Breaking Down “Tax Shelters”

A tax shelter is a financial arrangement used by taxpayers to minimize or decrease their taxable incomes and, therefore, tax liabilities. While tax shelters provide a way to legally avoid taxes, they can also be used to evade taxes. Thus before choosing any tax shelter route to reduce your tax liability it is advisable to seek assistance from our team of professionals to avoid being investigated or penalized. At Ranjit Jain and Co we will help you to find a perfectly legal way to minimize your taxable income!