Tax Planning and Advisory
Timing Strategy
Timing strategies are tax planning moves that pertain to when income must be recognized, when a deduction or loss can be taken, or when a tax credit is allowed. In line with the time value of money, timing strategies work to maximize the after-tax cash inflows or minimize the after-tax cash outflows associated with a decision.
Income-Shifting Strategies
This strategy will work by changing where income, deduction, or loss is recognized as well as who recognizes the income, deduction, or loss. Exploiting differences in tax rates across jurisdictions, entities and individuals.