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One of the biggest surprises I learned when I bought my company 4 years ago, was how much effort goes into tax minimization. It seems like every year, I spend the first 11 months trying to maximize profit, and then spend December trying to minimize the first 11 months efforts.
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Ah grasshopper! Enter the concept of 'tax planning'
Instead of spending one month on tax minimization - it's a 12 month project!
That's why the tax guys get paid the big bucks, and get paid all year long - hmmm.... why didn't I specialize in taxes again.... silly me
