingUnit/Politics/story%3Fid%3D5920248%26page%3D1cid=1254007716ei=_WXqSN6fEKT2ygSZlcRGusg=AFQjCNFdF_3843bcIH8XApRWz6fGbF1KWgimg src=http://news.google.com/news?imgefp=bzXNsn2Xk8sJimgurl=a.abcnews.com/images/PollingUnit/rt_obama_mccain_080930_mn.jpg width=80 height=60 alt= border=1brfont size=-2ABC News/font/a/font/tdtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbrdiv style=padding-top:0.8em;img alt= height=1 width=1/divdiv class=lha href=http://news.google.com/news/url?sa=Tct=us/0-0fd=Rurl=http://www.bizjournals.com/phoenix/stories/2008/10/06/daily2.htmlcid=1254007716ei=_WXqSN6fEKT2ygSZlcRGusg=AFQjCNEan2uj6c9Kur8GWwIOvUJHyB-vsgPolls show Obama in lead as debate turns to btaxes/b, economy/abrfont size=-1font color=#6f6f6fBizjournals.com,nbsp;NCnbsp;-/font nobr2 hours ago/nobr/fontbrfont size=-1McCain is expected to follow up on running mate Sarah Palinā€™s jabs at Obama on btaxes/b, expansion of government and links to former Weather Underground member b.../b/fontbrfont size=-1a href=http://news.google.com/news/url?sa=Tct=us/0-1fd=Rurl=http://www.youtube.com/watch%3Fv%3DkGFMV18XR1Ycid=1254007716ei=_WXqSN6fEKT2ygSZlcRGusg=AFQjCNGlCrolmcBwCjzpuADOc95tA8wLqwVideo: VP Debate - Keeping Promises: Given recent financial trou.../a font size=-1 color=#6f6f6fnobrCSPAN/nobr/fontobject width=448 height=356param name=movie value=http://www.youtube.com/v/kGFMV18XR1Y/paramparam name=wmode value=transparent/paramembed src=http://www.youtube.com/v/kGFMV18XR1Ytype=application/x-shockwave-flashwmode=transparentwidth=448height=356/embed/objectbr/fontfont size=-1a href=http://news.google.com/news/url?sa=Tct=us/0-2fd=Rurl=http://www.ajc.com/blogs/content/shared-blogs/ajc/bookman/entries/2008/10/05/obama_tax_cuts_aimed_at_the_le.htmlcid=1254007716ei=_WXqSN6fEKT2ygSZlcRGusg=AFQjCNFGBwKVPEd5N-Cxxd8VYO47SjYiTwObama btax/b cuts aimed at the less-than-wealthy/a font size=-1 color=#6f6f6fnobrAtlanta Journal Constitution/nobr/font/fontbrfont size=-1a href=http://news.google.com/news/url?sa=Tct=us/0-3fd=Rurl=http://www.wistv.com/Global/story.asp%3FS%3D9067847cid=1254007716ei=_WXqSN6fEKT2ygSZlcRGusg=AFQjCNF8ZWKJ-TD8kcv24mUTSZIXT4cU9gbTaxes/b: Who#39;s Offering the Bigger Cuts?/a font size=-1 color=#6f6f6fnobrWIS/nobr/font/fontbrfont size=-1 class=pa href=http://news.google.com/news/url?sa=Tct=us/0-4fd=Rurl=http://www.humanevents.com/article.php%3Fid%3D28875cid=1254007716ei=_WXqSN6fEKT2ygSZlcRGusg=AFQjCNE8-_jkCZun5Zn0fMaAgEVZE4KlognobrHuman Events/nobr/anbsp;- a href=http://news.google.com/news/url?sa=Tct=us/0-5fd=Rurl=http://www.csmonitor.com/2008/1006/p16s01-wmgn.htmlcid=1254007716ei=_WXqSN6fEKT2ygSZlcRGusg=AFQjCNElyt4y0NRz4poxv37IYOj9y7hlFgnobrChristian Science Monitor/nobr/a/fontbr/font class=p size=-1a class=p href=http://news.google.com/news?sourceid=navclientie=ISO-8859-1rls=GGLG,GGLG:2005-22,GGLG:enncl=1254007716hl=ennobrall 638 news articles/nobr/a/font/div/font/td/tr/table

McCain: I#39;m Not Raising Taxes. I#39;m Cutting Medicare! - The Plank on TNR.com

table border=0 width= valign=top cellpadding=2 cellspacing=7trtd width=80 align=center valign=topfont style=font-size:85%;font-family:arial,sans-serifa href=http://news.google.com/news/url?sa=Tct=us/1i-0fd=Rurl=http://www.boston.com/news/politics/2008/articles/2008/10/04/obama_attacks_mccain_on_health_carecid=1252219486ei=_WXqSN6fEKT2ygSZlcRGusg=AFQjCNFniYJo5kkm0crdYM-DhQo9zWvU9Qimg src=http://news.google.com/news?imgefp=ZSgfdq4WFXgJimgurl=cache.boston.com/resize/bonzai-fba/AP_Photo/2008/10/04/1223109620_5307/539w.jpg width=80 height=57 alt= border=1brfont size=-2Boston Globe/font/a/font/tdtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbrdiv style=padding-top:0.8em;img alt= height=1 width=1/divdiv class=lha href=http://news.google.com/news/url?sa=Tct=us/1-0fd=Rurl=http://blogs.tnr.com/tnr/blogs/the_plank/archive/2008/10/06/mccain-i-m-not-raising-taxes-i-m-cutting-medicare.aspxcid=1252219486ei=_WXqSN6fEKT2ygSZlcRGusg=AFQjCNHg07ir5l66_fD5BQG7XZNuojtJnAMcCain: I#39;m Not Raising bTaxes/b. I#39;m Cutting Medicare!/abrfont size=-1font color=#6f6f6fThe Plank on TNR.com,nbsp;DCnbsp;-/font nobr5 hours ago/nobr/fontbrfont size=-1Barack Obama says John McCain would raise people#39;s btaxes/b by changing the way the IRS looks at health insurance. McCain says he wouldn#39;t. b.../b/fontbrfont size=-1a href=http://news.google.com/news/url?sa=Tct=us/1-1fd=Rurl=http://www.kaisernetwork.org/daily_reports/rep_index.cfm%3FDR_ID%3D54846cid=1252219486ei=_WXqSN6fEKT2ygSZlcRGusg=AFQjCNFMstE-5XnwaNhZleNxthFy6FsgxwObama Criticizes McCain#39;s Health Care Proposal, Saying It Will b.../b/a font size=-1 color=#6f6f6fnobrKaiser network.org/nobr/font/fontbrfont size=-1a href=http://news.google.com/news/url?sa=Tct=us/1-2fd=Rurl=http://www.galen.org/component,8/action,show_content/id,68/category_id,0/blog_id,1095/type,33/cid=1252219486ei=_WXqSN6fEKT2ygSZlcRGusg=AFQjCNHxjncOo2MZyVmNTPMzzQGJl18zPgMcCain, Health Insurance and bTaxes/b/a font size=-1 color=#6f6f6fnobrGalen Institute/nobr/font/fontbrfont size=-1a href=http://news.google.com/news/url?sa=Tct=us/1-3fd=Rurl=http://www.casavaria.com/cafesentido/2008/10/06/633/mccains-healthcare-plan-taxes-employee-benefits-aims-to-force-individuals-onto-open-market/cid=1252219486ei=_WXqSN6fEKT2ygSZlcRGusg=AFQjCNHwhuq6iesv7vXGZOf6_IEtS4Lv-QMcCainā€™s Healthcare Plan bTaxes/b Employee Benefits, Aims to Force b.../b/a font size=-1 color=#6f6f6fnobrcasavaria sentido/nobr/font/fontbrfont size=-1 class=pa href=http://news.google.com/news/url?sa=Tct=us/1-4fd=Rurl=http://voices.washingtonpost.com/the-trail/2008/10/06/before_character_attacks_a_pol.htmlcid=1252219486ei=_WXqSN6fEKT2ygSZlcRGusg=AFQjCNGK32112no97-546cyqSuTAwwQVVwnobrWashington Post/nobr/anbsp;- a href=http://news.google.com/news/url?sa=Tct=us/1-5fd=Rurl=http://www.boston.com/news/politics/politicalintelligence/2008/10/obama_mccain_tu.htmlcid=1252219486ei=_WXqSN6fEKT2ygSZlcRGusg=AFQjCNEbgeRe3fsW8Akbg6qL1N_-86nB3AnobrBoston Globe/nobr/a/fontbr/font class=p size=-1a class=p href=http://news.google.com/news?sourceid=navclientie=ISO-8859-1rls=GGLG,GGLG:2005-22,GGLG:enncl=1252219486hl=ennobrall 1,377 news articles/nobr/a/font/div/font/td/tr/table

Looking for low taxes in retirement? Avoid New Jersey - Boston Globe

table border=0 width= valign=top cellpadding=2 cellspacing=7trtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbrdiv style=padding-top:0.8em;img alt= height=1 width=1/divdiv class=lha href=http://news.google.com/news/url?sa=Tct=us/2-0fd=Rurl=http://www.boston.com/business/personalfinance/managingyourmoney/archives/2008/10/looking_for_low_2.htmlcid=1254823468ei=_WXqSN6fEKT2ygSZlcRGusg=AFQjCNGj25kn8Sodrn5GGhe0FFntuY-g3wLooking for low btaxes/b in retirement? Avoid New Jersey/abrfont size=-1font color=#6f6f6fBoston Globe,nbsp;United Statesnbsp;-/font nobr3 hours ago/nobr/fontbrfont size=-1The markets are down and new retirees are looking for the most btax/b efficient places to live because, all else being equal, living in a lower btax/b state can b.../b/fontbrfont size=-1a href=http://news.google.com/news/url?sa=Tct=us/2-1fd=Rurl=http://www.marketwatch.com/news/story/study-more-100-tax-related-measures/story.aspx%3Fguid%3D%257B18BDF1CC-B107-41F2-8A20-8547D4419801%257D%26dist%3Dhpprcid=1254823468ei=_WXqSN6fEKT2ygSZlcRGusg=AFQjCNGXjy92q52un8LHL-UAPOOgeM8I-wStudy: More than 100 bTax/b-Related Measures to Appear on State b.../b/a font size=-1 color=#6f6f6fnobrMarketWatch/nobr/font/fontbrfont size=-1a href=http://news.google.com/news/url?sa=Tct=us/2-2fd=Rurl=http://www.opednews.com/articles/Income-Taxes-are-a-Cartoon-by-Allen-Heart-081006-338.htmlcid=1254823468ei=_WXqSN6fEKT2ygSZlcRGusg=AFQjCNH57Veoie7dPWawaZXSa-hYVENiUwIncome bTaxes/b are a Cartoon of the Law/a font size=-1 color=#6f6f6fnobrOpEdNews/nobr/font/fontbrfont class=p size=-1a class=p href=http://news.google.com/news?sourceid=navclientie=ISO-8859-1rls=GGLG,GGLG:2005-22,GGLG:enncl=1254823468hl=ennobrall 8 news articles/nobr/a/font/div/font/td/tr/table

High sales taxes hurt Arizona#39;s lure to business - Arizona Republic

table border=0 width= valign=top cellpadding=2 cellspacing=7trtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbrdiv style=padding-top:0.8em;img alt= height=1 width=1/divdiv class=lha href=http://news.google.com/news/url?sa=Tct=us/3-0fd=Rurl=http://www.azcentral.com/arizonarepublic/business/articles/2008/10/06/20081006biz-taxes1006.htmlcid=1254745207ei=_WXqSN6fEKT2ygSZlcRGusg=AFQjCNGV47oWm0pUa9KnP7QhsGIbijC6uQHigh sales btaxes/b hurt Arizona#39;s lure to business/abrfont size=-1font color=#6f6f6fArizona Republic,nbsp;AZnbsp;-/font nobr11 hours ago/nobr/fontbrfont size=-1by Betty Beard - Oct. 6, 2008 12:27 AM Arizona#39;s btax/b structure puts it in the middle of the states for being friendly to businesses, but its ranking was b.../b/fontbrfont size=-1a href=http://news.google.com/news/url?sa=Tct=us/3-1fd=Rurl=http://milwaukee.bizjournals.com/houston/stories/2008/09/29/daily63.htmlcid=1254745207ei=_WXqSN6fEKT2ygSZlcRGusg=AFQjCNEnSHWycPq0Q97g15TYBNJdj6mmGQTexas btax/b system earns praise/a font size=-1 color=#6f6f6fnobrMilwaukee Business Journal/nobr/font/fontbrfont size=-1a href=http://news.google.com/news/url?sa=Tct=us/3-2fd=Rurl=http://www.star-telegram.com/business/story/954034.htmlcid=1254745207ei=_WXqSN6fEKT2ygSZlcRGusg=AFQjCNEPIk10znDYOce0o6SY543BNlWBsgTexas is good for doing business, btax/b group#39;s index says/a font size=-1 color=#6f6f6fnobrFort Worth Star Telegram/nobr/font/fontbrfont size=-1a href=http://news.google.com/news/url?sa=Tct=us/3-3fd=Rurl=http://www.webcpa.com/article.cfm%3Farticleid%3D29419cid=1254745207ei=_WXqSN6fEKT2ygSZlcRGusg=AFQjCNHRmumsTjeRMuQqWC43cBJWi3LXuANJ bTax/b System Ranked Least Friendly to Business/a font size=-1 color=#6f6f6fnobrWebCPA/nobr/font/fontbrfont size=-1 class=pa href=http://news.google.com/news/url?sa=Tct=us/3-4fd=Rurl=http://www.bizjournals.com/columbus/stories/2008/10/06/daily4.htmlcid=1254745207ei=_WXqSN6fEKT2ygSZlcRGusg=AFQjCNEBWoUvLWnYZlL3OnIjw9QJBHyySwnobrBizjournals.com/nobr/anbsp;- a href=http://news.google.com/news/url?sa=Tct=us/3-5fd=Rurl=http://www.billingsgazette.net/articles/2008/10/06/news/wyoming/27-taxsystem.txtcid=1254745207ei=_WXqSN6fEKT2ygSZlcRGusg=AFQjCNFTyKQF0WSJMg8dLbtxHDNfWUC-8wnobrBillings Gazette/nobr/a/fontbr/font class=p size=-1a class=p href=http://news.google.com/news?sourceid=navclientie=ISO-8859-1rls=GGLG,GGLG:2005-22,GGLG:enncl=1254745207hl=ennobrall 13 news articles/nobr/a/font/div/font/td/tr/table

Republicans: Elect GOP and limit property taxes - Chicago Tribune

Mauritians Turn to the Internet to Pay Taxes - PC World

McCain and the Factchecking Fallacy - National Review Online

table border=0 width= valign=top cellpadding=2 cellspacing=7trtd width=80 align=center valign=topfont style=font-size:85%;font-family:arial,sans-serifa href=http://news.google.com/news/url?sa=Tct=us/6i-0fd=Rurl=http://www.wkrg.com/politics/article/fact_check_did_obama_vote_94_times_for_higher_taxes/19661/cid=1254834377ei=_WXqSN6fEKT2ygSZlcRGusg=AFQjCNGxmWgwqI1BlcetTiVtQo2uLBhezQimg src=http://news.google.com/news?imgefp=VnI1YXFdjkAJimgurl=media.wkrg.com/media/news3/cache/art_b_obama-292x219.jpg width=80 height=60 alt= border=1brfont size=-2WKRG-TV/font/a/font/tdtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbrdiv style=padding-top:0.8em;img alt= height=1 width=1/divdiv class=lha href=http://news.google.com/news/url?sa=Tct=us/6-0fd=Rurl=http://article.nationalreview.com/%3Fq%3DMDgxMGU1ZTNlY2Q4MmVkYWM2MGMyYTdhNTg2N2U1NzM%3Dcid=1254834377ei=_WXqSN6fEKT2ygSZlcRGusg=AFQjCNFcenTfMRadAvjE2MLRZiUDg9cvCQMcCain and the Factchecking Fallacy/abrfont size=-1font color=#6f6f6fNational Review Online,nbsp;NYnbsp;-/font nobr6 hours ago/nobr/fontbrfont size=-1Palin said that Barack Obama ā€had 94 opportunities to side on the peopleā€™s side and reduce btaxes/b and 94 times he voted to increase btaxes/b or not support a b.../b/fontbrfont size=-1a href=http://news.google.com/news/url?sa=Tct=us/6-1fd=Rurl=http://www.wkrg.com/politics/article/fact_check_did_obama_vote_94_times_for_higher_taxes/19661/cid=1254834377ei=_WXqSN6fEKT2ygSZlcRGusg=AFQjCNGxmWgwqI1BlcetTiVtQo2uLBhezQFact Check: Did Obama Vote 94 Times for Higher bTaxes/b?/a font size=-1 color=#6f6f6fnobrWKRG-TV/nobr/font/fontbrfont size=-1a href=http://news.google.com/news/url?sa=Tct=us/6-2fd=Rurl=http://www.marketwatch.com/news/story/democratic-national-committee---post/story.aspx%3Fguid%3D%257B7AF8398A-B747-46F6-BE5F-DFA5D5CF81AD%257D%26dist%3Dhpprcid=1254834377ei=_WXqSN6fEKT2ygSZlcRGusg=AFQjCNFEQw4ak8yfCscC2nJkGdGNoAGx-wDemocratic National Committee - Post Debate Update: #39;Count the b.../b/a font size=-1 color=#6f6f6fnobrMarketWatch/nobr/font/fontbrfont size=-1a href=http://news.google.com/news/url?sa=Tct=us/6-3fd=Rurl=http://www.thenewstribune.com/news/nationworld/story/498347.htmlcid=1254834377ei=_WXqSN6fEKT2ygSZlcRGusg=AFQjCNGvnXG227ORmvyjnl9B1oJauqDRsgVeteran, ā€maverickā€™ go at it with different views, styles/a font size=-1 color=#6f6f6fnobrTheNewsTribune.com/nobr/font/fontbrfont size=-1 class=pa href=http://news.google.com/news/url?sa=Tct=us/6-4fd=Rurl=http://www.latimes.com/news/politics/la-na-factcheck3-2008oct03,0,5209652.storycid=1254834377ei=_WXqSN6fEKT2ygSZlcRGusg=AFQjCNHpdYWLmMTqFJTeV_U5YJlxoW3BVQnobrLos Angeles Times/nobr/anbsp;- a href=http://news.google.com/news/url?sa=Tct=us/6-5fd=Rurl=http://blog.newsweek.com/blogs/stumper/archive/2008/10/03/factcheck-org-loose-with-the-truth-in-st-louis.aspxcid=1254834377ei=_WXqSN6fEKT2ygSZlcRGusg=AFQjCNEsv4I-48URly2oR62QmU4smrKsYAnobrNewsweek/nobr/a/fontbr/font class=p size=-1a class=p href=http://news.google.com/news?sourceid=navclientie=ISO-8859-1rls=GGLG,GGLG:2005-22,GGLG:enncl=1254834377hl=ennobrall 41 news articles/nobr/a/font/div/font/td/tr/table

The McCain Comeback Plan: Taxes, Crime, Associations And Real Reform - Atlantic Online

Pay Less Tax on Your Funds - Washington Post

Investors scouting for deals in tax sale - Indianapolis Star

Taxes - Google News

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