Tax Mitigation

Tax mitigation refers to legal strategies and financial planning techniques used to reduce the amount of taxes owed. It involves structuring your income, investments, and expenses in ways that take advantage of available deductions, credits, and incentives provided by tax laws. The goal is to minimize tax liability while remaining compliant with regulations. Tax mitigation is different from tax evasion, which is illegal. It’s a legitimate means of optimizing your financial position by smartly managing your taxable activities and benefiting from lawful tax-saving opportunities.