Seriously, if you want to reduce your tax liability, you have to act now. Tax Planning provides you opportunities to potentially increase your tax deductions and reduce your tax liability. Those opportunities are lost when you wait until time to file your tax return to think about taxes.
If you are worried about the cost for tax planning, don’t be. If you have a good tax consultant, they will often be able to offer opportunities for tax savings that will well exceed the cost of the tax planning. But that is only if you act NOW…half the year is over already. Everyday you wait is another day you lost money. Just do it!